For Sale
$9,000,000

5710 196Th StLynnwood, WA 98036

High-traffic retail building, 24,010 SF

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 24,010 square foot retail property, located at 5710 196th St SW in Lynnwood, WA, is offered at $9,000,000 ($375/SF). Built in 1967, this former Big Lots building sits on a 2.07-acre lot and boasts 135 parking spaces, ensuring ample convenience for customers and employees. The property is zoned HMU (Highway Mixed Use), offering flexibility for a variety of retail or commercial uses. Its prime location near Interstate 5 provides excellent visibility and accessibility within a high-traffic area, benefiting from proximity to residential, business, and retail centers. Lynnwood's robust growth, fueled by new residential developments, infrastructure improvements including the Link Light Rail extension to SeaTac, and increased consumer demand, presents a compelling investment opportunity for those seeking to capitalize on a thriving market. The property's substantial size and versatile zoning make it an ideal canvas for value-add potential, appealing to owner-users or investors seeking a strong foothold in this dynamic community. The APN is 005653-000-003-00. This is an owner/user investment opportunity.

Highlights

  • High-visibility, high-traffic Lynnwood location near I-5, offering easy access to surrounding areas.
  • 24,010 SF former Big Lots building, ideal for retail or commercial tenants or owner-users.
  • Strong investment opportunity in rapidly growing Lynnwood, fueled by new residential construction, infrastructure upgrades (including Link Light Rail), and rising consumer demand.

Property Details for 5710 196Th St

Property type
Retail properties
Square Feet
24,010 SF
Year Built
1967
Lot Size (sq. ft)
90,169 SF

Location Insight

City
Lynnwood
County
Snohomish
State
Washington
Latitude
47.8204208
Longitude
-122.3104443
5710 196Th St, Lynnwood, Washington

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5710 196Th St
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