Address Map
US
Washington
Snohomish
Mountlake Terrace
98043
230th St
5603
W123° 41' 26''
N47° 47' 25.4''
SW
Additional Information
Peter Tang
27382
1005977
16,193 Sqft
16,651 Sqft
4
5603 - 5607 230th Street SW
Mountlake Terrace
1
Concrete,Masonry
98043
WA
Mountlake Terrace
5603 230th St. SW
Property Description

Attention Builders / Investors: Excellent development opportunity to build for rent or spec project. This premium 16,193 sqft site is two parcels located 1 block from MLT town center core and 5 blocks to new MLT light rail station. TC-R zoning allows flexible development options for smaller scale mixture of multifamily, townhouses or professional retail / office use. Building height allowance of 2-4 stories. Preliminary studies shows 11 unit townhome feasible with no commercial space requirement. MLT offers MFTE (multifamily tax exemption) program on qualifying projects. Great opportunity for owner operator to use or rent 1323 sqft office building and 672 sqft SFR during permit process. The office building is also listed separately.

For Sale

5603 230th St, Mountlake Terrace, Washington 98043

  • Square Footage: 1,995 Sqft
$1,650,000
Listing ID#694748
QR Code
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : 694748
Price : $1,650,000
Square Footage : 1,995 Sqft
Year Built : 1951
Lot Area : 0.37 Sqft
Status : Active
Office Name : Pellego, Inc
Property Sub Type : Land
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
BROKER OF REAL ESTATE
3380 146th PL SE Suite 300
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CONTACT BROKER
Pellego, Inc