4829 196th Street SW

Lynnwood, WA 98036

  • Bed

  • Bath

  • 0 SqFt

  • 6 DOM

  • Built:

  • Status: Active

$6,525,000

X

4829 196th Street SW

Lynnwood 98036

$6525000

  • Bed

  • Bath

  • 0 SqFt

  • 6 DOM

  • Built:

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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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Residence Information

  • 0

  • 43 - Comm/Industrial

Features and Utilities

  • On Property

  • On Property

Financial

  • 28090

  • Cash Out, Conventional

  • 06-25-2025

Comparable Information

  • 6

  • 6

  • Cash Out, Conventional

  • $6,525,000

  • $6,525,000

  • Jul 01, 2025 21:47

Schools

Map

Listing courtesy of Windermere Real Estate GH LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jul 02, 2025 16:00 | Listing last modified Jul 01, 2025 21:47. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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