Mountlake Terrace, WA
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    Mountlake Terrace, WA Retail Space 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 28 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 22 Off-Market properties to explore as potential leads, plus 1 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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    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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    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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    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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

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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.

    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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    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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    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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    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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    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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    5406 232nd SW St
    RETAIL STORES (PERSONAL SERVICES)
    924 SF Lot: 0.21 Acres
    Value Estimation by Request

    5406 232nd SW St, Mountlake Terrace, WA 98043-4736

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    5602 232nd SW St
    RETAIL STORES (PERSONAL SERVICES)
    18,000 SF Lot: 1.17 Acres
    Estimated value
    $2,250,000

    5602 232nd SW St, Mountlake Terrace, WA 98043-4659

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    21919 66th W Ave
    RETAIL STORES (PERSONAL SERVICES)
    15,122 SF Lot: 1.66 Acres
    Estimated value
    $2,205,000

    21919 66th W Ave, Mountlake Terrace, WA 98043-2189

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    6710 220th SW St
    RETAIL STORES (PERSONAL SERVICES)
    8,180 SF Lot: 0.53 Acres
    Estimated value
    $1,005,000

    6710 220th SW St, Mountlake Terrace, WA 98043-2121

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    23205 56th W Ave
    RETAIL STORES (PERSONAL SERVICES)
    1,856 SF Lot: 0.25 Acres
    Value Estimation by Request

    23205 56th W Ave, Mountlake Terrace, WA 98043-4715

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    7012 220th SW St
    RETAIL STORES (PERSONAL SERVICES)
    27,000 SF Lot: 2.11 Acres
    Estimated value
    $3,340,000

    7012 220th SW St, Mountlake Terrace, WA 98043-2125

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    22000 64th W Ave
    RETAIL STORES (PERSONAL SERVICES)
    6,775 SF Lot: 0.99 Acres
    Estimated value
    $1,065,000

    22000 64th W Ave, Mountlake Terrace, WA 98043-2500

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    22002 64th W Ave
    RETAIL STORES (PERSONAL SERVICES)
    10,920 SF Lot: 1.28 Acres
    Estimated value
    $1,745,000

    22002 64th W Ave, Mountlake Terrace, WA 98043-2528

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    21203 52nd W Ave
    RETAIL STORES (PERSONAL SERVICES)
    4,100 SF Lot: 0.39 Acres
    Estimated value
    $615,000

    21203 52nd W Ave, Mountlake Terrace, WA 98043-6111

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    22803 44th W Ave
    RETAIL STORES (PERSONAL SERVICES)
    80,292 SF Lot: 7.74 Acres

    22803 44th W Ave, Mountlake Terrace, WA 98043-5032

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    21005 44th W Ave
    RETAIL STORES (PERSONAL SERVICES)
    12,928 SF Lot: 1.16 Acres
    Estimated value
    $2,015,000

    21005 44th W Ave, Mountlake Terrace, WA 98043-3584

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    4306 228th SW St
    RETAIL STORES (PERSONAL SERVICES)
    6,970 SF Lot: 0.46 Acres
    Estimated value
    $1,060,000

    4306 228th SW St, Mountlake Terrace, WA 98043-5037

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    4313 212th SW St
    RETAIL STORES (PERSONAL SERVICES)
    7,931 SF Lot: 0.97 Acres
    Estimated value
    $1,450,000

    4313 212th SW St, Mountlake Terrace, WA 98043-3585

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    Mountlake Terrace, WA 98043
    RETAIL STORES (PERSONAL SERVICES)
    13,444 SF Lot: 2.35 Acres
    Estimated value
    $1,990,000

    Mountlake Terrace, WA 98043

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    Mountlake Terrace, WA Retail Space Investment Opportunities Market Analysis

    Explore 23 retail space 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 retail space 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

    Commercial property segments ranked by active listings on the market

    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 average 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 SF
    Tax Rate vs County Average 0.10 pp below county avg
    Average Loan-to-Value 65.0%

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