For Sale
$6,300,000

3930 196Th StLynnwood, WA 98036

Vacant Storefront, High Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 23,950-square-foot storefront property, located at 3930 196th St SW in Lynnwood, Washington, 98036, presents a unique investment opportunity. Currently vacant, this two-story building, constructed in 1974, offers a flexible layout ideal for a variety of uses. The main floor features a spacious, open retail showroom area, perfect for showcasing products or creating a dynamic customer experience. An upper-level mezzanine, accessible via multiple stairwells and a hydraulic freight escalator, provides additional space, potentially for offices, storage, or expanded retail display. The mezzanine boasts a full ceiling height, maximizing usable area. The property's zoning allows for building heights up to 350 inches and floor area ratios (FARs) up to 10.0, suggesting significant potential for future high-density redevelopment. This presents a compelling opportunity for long-term growth and value appreciation. The seller will require a short-term leaseback post-closing. The asking price is $6,300,000. This prime Lynnwood location offers excellent visibility and accessibility, making it an attractive proposition for both established businesses and forward-thinking developers. Don't miss this chance to acquire a substantial property with immense potential in a thriving Washington market.

Highlights

  • 23,950 SF vacant storefront in Lynnwood, WA.
  • Two-story building, built in 1974, with flexible layout.
  • Main floor features open retail space; upper mezzanine offers additional space.
  • Zoning allows for up to 350" building height and 10.0 FAR.
  • Asking price: $6,300,000; seller requires short-term leaseback.

Property Details for 3930 196Th St

Property type
Retail properties, Retail space
Square Feet
23,950 SF
Year Built
1974
Stories
2

Location Insight

City
Lynnwood
County
Snohomish
State
Washington
Latitude
47.8204956
Longitude
-122.2864622
3930 196Th St, Lynnwood, Washington

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3930 196Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message