7125 224th St SW $1,985,000

    Close

    7125 224th St SW Mountlake Terrace, WA 98026

    • 0.87 Acres
    • Commercial/Industrial
    Listing# 1448436 | Active

    $1,985,000

    Request Info
    Days On Market: 143 0 Views
    Add to Favorites Share

    Go Tour This Home

    Schedule A Showing

    Property Details

    Currently Professional Office Medical / Dental Building with ample 35 parking spots. 2 blocks off Aurora - Hwy 99. If you ever wanted your own practice or just want to expand, this is a great opportunity. Large Commercial Building. 7,358 SQ FT office building on a 37,897 lot with lots of parking. This is a dental lab well designed with equipment and built out. Can be an Office/Medical Building Located in the Edmonds / Mountlake Terrace area. A rare opportunity for a commercial office space.

    • General Features
      • County Snohomish
      • Zoning Class Commercial
      • Zoning Jurisdiction City
      • Style 61-Comm Bldg Ovr 10K
      • Approx Building SqFt 7,358
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 7,358
      • Total Uncovered Parking 35
      • Total Covered Parking 0
    • Building Features
      • Exterior Brick, Metal/Vinyl
      • Foundation Concrete Block, Post and Pillar
      • Roof Metal, Torch Down
      • Floor Covering Concrete, Vinyl
      • Heating and Cooling Forced Air
    • Property Features
      • Lot Square Footage 37,897
      • Depth of Lot 0
      • Site Frontage 0
      • Expansion Area N
      • Environment Survey N
      • Water-Sewer-Garbage 0
      • Sewer Sewer Connected
      • Sewer Company Mountlake Terrace
      • Energy Source Electric, Natural Gas
      • Power Company Snohomish PUD
      • Number of Available Pads 0
      • Pad Ready N
    • Financials
      • Free and Clear N
      • Vacancy Rate 5
      • Total SqFt Rented 7,358
      • Total Monthly Rent $11,000
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 5.5
      • Gross Scheduled Income $0
      • Gross Adjusted Income $0
      • Total Expenses $0
      • NOI $0
      • Electrical Expenses $0
      • Tax Expense $17,941
      • Heating Expense $0
      • Insurance Expense $5,084
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2018

    Contact

    Neighborhood

    98026 (Mountlake Terrace) Demographics

    44Median Age
    3,951Population Density (per sq. mile)
    51%College Educated
    $81,924 Estimated Median Income
    10,737Estimated Total Home Owners
    3,822Estimated Total Renters
    74% / 26%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    36,844Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $580,000 Median Sales Price
    37 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,985,000
        5/13/2019 5:21:21 PM Price Reduced Source New Value: $1,985,000 -9.77%
        5/3/2019 9:51:00 AM New in Database Source New Value: $2,200,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment

        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.