Commercial Real Estate Market in Mukilteo, WA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
32 active listings and 396 off-market properties in Mukilteo, WA. Commercial property asks $103/SF to buy and $13.50/SF/Yr to lease.
Market Trends
Mukilteo, WA spans 7.3 square miles in Snohomish County, Washington. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Mukilteo, WA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Mukilteo, WA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Mukilteo, WA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Mukilteo, WA runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 64.3%
- Industrial 13.9%
- Open space 11.8%
- Commercial 8.9%
- Mixed use 1.1%
Largest Zones share of zoned land by district
Single Family Residential District 8400 Square Feet Minimum Lot Area
Single Family Residential District 7500 Square Feet Minimum Lot Area
Open Space
Single Family Residential District 12500 Square Feet Minimum Lot Area
Single Family Residential District 9600 Square Feet Minimum Lot Area
Mukilteo, WA zones 4,314 acres across 23 districts. Commercial zoning covers 8.9% of zoned land, residential 64.3%, open space 11.8% and industrial 13.9%. The largest single district is Single Family Residential District 8400 Square Feet Minimum Lot Area at 16.8%. For commercial buyers the practical constraint is that only 22.7% of land carries a commercial or industrial designation.
Single Family Residential District 8400 Square Feet Minimum Lot Area (RD-8.4)
The purpose of this district RD-8.4 is to promote Single Family Residential District 8400 Square Feet Minimum Lot Area uses.
Market overview
Demographics & Economy
Mukilteo, WA has 21,642 residents in 8,492 households. Density runs 2,960 people per square mile. Median household income here is $122,612 and median gross rent $2,127 a month.
21,642
Population
8,492
Households
2.5
Avg Household Size
44
Median Age
55%
College-Educated
98%
High-School Grad
7.3 sq mi
ZIP Area
2,960
Density / Sq Mi
$122,612
Median Household Income
$69,619
Median Earnings
$2,127
Median Rent
$830,000
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Mukilteo?
Commercial property in Mukilteo, WA asks an average of $103 per square foot. The 5 most recent recorded sales traded at a median of $1,458/SF.
How much does it cost to lease commercial space in Mukilteo?
Asking lease rates in Mukilteo, WA average $13.50 per square foot per year.
What zoning applies to commercial property in Mukilteo?
Mukilteo, WA zones 4,314 acres across 23 districts, of which 8.9% is commercial and 13.9% industrial. The largest single district is Single Family Residential District 8400 Square Feet Minimum Lot Area at 16.8% of zoned land. The purpose of this district RD-8.4 is to promote Single Family Residential District 8400 Square Feet Minimum Lot Area uses. Residential zoning covers 64.3% and open space 11.8%.
Where does Realmo's Mukilteo market data come from?
Realmo compiles Mukilteo, WA figures from 8 recent recorded sales, 13 active sale listings, 19 active lease listings, 396 tracked off-market properties, the current Mukilteo zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 13 active for-sale and 19 active for-lease listings in Mukilteo, WA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,314 zoned acres across 23 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
