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6812 - 6820 196th Street SW
6812 - 6820 196th St SW Lynnwood WA 98036
Listing #: 704086 | Status: Available | Last Modified: 11/24/2025
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 219,739 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 56,700 |
| Net Operating Income | 163,039 |
| CAP Rate | 7.20 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Anchor | Nielson Brothers,Aikido Heiwa-Martial Arts,Dry Cl |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 1 |
| # of Units | 3 |
| Total Building SF | 8,400 SF |
| Net Rentable Area | 8,400 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 26,136 SF |
| Acres | 0.6 |
| Year Built | 1962 |
| Construction Type | Concrete |
| Property Type | |
|---|---|
| Property Type | Retail |
| Office Type | Multi-Tenant |
| Location | |
|---|---|
| County | Snohomish |
| Vicinity | Edmonds Community College |
| Cross Street | 68th Ave W |
| Market Area | Edmonds |
| Tax ID # | 27042000200800 |
| Zoning | CDM |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 20 |
| Total Parking Spots | 20 |
| Parking Ratio | 2.4/1000 sq ft |
Retail Center for Sale, High Traffic location
Rare opportunity to own 3-tenant center with excellent visibility and high traffic along major arterial from Lynnwood to Edmonds. Timeless design, 13' ceilings, open interiors. Successful tenants each have their own prominent pylon signs, Turnkey investment or redevelop to 50' high. 7.2% cap rate factors in clean-up costs. Exceptional value-add opportunity for cash only investors, developers, or owner-users. Seller Financing available up to $1 Million. Phase 2 report available plus bids for environmental clean-up
Stand-Alone, Street Retail
6812 - 6820 196th Street SW
6812 - 6820 196th St SW Lynnwood WA 98036
Listing #: 704086 | Status: Available | Listing Date: 10/20/2025 | Last Modified: 11/24/2025 | Email Listing
For Sale
6812 - 6820 196th Street SW
