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4829 196th Street SW Lynnwood, WA 98036

$6,525,000
1.50
Acres
$6,525,000
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active
1/8
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Prime 1.5 Acre Lynnwood Commercial Property now available for the first time in 70+ years! Features 240+ feet of frontage on 196th St SW, just a few blocks to Lynnwood Transit Center. City is up zoning on 7/1/25 to PCD (Planned Commercial Development) which allows for Mixed-Use/Multi-Family Residential, including 5/2 Construction with ground-floor retail, and no height or parking restrictions. Ideally located in Lynnwood's Opportunity Zone, which offers a variety of tax benefits and eligibility for Heritage Community Development financing. Short walk to Light Rail Station. Includes income-producing option from 2 existing tenants.

Prime 1.5 Acre Lynnwood Commercial Property now available for the first time in 70+ years! Features 240+ feet of frontage on 196th St SW, just a few blocks to Lynnwood Transit Center. City is up zoning on 7/1/25 to PCD (Planned Commercial Development) which allows for Mixed-Use/Multi-Family Residential, including 5/2 Construction with ground-floor retail, and no height or parking restrictions. Ideally located in Lynnwood's Opportunity Zone, which offers a variety of tax benefits and eligibility for Heritage Community Development financing. Short walk to Light Rail Station. Includes income-producing option from 2 existing tenants.

  • Neighborhood
    Downtown - Lynnwood
  • Type
    Land And Lots
  • County
    Snohomish
  • Area
    730 - Southwest Snohomish
  • Tax Amount
    $28,090
  • Status
    Active
  • Listing #
    2401743
  • Lot Size
    1.50
  • Listed on site
    1 day

Listed by:
Windermere Real Estate GH LLC

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-07-03 04:29:26. DMCA
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Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • Has garage
  • No Pool
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