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Mukilteo Speedway Flex Opportunity
For Sale
$675,000
Pending

12223 Mukilteo Speedway, Lynnwood, WA 98087

Versatile 1,050 SF building suitable for industrial, office, or retail.

Property Size1,050 SF
Days on Market193

Property Features for 12223 Mukilteo Speedway

General Information

Standard status Pending
Size 1,050 SF
Property subtype Commercial

Building Details

Year Built 1957
Listing Agency: WINDERMERE COMMERCIAL/NW
Listed By: BRANDON OLSON
Source: Corcoran
Added: Feb 27 Changed: Aug 15 Last Checked: Aug 14 at 6:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WINDERMERE COMMERCIAL/NW

Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire a well-maintained 1,050 SF building suitable for light-industrial, office, or retail use, located on Mukilteo Speedway. The vacant building is move-in ready or can be easily converted to office space. It features a 364 SF garage, ideal for storage or light warehouse use, and ample on-site parking. Mature trees provide privacy. The property is located in Snohomish County, and the zoning allows for flexible uses such as auto repair, towing yard, car lot, clubhouse, data center, fuel yard, manufacturing, marijuana processing/growing, service station, day care, warehouse, restaurant, storage yard, and parking lot. Note that the fencing is set back from the property line due to slope on the north and west sides.

Key Highlights

  • Rare light‑industrial/office/retail opportunity on Mukilteo Speedway.
  • Move‑in ready, well‑maintained 1,050 SF building, easily converted to office.
  • Includes a 364 SF garage ideal for storage or light warehouse use.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

944
Businesses Nearby
Balanced
Demand for This Use

Demographics for 98087, WA

40,711
Population
16,625
Households
2.4
Avg Household Size
35
Median Age
39%
College-Educated
91%
High-School Grad
5.7 sq mi
ZIP Area
7,142
Density / Sq Mi
$106,541
Median Household Income
$56,592
Median Earnings
$2,010
Median Rent
$633,200
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile 1,050 SF building suitable for industrial, office, or retail.
Where is this flex space located?
The property is located at 12223 Mukilteo Speedway Lynnwood, WA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Rare light‑industrial/office/retail opportunity on Mukilteo Speedway.; Move‑in ready, well‑maintained 1,050 SF building, easily converted to office.; Includes a 364 SF garage ideal for storage or light warehouse use.
More about this property
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