Property Details
4829 196th Street SW
Lynnwood, WA 98036
$6,525,000
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Property Overview
Prime 1.5 Acre Lynnwood Commercial Property now available for the first time in 70+ years! Features 250 feet of frontage on 196th St SW, just a few blocks to Lynnwood Transit Center. City has recently upzoned 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. Short walk to Light Rail Station.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Snohomish
Neighborhood
Downtown – Lynnwood
Listed
Mar 23, 2026
Parcel Number
00501700001704
Tax & HOA
Annual Property Tax
$28,090 (2025)
Est. Monthly Tax
$2,341/mo
Financial Summary
Total Actual Rent
$19,000/mo
Building & Use
Building Sq Ft
12,504
Total Units
2
Sq Ft Rented
12,504
Zoning
Business,Commercial,Multi-Family,Office,Retail
Possible Use
Business, Commercial, Multi-Family, Office, Retail
Lot Size
1.50 acres
Year Built
1960
Exterior & Lot
Lot Size
1.50 sqft
Year Built
1960
Exterior Materials
Cement
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Cement/Concrete
Community & Access
Directions
GPS works!
Location
City
Lynnwood
County
Snohomish
Coordinates
47.82159, -122.29897
Additional Information
Tax Year
2025
Annual Taxes
$28,090
Possession
Array
