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Lynnwood Commercial Property For Sale
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4829-4829 196th St SW, Lynnwood, WA

1.5 acre commercial property with future development potential.

Property SizeContact for details
Lot Size1.50 Acres
Days on Market273

Property Features for 4829-4829 196th St SW

General Information

Standard status Active
Lot size 1.50 Acres
Property subtype RETAIL
Listing Agency: Windermere G.H., Inc.
Listed By: Adam Cobb · License #100973
Source: Moodyscre
Added: Nov 24, 2025 Changed: Aug 8 Last Checked: Aug 23 at 11:28AM

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 G.H., Inc.

Investment Insights

Based on property information with market context.

This commercial property in Lynnwood offers 1.5 acres of land. It features over 240 feet of frontage on 196th Street SW, and is located a few blocks from the Lynnwood Transit Center. According to provided data, the city is upzoning the area 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. The property is located in Lynnwood's Opportunity Zone, potentially offering tax benefits and eligibility for Heritage Community Development financing. The location is within walking distance of the Light Rail Station. The property includes an income-producing option from existing tenants.

Key Highlights

  • Prime 1.5 acre commercial property with 240+ feet of frontage on 196th St SW.
  • Upzoning to PCD (Planned Commercial Development) on 7/1/25 allowing Mixed‑Use/Multi‑Family Residential.
  • No height or parking restrictions** under PCD zoning.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Clothing & Fashion Store Wine and Liquor Store Barber Shop Restaurant

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

1,456
Businesses Nearby
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.5 acre commercial property with future development potential.
Where is this commercial land located?
The property is located at 4829-4829 196th St SW 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 with **240+ feet of frontage on 196th St SW.**; Upzoning to PCD (Planned Commercial Development) on 7/1/25 allowing Mixed‑Use/Multi‑Family Residential.; No height or parking restrictions** under PCD zoning.
(206) 854-9454 Call to check price and availability
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