Mountlake Terrace, WA
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    Mountlake Terrace, WA Retail Properties & Spaces for Sale

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    Lynnwood, WA Edmonds, WA Shoreline, WA
    Mountlake Terrace Investment Opportunity
    $1,650,000

    Mountlake Terrace Investment Opportunity

    5903 244th Street SW, Mountlake Terrace, WA 98043

    Redevelopment opportunity near future light rail station.

    • Prime redevelopment opportunity: Zoning allows up to 18 residential units and 2,000 sq ft of retail space.
    • Strategic location: Gateway to Mountlake Terrace, near I‑5 and the Terrace Station/Gateway Development.
    • Adjacent to future 244th Light Rail station (arriving in 2024).
    • Existing two‑story office building provides a current income stream with nine tenants.
    • Abundant on‑site parking available.
    Updated: Apr 7
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    Based on your search, we've compiled 74 Potential Opportunities for your consideration. Besides 1 Active listings in Mountlake Terrace, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Established Hair Salon For Sale
    $65,000

    Established Hair Salon For Sale

    Profitable hair salon with expansion potential and existing clientele.

    23805 Hwy 99, Edmonds, WA 98026
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    Shoreline Retail Space For Sale
    $1,700,000
    1,364 SF

    Shoreline Retail Space For Sale

    Retail space available for purchase in Shoreline, Washington.

    17211 15th Ave, Shoreline, WA 98155
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    Open Commercial Office/Retail Space
    Contact for pricing
    765 SF

    Open Commercial Office/Retail Space

    Versatile space ideal for office, studio, or fitness use.

    23931 Highway 99 #102, Edmonds, WA 98026
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    Development Site Near Light Rail
    $11,500,000

    Development Site Near Light Rail

    Development site near North Shoreline Light Rail Station.

    18340 3rd Avenue, Shoreline, WA 98155
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Desirable Corner Lot Near Greenlake
    $2,150,000
    0.25 Acres

    Desirable Corner Lot Near Greenlake

    Double corner lot near Greenlake with C1-55 zoning.

    8211 Aurora Ave N, Seattle, WA 98103
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    Mukilteo Light Industrial Land Parcel
    $849,900
    0.89 Acres

    Mukilteo Light Industrial Land Parcel

    0.89 acre light industrial land parcel in Mukilteo.

    12900 Beverly Park Road, Mukilteo, WA 98275
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    Vacant Land in University District
    $2,410,000
    0.23 Acres

    Vacant Land in University District

    9,850 square foot vacant land parcel for sale.

    4048 Pasadena Place Northeast, Seattle, WA 98105
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    Prime Pad Site Opportunity
    Contact for pricing
    38,333 SF

    Prime Pad Site Opportunity

    Pad site available next to proposed 7-Eleven.

    19145 Woodinville Duvall Rd, Woodinville, WA 98072
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    Off-Market Properties in Mountlake Terrace, WA

    Consider similar Off-Market properties in Mountlake Terrace, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    22828 56th W Ave
    BARBER, HAIR SALON
    2,155 SF Lot: 0.21 Acres
    Value Estimation by Request

    22828 56th W Ave, Mountlake Terrace, WA 98043-3922

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    23303 56th W Ave
    RETAIL STORES (PERSONAL SERVICES)
    1,188 SF Lot: 0.17 Acres
    Value Estimation by Request

    23303 56th W Ave, Mountlake Terrace, WA 98043-4717

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    23308 56th W Ave
    BARBER, HAIR SALON
    1,800 SF Lot: 0.24 Acres
    Value Estimation by Request

    23308 56th W Ave, Mountlake Terrace, WA 98043-4718

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    5707 244th SW St
    BARBER, HAIR SALON
    1,113 SF Lot: 0.17 Acres
    Value Estimation by Request

    5707 244th SW St, Mountlake Terrace, WA 98043-5449

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    5703 232nd SW St
    FINANCIAL BUILDING
    3,060 SF Lot: 0.60 Acres
    Value Estimation by Request

    5703 232nd SW St, Mountlake Terrace, WA 98043-4635

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    23206 56th W Ave
    SERVICE STATION (FULL SERVICE)
    252 SF Lot: 0.28 Acres
    Value Estimation by Request

    23206 56th W Ave, Mountlake Terrace, WA 98043-4716

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    6404 216th SW St
    WHOLESALE OUTLET, DISCOUNT STORE
    32,942 SF Lot: 2.30 Acres
    Estimated value
    $8,000,000

    6404 216th SW St, Mountlake Terrace, WA 98043-2082

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    22402 44th Ave Wa
    RETAIL STORES (PERSONAL SERVICES)
    5,400 SF Lot: 0.68 Acres
    Estimated value
    $845,000

    22402 44th Ave Wa, Mountlake Terrace, WA 98043-4529

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    Mountlake Terrace, WA 98043
    PARKING LOT
    Lot: 0.32 Acres
    Value Estimation by Request

    Mountlake Terrace, WA 98043

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    22801 44th W Ave
    RESTAURANT
    1,591 SF Lot: 0.59 Acres
    Estimated value
    $3,660,000

    22801 44th W Ave, Mountlake Terrace, WA 98043-5025

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    5807 244th SW St
    RESTAURANT
    1,179 SF Lot: 0.17 Acres
    Value Estimation by Request

    5807 244th SW St, Mountlake Terrace, WA 98043-5450

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    21327 44th W Ave
    RETAIL STORES (PERSONAL SERVICES)
    1,860 SF Lot: 0.34 Acres
    Estimated value
    $1,870,000

    21327 44th W Ave, Mountlake Terrace, WA 98043-3507

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    22003 66th W Ave
    RETAIL STORES (PERSONAL SERVICES)
    22,431 SF Lot: 1.18 Acres
    Estimated value
    $2,585,000

    22003 66th W Ave, Mountlake Terrace, WA 98043-2463

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    23204 57th W Ave
    RETAIL STORES (PERSONAL SERVICES)
    6,636 SF Lot: 0.32 Acres
    Value Estimation by Request

    23204 57th W Ave, Mountlake Terrace, WA 98043-4627

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    6702 220th SW St
    RETAIL STORES (PERSONAL SERVICES)
    2,754 SF Lot: 0.28 Acres
    Estimated value
    $1,150,000

    6702 220th SW St, Mountlake Terrace, WA 98043-2121

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    5114 212th SW St
    RESTAURANT
    2,784 SF Lot: 0.42 Acres
    Estimated value
    $1,295,000

    5114 212th SW St, Mountlake Terrace, WA 98043-3325

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    24380 Van Ry Blvd
    RESTAURANT
    6,715 SF Lot: 1.26 Acres
    Estimated value
    $845,000

    24380 Van Ry Blvd, Mountlake Terrace, WA 98043-5455

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    24255 Van Ry Blvd
    RETAIL STORES (PERSONAL SERVICES)
    32,330 SF Lot: 3.32 Acres
    Estimated value
    $5,065,000

    24255 Van Ry Blvd, Mountlake Terrace, WA 98043-5460

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    24120 Van Ry Blvd
    FINANCIAL BUILDING
    59,651 SF Lot: 3.19 Acres
    Estimated value
    $2,555,000

    24120 Van Ry Blvd, Mountlake Terrace, WA 98043-5430

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    24309 56th W Ave
    BAR, TAVERN
    3,416 SF Lot: 0.83 Acres
    Value Estimation by Request

    24309 56th W Ave, Mountlake Terrace, WA 98043-5507

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    21709 Hwy 99
    VEHICLE SALES, RENTALS
    120 SF Lot: 0.22 Acres
    Estimated value
    $730,000

    21709 Hwy 99, Mountlake Terrace, WA 98043

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    23120 56th W Ave
    PARKING LOT
    27,590 SF Lot: 2.14 Acres
    Estimated value
    $1,995,000

    23120 56th W Ave, Mountlake Terrace, WA 98043

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    22726 44th W Ave
    RETAIL STORES (PERSONAL SERVICES)
    2,904 SF Lot: 0.41 Acres
    Estimated value
    $520,000

    22726 44th W Ave, Mountlake Terrace, WA 98043-4578

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    Mountlake Terrace, WA Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 66 retail properties & spaces for sale in Mountlake Terrace, WA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,650,000.

    Sale prices for stores in Mountlake Terrace, WA start at $1,650,000, averaging $1,650,000, and reaching up to $1,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Shopping centers 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) +1.4%
    Median Household Income $101,408
    College Educated 56.6%

    High-Yield Neighborhoods for Investment

    Identify Mountlake Terrace submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    98043 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 0.63%
    Property Tax per SF $3.40 per sq ft
    Tax Rate vs County Average 0.10 pp below county avg
    Average Loan-to-Value 65.0%

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