WA > Lynnwood > Lynnwood
Lynnwood, WA 98036,4820 196th ST SW
Lynnwood, WA 98036,4820 196th ST SW
Lynnwood, WA 98036,4820 196th ST SW
Lynnwood, WA 98036,4820 196th ST SW
Lynnwood, WA 98036,4820 196th ST SW
Lynnwood, WA 98036,4820 196th ST SW
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RSVP Real Estate Group

RSVP Real Estate Group

+1(425) 610-7787
Listed by Windermere RE Greenwood
$ 5,500,000
Est. payment | /mo

0.91 Acres Lot

Save
$ 5,500,000
Est. payment | /mo
Save

0.91 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Lynnwood

MLS Listing ID 2345442

Style 43 - Comm/Industrial

Annual Tax Amount $13,918

Lot Size 0.910 Acres

Lot Dimensions 293x139

Property Sub-Type Land

Property Description

Vacant Land (0.91 Acres) on 196th St - Transit Oriented Development, Former Alfy's Pizza. Mostly level and cleared and blocks from Light Rail Station (0.3 miles). Located within Opportunity Zone allowing deferred-reduced-excluded gains taxes and eligible for Heritage Community Development Loan ($15MM). Recently upzoned to PCD (Planned Commercial Development), allowing residential mixed use. No height or parking requirements. Ideal for 5/2 podium construction with ground level retail. City to complete new zoning & design standards by May 2025. Property is priced for developer terms. Will negotiate for quicker closing.

Location

State WA

County Snohomish

Area 730 - Southwest Snohomish

Interior

Fireplace false

Exterior

Utilities Available Electricity Connected, Natural Gas Available

View Y/N No

Building

Lot Description Paved, Sidewalk

Sewer On Property

Water On Property

Schools

Elementary Schools Cedar Vly Community

Middle Schools Alderwood Mid

High Schools Lynnwood High

School District Edmonds

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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agent

RSVP Real Estate Group

+1(425) 610-7787

Real Estate Firm | License ID: 17634

Real Estate Firm License ID: 17634

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