22905 56th W Ave Mountlake Terrace, WA 98043-3925
This exceptional 2,200 square foot medical office building presents a prime investment opportunity in Mountlake Terrace, Washington. Located at 22905 56th Ave W, 98043, within the Town Center Revitalization Zone, this single-tenant property enjoys high visibility on a major thoroughfare, ensuring excellent foot and vehicle traffic. Built in 1952 and renovated in 1972, the one-story building offers four spacious, open-concept exam rooms, perfectly suited for a variety of medical uses. Three additional flexible rooms provide further versatility, adaptable to various needs. The property includes seven dedicated parking spaces, supplemented by ample street parking. Pre-installed dental plumbing and electrical systems make this space immediately ready for dental practices or other medical services. The property is situated in Snohomish County and offers a convenient location for patients and staff alike. This standalone building represents a rare opportunity to acquire a well-maintained, functional medical office space in a thriving urban center. The property's location within the revitalization zone suggests strong potential for future appreciation. Seven parking spaces are available on-site.
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Helfrich Insurance Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
P1 · Mountlake Terrace, WAMountlake Terrace. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.