4829 - 4829 196th St SW
Lynnwood WA 98036

Master Sale Record 4829 196th Street SW

4829 - 4829 196th St SW Lynnwood WA 98036

Listing #: 710490 | Status: Available | Last Modified: 3/23/2026 |

For Sale
Adam Cobb
  • Phone:(206) 854-9454
  • Email:adamcobb@windermere.com
  • Office Name:Windermere G.H., Inc.
  • Office Phone:(425) 672-1118
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 6,525,000.0
  • $/SF$ 521.8
  • $/Unit$ 6,525,000.0
  • Listing StatusAvailable
  • Days on Market41
  • Asset ClassRetail, Office, Multi-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income228,000
  • Vacancy Factor %0.00%
  • Operating Expenses28,090
  • Net Operating Income199,910
  • CAP Rate 3.06 %
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
Financial Summary
  • CAP Rate 3.06 %
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings2
  • # of Floors1
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF12504
  • Net Rentable Area12504
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF65340
  • Acres1.5
Property Type
  • Property TypeRetail
  • Office TypeMulti-Tenant
  • InvestmentYes
  • Building Class
Location
  • CountySnohomish
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street48th Ave W
  • Market AreaLynnwood
  • Tax ID #00501700001704
  • Additional Parcels
  • ZoningPCD
Construction
  • Year Built1960
  • Year Renovated1974
  • Completion Date
  • Roof Type
  • Construction Type

Prime 1.5 Acre Lynnwood Commercial Property

Public Comments

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.

Public Building Comments

Multi-parcel sale: #27041600400400, #27041600400500, #00501700001803 and #00501700001704. MH 01/12/05

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