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 upzoning 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. Walk to Light Rail Station. Includes income-producing option from existing tenants.
Listing Provided Courtesy of Gordon Majack, Windermere Real Estate GH LLC
General Information
NWM2391232
Commercial Industrial
1
DOM
1.5 acres
0
1960
Busines
Snohomish
Commercial Sale
Commercial Industrial
Listing Provided Courtesy of Gordon Majack, Windermere Real Estate GH LLC
Krishna Realty data last checked: Jun 26, 2025 11:35 | Listing last modified Jun 25, 2025 12:53,
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Residence Information
0
12504
Built-Up
61 - Comm Bldg Ovr 10K
1960
Slab
Features and Utilities
Concrete
Cement/Concrete
Public
Sewer Connected
Financial
28090
Cash Out
06-25-2025
19000
Comparable Information
1
1
Cash Out
$6,525,000
$6,525,000
Jun 25, 2025 12:53
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 upzoning 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. Walk to Light Rail Station. Includes income-producing option from existing tenants.
