4820 196th Street SW, Lynnwood, WA, 98036
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$5,500,000
21 Days On Site
4820 196th Street SWLynnwood, WA 98036
For Sale|Industrial|Active
0
Beds
0
Full Baths
0
Partial Baths
—
SqFt
—
/SqFt
—
Built
Cumulative Days On Market:
22
Subdivision:
Lynnwood
County:
Snohomish
Courtesy of NWMLS
Listing courtesy of Jack Malek of Windermere RE Greenwood
Listing courtesy of Jack Malek of Windermere RE Greenwood
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Vacant Land (0.91 Acres) on 196th St - Transit Oriented Development, Former Alfy's Pizza. Mostly level and cleared and blocks from Light Rail Station (0.3 miles). Located within Opportunity Zone allowing deferred-reduced-excluded gains taxes and eligible for Heritage Community Development Loan ($15MM). Recently upzoned to PCD (Planned Commercial Development), allowing residential mixed use. No height or parking requirements. Ideal for 5/2 podium construction with ground level retail. City to complete new zoning & design standards by May 2025. Property is priced for developer terms. Will negotiate for quicker closing.
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Listing Snapshot
Price
$5,500,000
Days On Site
21 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.91 Acres
Year Built
N/A
MLS® Number
2345442
Status
Active
Property Tax
$13,918
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
General Features
Acres
0.91
Additional Property Use
Multi-FamilyRetail
Property Sub Type
Industrial
Utilities
Electricity ConnectedNatural Gas Available
Zoning
PCD
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Exterior Features
Lot Features
Paved
Community Features
Financing Terms Available
Conventional
MLS Area
730 - Southwest Snohomish
Roads
Paved
School District
Edmonds
Schools
School District
Edmonds
Elementary School
Cedar Vly Community
Middle School
Alderwood Mid
High School
Lynnwood High
Courtesy of NWMLS
Listing courtesy of Jack Malek of Windermere RE Greenwood
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-04-08 08:03 AM PDT
Listing courtesy of Jack Malek of Windermere RE Greenwood
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-04-08 08:03 AM PDT
Neighborhood & Commute
Source: Walkscore
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