4820 196th Street SW, Lynnwood, WA 98036 (MLS # 2345442)
Twitter
Facebook
Email|
Listing provided courtesy of Northwest MLS; 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.
| LAST UPDATED | 3/17/2025 | TRACT | Lynnwood |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Lynnwood |
| COUNTY | Snohomish | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| Elementary School | Cedar Vly Community |
|---|---|
| Jr. High School | Alderwood Mid |
| High School | Lynnwood High |
| ADDITIONAL DETAILS | |
| AREA | 730 - Southwest Snohomish |
|---|---|
| HEAT | None |
| LOT | 0.91 acre(s) |
| LOT DESCRIPTION | Paved, Sidewalk |
| LOT DIMENSIONS | 293x139 |
| MLS STATUS | Active |
| STYLE | 43 - Comm/Industrial |
| SUBDIVISION | Lynnwood |
| TAXES | 13918 |
| UTILITIES | Electricity Connected, Natural Gas Available |
| ZONING | Multi-Family,Office,Retail |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 7/1/25 8:27 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
DMCA Notice
This IDX solution is (c) Diverse Solutions 2025.