$5,500,000

4820 196th Street SW, Lynnwood, WA 98036

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.91acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

This listing courtesy of Jack Malek, Windermere RE Greenwood

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.

Listing Status:
Active
Listing Office:
Windermere RE Greenwood : 206-527-5250
Listing Agent:
Jack Malek : 206-527-5250
MLS ID:
2345442
  • A/C: None
  • Heating: None
  • Fireplace: Fireplaces: 0

This listing courtesy of Jack Malek, Windermere RE Greenwood

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Early Childhood Center

19400 56th Ave W, Lynnwood, WA, 98036

Grades PK-KG

0.48 miles away

C

Contracted Schools

20420 68th Ave W, Lynnwood, WA, 98036

Grades PK-12

1.36 miles away

C

Contracted Schools

20420 68th Ave W, Lynnwood, WA, 98036

Grades PK-12

1.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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