Lynnwood, WA 98036,4829 196th ST SW
Lynnwood, WA 98036,4829 196th ST SW
Lynnwood, WA 98036,4829 196th ST SW
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Listed by Windermere Real Estate GH LLC
$6,525,000
Est. payment /mo
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1.5 Acres Lot
New

4829 196th ST SW Lynnwood, WA 98036

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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Downtown - Lynnwood

MLS Listing ID 2401743

Style 43 - Comm/Industrial

Annual Tax Amount $28,090

Lot Size 1.500 Acres

Property Sub-Type Land

Property Description

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.

Location

State WA

County Snohomish

Area 730 - Southwest Snohomish

Interior

Fireplace false

Exterior

Utilities Available Electricity Connected, Natural Gas Available

View Y/N No

Garage Yes

Building

Lot Description Curbs, Paved, Sidewalk

Sewer On Property

Water On Property

Schools

School District Edmonds

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional


Northwest MLS (NWMLS)

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4829 196th ST SW