Mill Creek East, WA High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Mill Creek East, Washington Market population: 16K. Compare commercial properties across all major asset...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Mill Creek East WA Properties: 85.0000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Mill Creek East WA
Common questions from investors exploring commercial real estate in Mill Creek East WA.
What is the overall investment potential of Mill Creek East, WA?
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The combination of a high median household income of $99,297, low poverty rate of 4.6%, and high health insurance coverage of 95.1% suggests a stable and attractive market for real estate investment, with a strong potential for rental income and property appreciation.
How does the demographic diversity of Mill Creek East impact the local real estate market?
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The diverse population of Mill Creek East, with top ethnicities including White, White Non-Hispanic, and Asian, contributes to a vibrant and dynamic community, while the foreign born rate of 14.5% and top industries in Information and Professional Services indicate a demand for housing from a skilled and educated workforce.
What are the key factors influencing the quality of life for residents and tenants in Mill Creek East?
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The average commute time of 33.4 minutes, with top commute methods including driving alone and working from home, suggests a convenient and flexible lifestyle, while the high health insurance coverage rate of 95.1% and low poverty rate of 4.6% indicate a high level of employment stability and access to healthcare.
How does the local economy and employment market impact the real estate investment potential of Mill Creek East?
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The strong employment market in Mill Creek East, with a high median household income of $99,297 and top industries in Information and Professional Services, suggests a high demand for housing from a skilled and educated workforce, while the low poverty rate of 4.6% and high health insurance coverage rate of 95.1% indicate a stable and secure tenant base.
What are the implications of the housing market characteristics of Mill Creek East for real estate investors?
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The high median property value of $343,700 and median property taxes of $4,806, combined with a homeownership rate of 83.8%, suggest a strong and stable housing market with potential for long-term appreciation, while the average commute time of 33.4 minutes and top commute methods indicate a convenient and accessible location for residents and tenants.
Mill Creek East WA Real Estate & City Facts
Key facts and real estate information about Mill Creek East WA.
What are some of the best neighborhoods to live in Mill Creek East?
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Some of the best neighborhoods to live in Mill Creek East include The Highlands, Mill Creek Estates, and nearby residential pockets. These areas are known for being peaceful and having beautiful parks and clean trails. Additionally, neighborhoods like Mill Creek Blvd and Bothell are also popular for their tree-lined streets and easy living.
What are some fun things to do in Mill Creek East?
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There are plenty of fun things to do in Mill Creek East, such as visiting the McMenamins Mill Creek, Novelty Hill Winery, and Red Hook Brewery. You can also check out the Elevated Sportz Trampoline Park and Event Center, or attend events and activities listed on Eventbrite. For outdoor enthusiasts, there's fishing and boating, as well as exploring the local parks and trails.
What is the food scene like in Mill Creek East?
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The food scene in Mill Creek East is diverse and exciting, with a range of restaurants to choose from. Some popular spots include Azul Restaurant, Su's kitchen, Rare Society, and Tapped Public House Mill Creek. You can also find great food at the Central Market Food Court, or try some Greek/Mediterranean cuisine at Kafe Neo. There are also plenty of great food trucks and cafes in the area, offering everything from steak to seafood to international cuisine.
What are the pros and cons of living in Mill Creek East?
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The pros of living in Mill Creek East include its peaceful and beautiful neighborhoods, plenty of outdoor activities and parks, and a diverse food scene. However, some cons include the high cost of living, with median house prices and rent being relatively expensive. Additionally, traffic and commute times can be a challenge, especially for those who work in nearby cities like Seattle. Overall, Mill Creek East is a great place to live for those who value a relaxed and natural environment, but may not be the best fit for those on a tight budget or with limited mobility.
Is Mill Creek East a good place to live?
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Mill Creek East can be a great place to live, depending on your individual preferences and priorities. If you value a peaceful and natural environment, with plenty of outdoor activities and a diverse food scene, then Mill Creek East may be an excellent choice. However, if you're on a tight budget or have limited mobility, you may want to consider other options. Ultimately, it's essential to weigh the pros and cons and visit the area in person to get a feel for whether Mill Creek East is the right fit for you.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Mill Creek East WA Commercial Property: $99,297
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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