23505 56Th Ave Mountlake Terrace, WA 98043
- Retail properties
- 211,042 SF
Current Use by Public Records
- Retail properties
Property Details for 23505 56Th Ave
- Year built
- 2020
- Property size
- 211,042 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional retail opportunity is located within Atlas 236, a brand-new mixed-use development in Mountlake Terrace, WA, completed in Q3 2020. The property, situated at 23505 56th Avenue West, zip code 98043, offers a total of 211,042 square feet, encompassing a single suite of retail space. Currently, 637 square feet are vacant, ideal for a restaurant tenant. The building boasts a generous parking ratio of 5 spaces per 1,000 square feet, located within a garage. The zoning is BC/D, ensuring flexibility for various restaurant concepts. This prime location benefits from excellent accessibility, being less than half a mile from the Mountlake Terrace Transit Center and Interstate 5, providing convenient access for both employees and customers. The retail space is situated beneath 151 apartments, creating a built-in customer base. The total retail space within the development is 10,305 square feet. This is a chance to be part of Mountlake Terrace's most exciting new development, in Snohomish County. The property is categorized as a multi-tenant retail building.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mountlake Terrace
- County
- Snohomish
- State
- Washington
- Longitude
- -122.308
- Latitude
- 47.7853
