PROPERTIES FOR SALE

4829 196th Street SW Lynnwood, WA 98036

NWMLS Courtesy of Windermere Real Estate GH LLC
4829 196th Street SW
Lynnwood, WA 98036
$6,525,000
Land
0 Beds
0.00 Baths
0 SqFt
Active
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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.

Property Features

Community: Downtown - Lynnwood
Comm/Industrial
Pool: Above Ground
2025 Taxes: $28090.00
Buyer Broker Compensation: 2%
Listing #: 2401743

Lot Details

Lot Size: 1.50 acres
Curbs
Paved
Sidewalk
Topography: Level
Road Sides: South
Road: Paved

Utilities

Electricity: On Property
Water: On Property
Gas: On Property
Sewer: On Property

Schools

District: Edmonds
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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