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.
Listing Provided Courtesy of Gordon Majack, Windermere Real Estate GH LLC
General Information
NWM2401743
Land
6
DOM
1.5 acres
0
Busines
Snohomish
Land
Land
Listing Provided Courtesy of Gordon Majack, Windermere Real Estate GH LLC
Krishna Realty data last checked: Jul 02, 2025 19:25 | Listing last modified Jul 01, 2025 21:47,
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Residence Information
0
43 - Comm/Industrial
Features and Utilities
On Property
On Property
Financial
28090
Cash Out, Conventional
06-25-2025
Comparable Information
6
6
Cash Out, Conventional
$6,525,000
$6,525,000
Jul 01, 2025 21:47
Schools
Map
Listing courtesy of Windermere Real Estate GH LLC.
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.
