Mountlake Terrace, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Mountlake Terrace, Washington Market population: 20K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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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 Mountlake Terrace WA Properties: 0.7200%
⭐ 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 Mountlake Terrace WA
Common questions from investors exploring commercial real estate in Mountlake Terrace WA.
What makes Mountlake Terrace, WA an attractive market for real estate investment?
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The combination of a relatively low poverty rate of 7.8%, high health insurance coverage of 90.5%, and a strong median household income of $59,007 suggests a stable and attractive market for real estate investment, with a diverse population including White, White Non-Hispanic, and Hispanic communities.
How does the commute time and transportation infrastructure impact the rental market in Mountlake Terrace?
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The average commute time of 28.1 minutes, with top commute methods including driving alone, working from home, and public transit, indicates a well-connected city with a range of transportation options, which can support a strong rental market, particularly in areas with high demand from employees in the top industries of Information, Manufacturing, and Finance & Insurance.
What are the key factors to consider when assessing the quality of tenants in Mountlake Terrace?
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The poverty rate of 7.8% combined with a high health insurance coverage rate of 90.5% suggests a relatively stable and employed population, which can indicate a lower risk of tenant default, and with a median age of 37.2 and a diverse ethnic makeup, including White, White Non-Hispanic, and Hispanic communities, investors can expect a range of potential tenants.
How does the ethnic diversity and industry mix in Mountlake Terrace impact market demand for real estate?
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The city's diverse ethnic makeup, including White, White Non-Hispanic, and Hispanic communities, and the presence of top industries such as Information, Manufacturing, and Finance & Insurance, suggests a strong and stable demand for real estate, driven by a range of employment opportunities and a growing population of 20,157, with a median household income of $59,007.
What are the implications of the homeownership rate and median property value for real estate investors in Mountlake Terrace?
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The homeownership rate of 56.8% and median property value of $261,300 indicate a relatively stable and established housing market, with opportunities for investors to capitalize on rental yields, particularly in areas with high demand from employees in the top industries, and with a relatively low poverty rate and high health insurance coverage, investors can expect a lower risk of vacancy and default.
Mountlake Terrace WA Real Estate & City Facts
Key facts and real estate information about Mountlake Terrace WA.
What are some of the best neighborhoods to live in Mountlake Terrace?
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Some of the best neighborhoods to live in Mountlake Terrace include Town Center, Lake Ballinger, and MLT Elementary. These neighborhoods are known for their peaceful and family-friendly atmosphere, with easy access to parks, schools, and shopping centers. For example, Town Center is a walkable neighborhood with a mix of old and new homes, while Lake Ballinger is a more affluent area with larger homes and beautiful views of the lake.
What are some fun things to do in Mountlake Terrace?
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There are plenty of fun things to do in Mountlake Terrace, including visiting the Olympic View Arena, Regal Cinebarre Mountlake, and Ballinger Park. You can also explore the nearby Seattle Waterfront, Space Needle, and Seattle Center. If you're looking for outdoor activities, you can check out the Burke-Gilman Trail, Log Boom Park, or the Bitter Lake Reservoir Open Space. Additionally, the city hosts various events and festivals throughout the year, such as the Mountlake Terrace Farmers Market and the Summer Concert Series.
What is the food scene like in Mountlake Terrace?
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The food scene in Mountlake Terrace is diverse and vibrant, with a range of restaurants serving different cuisines. Some popular spots include Diamond Knot Brewpub, Las Espuelas, Thai Amorn, and Time Out Greek & American Restaurant. You can also find food trucks and outdoor dining options, especially during the summer months. If you're looking for hidden gems, you might want to try T&T Seafood or Yeh Yeh's, which are local favorites.
What are the pros and cons of living in Mountlake Terrace?
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The pros of living in Mountlake Terrace include its convenient location, with easy access to Seattle and other nearby cities. The city also has a strong sense of community, with many parks, trails, and outdoor spaces. However, some cons include the traffic and congestion on the main roads, as well as the limited nightlife and entertainment options. Additionally, some areas of the city can be quite hilly, which may be a challenge for some residents.
Is Mountlake Terrace a good place to live?
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Overall, Mountlake Terrace is a great place to live, with its unique blend of small-town charm and big-city amenities. The city offers a high quality of life, with good schools, low crime rates, and a strong sense of community. While it may not be the best fit for everyone, especially those looking for a more urban lifestyle, it is an excellent choice for families, commuters, and outdoor enthusiasts. With its beautiful parks, trails, and natural scenery, Mountlake Terrace is a hidden gem in the Seattle area that is definitely worth considering.
⭐ 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 Mountlake Terrace WA Commercial Property: $59,007
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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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