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Listed by:JSL Real Estate LLC • Josephine S. Lee
$1,250,000
Est. payment /mo
0.91 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Lynnwood
MLS Listing ID 2560569
Style 61 - Comm Bldg Ovr 10K
Year Built 1960
Annual Tax Amount $7,809
Lot Size 0.910 Acres
Property Sub-Type Commercial Industrial
Property Description
Prime 0.91 Acre Commercial & Multi-Family Development Site on Hwy 99. Unlock incredible potential along the bustling Highway 99 corridor! This 0.91Acre (39,639 sq. ft.) parcel presents a premier redevelopment opportunity in one of Snohomish County's fastest-growing area. Positioned in a highly versatile commercial and mixed-use zone, this site accommodates a wide array of permitted uses including multi-family apartment complexes, townhomes, retail centers, or medical offices. The predominant value is in the land. Future projects will benefit from massive daily traffic counts, excellent ingress/egress, and unbeatable connectivity near I-5, Swift Bus Rapid Transit, the Lynnwood Light Rail station, and major retail anchors like Costco. An existing 3,192 sq. ft. building on site (sold AS-IS) with connected utilities offers a perfect interim office while securing permits. With Lynnwood's push toward dense, transit-oriented development, this is a strategic acquisition for visionary developers.
Location
State WA
County Snohomish
Area 730 - Southwest Snohomish
Interior
Fireplace false
Exterior
Exterior Feature Brick, Wood
Roof Type Composition
Building
Water Public
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
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