Listing provided courtesy of Northwest MLS; Windermere Real Estate GH LLC

Price $6,525,000
Status Active
Size n/a
Lot Size 1.50 ac
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.
Property Type(s): Commercial
Last Updated 6/25/2025 Tract Downtown - Lynnwood
Year Built 1960 Community Downtown - Lynnwood
County Snohomish

Additional Details

AREA 730 - Southwest Snohomish
CONSTRUCTION Concrete
HEAT Electric, Forced Air, Natural Gas
INTERIOR Concrete
LOT 1.5 acre(s)
LOT DESCRIPTION Level
MLS STATUS Active
STYLE 61 - Comm Bldg Ovr 10K
SUBDIVISION Downtown - Lynnwood
TAXES 28090
UTILITIES Sewer Connected
WATER Public
ZONING Business,Commercial,Multi-Family,Office,Retail

Location

 

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/26/25 12:03 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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