Mountlake Terrace Assemblage
10 Single-Family Parcels located in prime development corridor
Marketing description
FOR SALE| BEST OFFER
Unique 10-parcel development assemblage in Mountlake Terrace’s Town Center Zoning District 1, directly north of the new Sound Transit Light Rail Station at I-5 and 236th St SW. The assemblage is comprised of 9 single-family home owners (10 parcels) who are cooperating with each other for marketing purposes to bring this +/- 85,082 SF of land, zoned TC-1, to the market. As part of the Town Center Subarea Plan, the City of Mountlake Terrace is planning a pedestrian connection through Veteran’s Memorial Park starting at the entrance to the assemblage leading to the Light Rail Station. The opportunity to purchase 9 single-family homes in a prime development corridor, all cooperating with each other, is highly unique. Call today for more details! *Zoning information can be found at https://cityofmlt.com/338/Town-Center-Subarea-Plan
Investment highlights
Light Rail Adjacent Development Assemblage - Link Light Rail Station opens in 2024
TC-1 Zoned for up to 6-12 Stories (https://cityofmlt.com/338/Town-Center-Subarea-Plan)
188,997 Vehicles Per Day on Interstate-5
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