Property summary
This exceptional 17,832 square foot Class B office building, situated on a 0.71-acre lot in Snohomish County, presents a compelling investment opportunity. Built in 1969 and renovated in 2005, the single-story structure boasts a timeless brick exterior and offers multiple tenancy options. The property features 48 parking spaces, providing ample convenience for tenants and visitors. Its strategic location across from the new Lynnwood Crossroads shopping center offers unparalleled access to a variety of amenities, including Starbucks, LA Fitness, and numerous restaurants. The building also benefits from its proximity to the Swift Rapid Transit station on Highway 99, ensuring easy commutes for employees. The secure entry system prioritizes tenant safety and peace of mind. Currently, there are six available office spaces ranging from 519 to 5,271 square feet, with flexible lease terms available. The building is locally owned and managed, ensuring responsive and personalized service. The zoning is B-1, and the APN is 27042000103600. This property represents a rare blend of classic charm and modern convenience, making it an ideal choice for businesses seeking a well-maintained and strategically located office space in a thriving community. The minimum and maximum rent per square foot is $23.00.
Property profile
VerifiedCap rate & NOI
Current use
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Employment Agency
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Crisis Center Medical Clinic
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Physician Medical Clinic
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Marketing & Advertising
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Social Service Agency Charitable Organization
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
42 · Lynnwood, WAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 42 in Lynnwood, WA.
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Find the owner behind the property.
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