5603 230th Street SW

Mountlake Terrace, WA 98043

  • Bed

  • Bath

  • 0 SqFt

  • 67 DOM

  • Built: 1951

  • Status: Active

$950,000

X

5603 230th Street SW

Mountlake Terrace 98043

$950000

  • Bed

  • Bath

  • 0 SqFt

  • 67 DOM

  • Built: 1951

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Rare opportunity to own commercial retail / professional office with development potential in sought after MLT town center. Building floor plan allows flexibility for variety of owner/user to operate business & build equity in high growth area. Features include gas heat, central A/C, skylights, epoxy concrete flooring & mature landscaping. Great visibility on the corner of 56th & 1 block from heart of Town Center core. Six vehicle onsite parking & ADA accessible. TC-R zoning allows for smaller scale mixture of multifamily, townhouses, retail commercial & professional office. MLT offers MFTE (multifamily tax exemption) on qualifying projects. Preliminary studies shows 11 unit townhome possible by acquiring adjacent parcel, see MLS #2343858.

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Residence Information

  • 0

  • Composition

  • 73 - Office

  • 1951

  • Block, Slab

Features and Utilities

  • Concrete, Wall to Wall Carpet

  • Cement/Concrete, Metal/Vinyl

  • Public

  • Sewer Connected

Financial

  • Cash Out, Conventional

  • 03-14-2025

Comparable Information

  • 67

  • 67

  • Cash Out, Conventional

  • $950,000

  • $950,000

  • Mar 14, 2025 21:57

Schools

Map

Listing courtesy of Pellego, Inc..

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: May 20, 2025 10:27 | Listing last modified Mar 14, 2025 21:57. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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