LISTING DETAILS

Master Sale Record 4829 196th Street SW

4829 - 4829 196th St SW Lynnwood WA 98036

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

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	228,000
Vacancy Factor %	0.00%
Operating Expenses	28,090
Net Operating Income	199,910
CAP Rate	3.06 %

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

Retail Asset Class Info
Crane Tonnage	0

Financial Summary
CAP Rate	3.064

Building Information
Building Status	Existing
# of Buildings	2
# of Floors	1
Total Building SF	12,504 SF
Net Rentable Area	12,504 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	65,340 SF
Acres	1.5
Year Built	1960
Year Renovated	1974

Property Type
Property Type	Retail
Office Type	Multi-Tenant
Investment	Yes

Location
County	Snohomish
Cross Street	48th Ave W
Market Area	Lynnwood
Tax ID #	00501700001704
Zoning	PCD

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

Master Sale Record 4829 196th Street SW
4829 - 4829 196th St SW Lynnwood WA 98036

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

For Sale

Master Sale Record 4829 196th Street SW

Listing Images