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4829 196th Street SW
4829 196th Street SW
4829 196th Street SW
4829 196th Street SW
4829 196th Street SW
4829 196th Street SW
4829 196th Street SW
4829 196th Street SW
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$6,525,000

4829 196th Street SW

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.

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Location

4829 196th Street SW, Lynnwood, WA 98036

Status

For Sale
Ryan Hoff

Ryan Hoff

TITLE

Real Estate Broker

Property Amenities

Area & Lot
Lot Area 1.5 Acres
MLS® ID 2401743
School District Edmonds
Type Land
Status For Sale
Exterior
Water Source On Property
Sewer On Property
Parking Garage
Lot Features Curbs, Paved, Sidewalk
Utilities Electricity Connected, Natural Gas Available
Finance
Sales Price $6,525,000
Real Estate Tax $28,090 yearly
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Schedule a Showing

I would love to show you my beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 4829 196th Street SW, Lynnwood, WA 98036. We are reviewing your request and will be in touch shortly!

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Work With Ryan

My goal is not just to complete a sale, but to make sure my clients are well-educated throughout the process. My clients' needs come first and always making sure that they are satisfied. Providing my knowledge of market conditions and real home prices equips a seller or buyer to make their own decisions without a second thought.