Bought with John L. Scott, Inc.
$620,000
$800,000
22.5%For more information regarding the value of a property, please contact us for a free consultation.
5800 236th ST SW Mountlake Terrace, WA 98043
7,841 Sqft Lot
Key Details
Sold Price $620,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Mountlake Terrace
MLS Listing ID 2006791
Sold Date 05/08/23
Style 42 - Multi-Family
Annual Tax Amount $3,988
Lot Size 7,841 Sqft
Lot Dimensions 133x61
Property Description
The perfect, level corner lot in the new Downtown Core, roughly 8,000 square feet, zoned Town Center-1 for a minimum of 6 stories to a maximum of 12 stories - the highest density zone in the city. The structure on the property could be renovated and rented out during the design & permitting phase, it has been used as an office. Amazing location less than a block from the Mountlake Terrace Transit Center and Light Rail Station. TC1 zoning allows multifamily plus an array of commercial uses. This would be an ideal part of a Transit Oriented Development project.
Location
State WA
County Snohomish
Area 730 - Southwest Snohom
Interior
Fireplace false
Exterior
Utilities Available Natural Gas Available, Electricity Connected
View Y/N No
Building
Lot Description Corner Lot
Sewer On Property
Water On Property
Schools
School District Edmonds
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157