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5720 220th Street SW Mountlake Terrace, WA $ 1,495,000
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5720 220th Street SW
$ 1,495,000
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5720 220th Street SW

Mountlake Terrace, WA, 98043
$ 1,495,000
Baths0.0

Monthly Estimate*

$ 9,936

Listed by Compass Realty Solutions
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Studio

Commercial Property for sale in Mountlake Terrace, WA

for $1,495,000. This building was built in 1954 on a lot size of 0.22.

Newly remodeled office building with over 3,000 square feet of office space on .22 acre lot. High visibility in a fantastic location for your business with excellent parking quick access on and off I-5. Suite A features 1,600+ sqft office space with a reception area, conference room, private offices, full kitchen, private bath with shower and additional flex rooms. Suite B features 1,400+ sqft open office space with full bath. Storage shed on-site. Use the space as is or transform to fit your business needs. Parking lot with enough room for 8 cars.

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Commercial Active

Price

$ 1,495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,955

Style

Comm Bldg Und 10K

Lot Size

0.22

Year Built

1954

Town/City

Mountlake Terrace

County/Region

Snohomish

MLS | Web ID

2234218
Features
General
Interior Features Ceramic Tile Hardwood Laminate Wall to Wall Carpet
Sewer Sewer Connected
Heating Baseboard
Possession Closing Tenant's Rights
Roof Composition
Exterior Features Stone Wood Products
HOA 0
Year Built 1954
Topography Level
Property SubType Commercial Industrial
Tax Year 2023
County Snohomish
Net Operating Income 37871
Insurance Expense 3227
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name Mountlake Terrace
Possible Use Office
Special Listing Conditions None
Status Active
Directions From I-5 North or South exit on to 220th St. SW and head East. Building on the right about 1 block down.
City Mountlake Terrace
Buyer Agent Compensation 2.5
Senior Community Y/N N
Total Units 2
MLS Area 730 - Southwest Snohomish
Lot Size Square Feet 9583
Carport Y/N N
Street Name 220th
Listing Terms Cash Out Conventional
Tax Annual Amount 4955
Electric Expense 2712
Public Remarks Newly remodeled office building with over 3 000 square feet of office space on .22 acre lot. High visibility in a fantastic location for your business with excellent parking quick access on and off
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company COM
Total Actual Rent 3583
Zoning Class Office
Water Sewer Garbage 2967
Property Style 60 - Comm Bldg Und 10K
Cap Rate 2.5
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Interior
Flooring Ceramic Tile Hardwood Laminate Carpet
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Bedrooms Possible 0
Living Area Units Square Feet
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 0
Lot Dimensions 103x98
Lot Size Acres 0.22
Lot Size Units Square Feet
Open Parking Y/N N
Irrigation Water Rights Y/N N
Site Frontage 103
Parking Uncovered Total 8
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Internal Only
OriginalMLSID NWM2234218
Street Number 1 5720
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* Excluded Features
List By
Cecelia Carson

Listing Agent

Compass Realty Solutions

Broker

Affordability Calculator

$10,349
Per Month
96%
4%
0%
Monthly Principal & Interest
$9,936
Monthly Property Taxes
$413
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/7/2024$1,495,000 Listed Price

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5720 220th Street SW, Mountlake Terrace, WA, 98043 is a Commercial Property for sale at $1,495,000 with a lot size of 0.22. 5720 220th Street SW is a studio with 0.0 baths and was built in 1954. The property's zip code is 98043 which is in Mountlake Terrace, WA

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