Property Details

16404 Hwy 99

Lynnwood, WA 98087

$2,600,000

Available

CBA# 712998 courtesy of CBA Listing firm: John L. Scott – Lynnwood

Schedule a Showing

Select your date preference

Request More Info

I’d like more information about 16404 Hwy 99, Lynnwood, MLS# 712998

Office / Retail

Property Type

7,200

Bldg Sq Ft

4.00%

Cap Rate

1940

Year Built

Property Overview

Exceptional mixed-use investment & redevelopment opportunity in the heart of Lynnwood, this well-positioned commercial property features 3 professional office suites on lower level & a high-visibility retail storefront above, creating an attractive income-producing asset with significant future redevelopment potential for investors, developers, or owner-users looking to capitalize on one of the region’s fastest-growing urban corridors. Strategically situated in a high-traffic commercial corridor, the property benefits from exceptional street frontage, strong daily traffic counts, & prominent signage exposure, helping drive consistent visibility for businesses operating within the building. Just minutes from Lynnwood City Center Station on the expanding Link Light Rail system significantly enhances long-term value, offering direct transit connectivity to downtown Seattle, Bellevue, & Sea-Tac Airport while supporting the rapid growth of transit-oriented development thru-out the surrounding area. The property’s flexible layout supports multiple revenue streams today while offering compelling future repositioning opportunities. Existing office suites are well suited for services: medical, legal, financial, insurance, tech, consulting, real estate, or creative studio uses, while the retail storefront provides an ideal setting for boutique retail, restaurant concepts, specialty service providers & so much more! Option to lease @$9k mo, house could be incl in sale at separate price.