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4829 196th Street Sw #17-18, 
Lynnwood, WA 98036

$6,525,000


Bed


Bath


-

Sq Ft


1.50

Acres (Lot)


Land

Active

Listed by

Gordon Majack

Ryan Hoff

Windermere Real Estate Gh LLC.

Last updated:

July 28, 2025, 12:24 AM

MLS#

2401743

Source:

NWMLS

About This Land

4829 196th Street Sw #17-18

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

1.50

MLS #:

2401743

Last Updated:

July 28, 2025, 12:24 AM


Finances & Disclosures

Finances

Price:

$6,525,000

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 4, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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