5507 240th ST SW, Mountlake Terrace, WA 98043
5507 240th ST SW, Mountlake Terrace, WA 98043
5507 240th ST SW, Mountlake Terrace, WA 98043
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Listed by:John L. Scott, Inc. • Kimberly Shaeffer
$799,000
Est. payment /mo
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7,841 Sqft Lot
Active

5507 240th ST SW Mountlake Terrace, WA 98043

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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Mountlake Terrace

MLS Listing ID 2571324

Style 40 - Res-Less thn 1 Ac

Lot Size 7,841 Sqft

Property Sub-Type Land

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.

Location

State WA

County Snohomish

Area 730 - Southwest Snohomish

Interior

Fireplace false

Exterior

Utilities Available Electricity Connected, Natural Gas Available

View Y/N No

Building

Lot Description Corner Lot

Sewer On Property

Water On Property

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Snohomish

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Northwest MLS (NWMLS)

NEARBY SCHOOL & BUSINESS

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5507 240th ST SW