Mountlake Terrace, WA Commercial Real Estate for Lease and Sale

Explore 14 listings of Mountlake Terrace commercial real estate for lease and for sale to find the best space for your business.

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Mountlake Terrace Assemblage

6002 232nd st sw, Town Center Mountlake Terrace, Mountlake Terrace, WA
Property

Land

128,501 SF
For Sale Contact for pricing
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Redstone Corporate Center II

6100 219th Street SW, Melody Hill, Mountlake Terrace, WA
Property

Office

118,438 SF
Availability

4 Spaces

20,875 SF
Year Built

1999
For Lease

$25.50/SF/YR
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Gateway Place

24255 Van Ry Blvd, Gateway, Mountlake Terrace, WA
Property

Retail

32,330 SF
Availability

1 Space

16,082 SF
Year Built

1994
For Lease

$26.00/SF/YR
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Redstone Corporate Center
Regus
6100 219th Street Southwest #480, Mountlake Terrace, WA
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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North Star Place

6808 220th Street SW, Melody Hill, Mountlake Terrace, WA
Property

Office

31,791 SF
Availability

2 Spaces

6,826 SF
Year Built

2000
For Lease Contact for pricing
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MTL Building

5506 232nd St SW, Town Center Mountlake Terrace, Mountlake Terrace, WA
Property

Office

808 SF
Availability Contact for availability
Year Built

1951
For Lease Contact for pricing
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Former Symetrix Building

6408 216th St SW, Melody Hill, Mountlake Terrace, WA
Property

Industrial

12,686 SF
Year Built

1987
For Sale

$3,300,000
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24205 - 24225 56th Ave W

24225 56th Ave W, Gateway, Mountlake Terrace, WA
Property

VacantLand

1,900 SF
For Sale

$995,000
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Mountlake Terrace - Land Assemblage

22802 44th Ave W, Cedar Terrace, Mountlake Terrace, WA
Property

VacantLand

2.3 Acre
For Sale Contact for pricing
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Gateway Place - 24360 Van Ry Blvd

24360 Van Ry Blvd, Gateway, Mountlake Terrace, WA
Property

Retail

31,186 SF
Availability

1 Space

17,100 SF
Year Built

2005
For Lease Contact for pricing
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22313 70th Avenue West

22313 70th Avenue West, Melody Hill, Mountlake Terrace, WA
Property

Industrial

32,420 SF
Availability

2 Spaces

11,253 SF
Year Built

1985
For Lease

$1.25 - $1.36/SF/MO
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6306 215th Street SW

6306 215th Street SW, Melody Hill, Mountlake Terrace, WA
Property

Industrial

22,441 SF
Availability

1 Space

2,375 SF
For Lease

$18.00/SF/YR
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21327 44th Ave W

21327 44th Ave W, Cascade View, Mountlake Terrace, WA
Property

VacantLand

1,860 SF
For Sale

$1,895,000
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Mountlake Terrace office space for lease with great proximity to I-5 and new light rail station

21905 64th Ave. W., Melody Hill, Mountlake Terrace, WA
Property

Office
Availability

1 Space

3,164 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Mountlake Terrace commercial real estate market incorporates 151,769 square feet of office space across 6 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Mountlake Terrace commercial real estate market includes 63,516 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Mountlake Terrace market, there is a total of 67,547 square feet of industrial property.

The listing inventory in Mountlake Terrace incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Mountlake Terrace is represented by Retail space, which accounts for 33,182 square feet of available listings. Office space available in Mountlake Terrace adds up to 32,481 square feet.

Meanwhile, most of the listings of commercial property for sale in Mountlake Terrace are in the Industrial category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Mountlake Terrace is $25.6 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Mountlake Terrace can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Mountlake Terrace, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Mountlake Terrace is in the Melody Hill neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Melody Hill area.

Meanwhile, retail space opportunities are most abundant in the Gateway submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Melody Hill.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $26 per square foot.

The average size of a commercial property in Mountlake Terrace depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Mountlake Terrace, the average size of an office property is 37,943 square feet.
Retail properties here incorporate an average of 31,758 square feet.
Industrial space in Mountlake Terrace is in buildings that are, on average 22,516 square feet in size.

Mountlake Terrace, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Mountlake Terrace currently add up to 79,291 square feet. The market offers 6 active office listing(s), which amount to 32,481 square feet and account for 60% of commercial spaces on the market. Local retail availability includes 33,182 square feet across 2 retail space(s). Industrial space for rent opportunities in Mountlake Terrace amount to 13,628 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	6	32,481
Retail	2	33,182
Industrial	2	13,628

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Mountlake Terrace, WA. Currently, there is 144,949 square feet of commercial property for sale here , which includes 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Industrial	1	12,686
Other	4	132,263

Mountlake Terrace, WA Commercial Real Estate for Lease and Sale

Mountlake Terrace Assemblage

Redstone Corporate Center II

Gateway Place

Redstone Corporate Center

North Star Place

MTL Building

Former Symetrix Building

24205 - 24225 56th Ave W

Mountlake Terrace - Land Assemblage

Gateway Place - 24360 Van Ry Blvd

22313 70th Avenue West

6306 215th Street SW

21327 44th Ave W

Mountlake Terrace office space for lease with great proximity to I-5 and new light rail station

Frequently Asked Questions

Mountlake Terrace, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Mountlake Terrace, WA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Mountlake Terrace, WA?

What factors affect the price of commercial real estate in Mountlake Terrace, WA?

What is the average rent for commercial space in Mountlake Terrace, WA?

What are the best areas for commercial real estate in Mountlake Terrace, WA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Mountlake Terrace, WA?

Mountlake Terrace, WA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us