5507 240th Street SW, Mountlake Terrace, WA 98043

Courtesy of John L. Scott, Inc.

$799,000
3
BD
1
BA
1,100
SqFt

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List Price
$799,000
Status
ACTIVE
Days on Market
25
MLS#
2572307
Subtype
Residential
Style
10 - 1 Story
Year Built
1950
Bedrooms
3
Bathrooms
1
Living Area
1,100
Lot Size
7,841
Acres
0.18
Subdivision
Mountlake Terrace
Neighborhood
Mountlake Terrace
MLS Area Major
Southwest Snohomish

Property Description

Exceptional redevelopment opportunity in the heart of Mountlake Terrace. This 7,800+ SF corner property is located just blocks from the Mountlake Terrace Link light rail station and downtown, with desirable BC/D zoning offering significant long-term potential. The property is currently improved with an existing residence and occupied by a long-standing month-to-month tenant, providing income while a buyer evaluates future plans. An excellent opportunity for a developer, investor, or owner looking to secure a strategically located property in one of Mountlake Terrace's evolving transit-oriented areas. Buyer to verify zoning, development potential, permitted uses, and all information to buyer's satisfaction. Please do not disturb tenant or walk the property without prior permission.

Additional Information

Exterior Features
Cement/Concrete
Property Description
10 - 1 Story
Flooring
Vinyl Plank
Heating
Baseboard
Air Conditioning
None
Levels
One
Roof
Metal, Torch Down
Parking Features
Driveway, Attached Garage
School District
Snohomish
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
View
Territorial
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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