16620 Ash Way, Lynnwood, WA 98087

Building Details

Year Built

1973

Listing agent MELISSA JOHNSON

Listing office KW COMMERCIAL GSWA MCI LLC m***@kwcommercial.com Show Phone

Listing date Aug 13, 2024

Source Corcoran

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 KW COMMERCIAL GSWA MCI LLC

Report an issue

---

Overview

This 8,040 square foot commercial land parcel is located off I-5 Freeway and 164th St in Lynnwood. It is zoned Urban Center (UC), which allows for a variety of uses, including multi-family, retail, office, civic, and medical. The zoning permits building heights up to 90 feet, or approximately nine stories. An additional 35 feet in height, or approximately three stories, may be allowed due to the property's location within 1/8 mile of a transit center, specifically the new Rail Station. This property is suitable for developers and builders looking for a new location in Lynnwood.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

• Map
• Local Demand

City

Lynnwood

County

Snohomish

State

Washington

Longitude

-122.263

Latitude

47.8475

Nearby Similar for Sale

• 

  $2,500,000

  10,614 SF

  Adaptable Commercial Property Near I-5

  10,614 SF commercial property suitable for various business purposes.

  19420 21st Ave W Lynnwood, WA 98036

  View Details
• 

  $3,000,000

  15,976 SF

  Lynnwood Value-Add Opportunity

  15,976 SF building near Lynnwood Light Rail Station.

  4720 200th St SW, Lynnwood, WA 98036

  View Details
• 

  $1,950,000

  4,904 SF

  Lynnwood Office Building Near Mall

  Office building in a business district near Alderwood Mall.

  18927 33rd Ave W, Lynnwood, WA 98036

  View Details
• 

  $1,900,000

  6,466 SF

  Lynnwood Office Building For Sale

  Fully leased office building in Lynnwood with recent renovations.

  19910 50th Ave W, Lynnwood, WA 98036

  View Details
• 

  $699,000

  1,050 SF

  Mukilteo Speedway Flex Opportunity

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

  12223 Mukilteo Speedway, Lynnwood, WA 98087

  View Details
• 

  $2,295,000

  8,400 SF

  Lynnwood Retail Center For Sale

  Three-tenant retail center with high visibility and traffic.

  6812 196th St SW, Lynnwood, WA 98036

  View Details
• 

  $6,525,000

  Lynnwood Commercial Property For Sale

  1.5 acre commercial property with future development potential.

  4815-4829 196th St SW, Lynnwood, WA

  View Details
• 

  $950,000

  1,152 SF

  Unique Lynnwood Property For Sale

  1941 building on 0.46 acres with massive parking.

  21223 67th Avenue W, Lynnwood, WA 98036

  View Details
• 

  $2,600,000

  Mixed-Use Investment Redevelopment Opportunity

  High-visibility commercial property with income and redevelopment potential.

  1604 Highway 99, Lynnwood, WA 98037

  View Details
• 

  $6,516,000

  Freestanding Restaurant Pad Near Mall

  Freestanding, remodeled restaurant pad with a 15-year lease.

  3321 184th St SW, Lynnwood, WA 98037

  View Details
• 

  $2,125,000

  7,380 SF

  Lynnwood Office Building For Sale

  Two-story office building in Lynnwood, WA, with recent upgrades.

  21300 68th Ave W, Lynnwood, Lynnwood, WA 98036

  View Details
• 

  $4,100,000

  28,738 SF

  Lynnwood Industrial Buildings For Sale

  Two industrial buildings totaling 28,738 SF on 1.54 acres.

  20215-20217 Cedar Valley Rd, Lynnwood, WA

  View Details

FAQs

What type of property is this?

Commercial land - Development land near I-5 and future Lynnwood Rail Station.

Where is this commercial land located?

The property is located at 16620 Ash Way Lynnwood, WA.

What is the asking price?

The asking price for this property is $4,400,000.

What are key features of this property?

This property features: Zoned Urban Center (UC) allowing for diverse uses: Multi‑Family, Retail, Office, Civic, Medical, and more.; Potential for **high‑density development: up to 90' in height (~9 Stories) allowed.**; Additional height allowance: potentially up to 125' (~12 Stories) within 1/8 mile of the new Rail Station.