Ignite FB Tracking Pixel4820 196th Street sw, Lynnwood, WA 98036 - Anna-Lisa Schorn
Van Dorm Realty, Inc.
Anna-Lisa Schorn, Van Dorm Realty, Inc.Phone: (360) 701-9239
Email: [email protected]

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listing
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Listing Provided Courtesy of Windermere Re Greenwood
LandFor Sale
$5,500,000
4820 196th Street SW
Lynnwood, WA 98036
Listing Provided by: NWMLS
39,640Sq Ft
Est. Mortgage
$28,490/mo

Vacant Land (0.91 Acres) on 196th St - Transit Oriented Development, Former Alfy's Pizza. Mostly level and cleared and blocks from Light Rail Station (0.3 miles). Located within Opportunity Zone allowing deferred-reduced-excluded gains taxes and eligible for Heritage Community Development Loan ($15MM). Recently upzoned to PCD (Planned Commercial Development), allowing residential mixed use. No height or parking requirements. Ideal for 5/2 podium construction with ground level retail. City to complete new zoning & design standards by May 2025. Property is priced for developer terms. Will negotiate for quicker closing.

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