4829 196th ST SW Active Save Request In-Person Tour Request Virtual Tour
Lynnwood,WA 98036
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
Exterior
Utilities Available Electricity Connected,Natural Gas Available
View Y/N No
Building
Lot Description Curbs,Paved,Sidewalk
Sewer On Property
Water On Property
Schools
School District Edmonds
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional