Lake Stevens is growing faster and faster every day. I can’t tell you how many times I travel up and down Highway nine only to see new development, new businesses, storage facilities, or any other new construction.
Lake Stevens is named for the lake that it surrounds located just 8 miles east of Everett and borders the city of Marysville and Snohomish. It’s been one of the fastest growing cities in Snohomish County and was originally centered at the northeast corner of the lake but has since annexed the areas around the lake and developed into a suburban commuter town with a population of over 35,000.
Lake Stevens has hundreds of pockets of new construction, especially homes in developments close to Marysville and Snohomish. It stretching out in all directions except for across Highway two. It makes an easy commute route to Everett and Interstate 5 so it’s an extremely popular place for businesses and residents alike.
Because Lake Stevens is growing so fast there are a variety of commercial opportunities but also, city taxes, permits, and the land is increasing in price dramatically. Many residential areas are turning into commercial properties and several apartment buildings are turning into condominiums. Approximately 67% of Lake Stevens homes are owned and about 26% are rented while just under 7% is currently vacant. Most real estate listings include condominiums, townhouses, dozens of duplexes and single-family properties.
One of the nice things about Lake Stevens is its diverse location. You have the main street down by Jay’s market and the fabulous Francisco’s Kitchen, and then you have those by Frontier Village including the new T.J. Maxx, Ulta beauty, shops, restaurants, and several grocery stores. You also have a commercial hub down by Tom Some and Burger King on the east end of 20th St. and Trestle Station, also on 20th closer to the trestle. Because there are so many different areas you can really find the commercial property that you’re looking for a pretty decent price.
For more information on Lake Stevens commercial real estate, current properties for sale or business opportunities see available listings below or simply contact my office for more specifics or for a customized list of properties that meet your search criteria and budget.