4815-4829 196th St SW - Auto Dealership FOR SALE


Lynnwood, WA 98036- Outlying Lynnwood-Snohomish
$6,525,000 USD
206-854-9454
4815-4829 196th St SW, Lynnwood, WA for Sale
$6,525,000 USD
Auto Dealership - FOR SALE
1/6
null | 3.06% Cap Rate

4815-4829 196th St SW
Lynnwood, WA 98036
Outlying Lynnwood-Snohomish


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$6,525,000 USD

PRICE/SF

$541 USD /SF

CAP RATE

3.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime 1.5 Acre Lynnwood Commercial Property

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Auto Repair, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

B1, Lynnwood

APN/PARCEL ID

005017-000-017-04

ASK ABOUT THIS PROPERTY

Adam CobbWindermere Real EstateMore Info
206-854-9454

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Adam CobbWindermere Real EstateMore Info
206-854-9454

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.