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6812-6820 196Th St SW Lynnwood, WA 98036

For Sale
$2,295,000

Three-tenant retail center with high visibility and traffic.

Property size:
8,400 SF
Lot size:
0.60 Acres

Property Features for 6812-6820 196Th St SW

General Information

Size
8,400 SF
Lot size
0.60 Acres

Source: Coldwell Banker Commercial Danforth Agent Gretchen Hamm

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Lynnwood Retail Center For Sale

This is a rare opportunity to own a three-tenant retail center offering excellent visibility and high traffic flow along a major arterial route connecting Lynnwood and Edmonds. The property features a timeless design with 13-foot ceilings and open interior spaces. Each tenant benefits from prominent pylon signage. This property represents a turnkey investment opportunity and has redevelopment potential up to 50 feet high. The property has an existing 7.2% cap rate that factors in clean-up costs. This is an exceptional value-add opportunity for cash-only investors, developers, or owner-users. Phase 2 environmental reports are available, along with bids for environmental cleanup. The property is located at 6812-6820 196th St SW, Lynnwood, WA. The property size is 8,400 square feet.
Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Lynnwood Crossroads, Vaughan Village Center, 76th Street Plaza, Lynnwood Center, Coinstar Kiosk | Bitcoin ATM

Location Insight

  • Map
  • Local Demand
City
Lynnwood
County
Snohomish
State
Washington
Longitude
-122.325326
Latitude
47.821294

FAQs

What type of property is this?
Shopping center - Three-tenant retail center with high visibility and traffic.
Where is this shopping center located?
The property is located at 6812-6820 196Th St SW Lynnwood, WA.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: - High traffic location on major arterial between Lynnwood and Edmonds provides excellent visibility.; - 7.2% cap rate presents a strong investment opportunity.; - Redevelopment potential up to 50' high offers future development possibilities.
More about this property
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