4829 196th Street SW #17-18 Lynnwood, WA 98036

Listing office WINDERMERE REAL ESTATE GH LLC g***@remaxotl.com Show Phone

Listing date Jul 22, 2025

Source Corcoran

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Investment Insights

Based on property information with market context.

This commercial property in Lynnwood, available for the first time in over 70 years, spans 1.5 acres. It features 250 feet of frontage on 196th Street SW and is located a few blocks from the Lynnwood Transit Center. The city has recently upzoned the area to PCD (Planned Commercial Development), allowing for mixed-use and multi-family residential development, including 5/2 construction with ground-floor retail. There are no height or parking restrictions. The property is a short walk to the Light Rail Station.

Key Highlights

• Prime 1.5 acre commercial property in Lynnwood
• Boasting 250 feet of frontage on 196th St SW
• Upzoned to PCD (Planned Commercial Development) with mixed‑use/multi‑family potential

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FAQs

What type of property is this?

Commercial land - Prime 1.5-acre commercial property with mixed-use potential near transit.

Where is this commercial land located?

The property is located at 4829 196th Street SW #17-18 Lynnwood, WA.

What is the asking price?

The asking price for this property is $6,525,000.

What are key features of this property?

This property features: Prime 1.5 acre commercial property in Lynnwood; Boasting 250 feet of frontage on 196th St SW; Upzoned to PCD (Planned Commercial Development) with mixed‑use/multi‑family potential