5116 196th St SW
Lynnwood WA 98036

5116 196th Street SW

5116 196th St SW Lynnwood WA 98036

Listing #: 694666 | Status: Pending | Last Modified: 11/26/2025 |

For Sale
Blake Stedman
  • Phone:(425) 586-5621
  • Email:bstedman@nai-psp.com
  • Office Name:NAI Puget Sound Properties
  • Office Phone:(253) 383-3100
  • Office Website:
Richard Zhou
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 3,200,000.0
  • $/SF$ 171.4
  • Listing StatusPending
  • Days on Market255
  • Asset ClassRetail, Office
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 6.88 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units
  • # of Elevators0
  • Clearance Height Min0
  • Clearance Height Max
  • Bay Depth
  • Total Building SF18670
  • Net Rentable Area10199
  • Total Office SF21584
  • Largest Contiguous SF
  • Lot SF42303
  • Acres0.97
Property Type
  • Property TypeOffice
  • Office TypeOther
  • Building ClassB
Location
  • CountySnohomish
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaLynnwood
  • Tax ID #00608400100102
  • Additional Parcels00608400100103, 00608400100207
  • ZoningGeneral Commercial
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces0
  • Total Parking Spots0
  • Parking Ratio0
Construction
  • Year Built1968
  • Year Renovated1997
  • Completion Date
  • Roof Type
  • SprinklersYes
  • Construction Type

Irreplaceable Location!

Public Comments

Situated between Highway 99 and I-5 off 196th Street SW Excellent visibility and proximity to Lynnwood Light Rail Tenants in place with low vacancy Value-add opportunity at below-market rates 3 per 1,000 parking ratio 10 units

Listing Images