18929 Highway 99, Lynnwood, WA 98036

$1,250,000

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Listing courtesy of JSL Real Estate LLC.

List Price
$1,250,000
Status
ACTIVE
MLS#
2560569
Days on Market
0
Annual Tax Ammount
7809

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.

Additional Information

Community
Lynnwood
Building Condition
Average
Style
61 - Comm Bldg Ovr 10K
Year Built
1960
Roof
Composition
Tax Year
2026
Potential Terms
Cash
Driving Directions
From I-5, take Exit 181. Head W on 196th St SW for approx. 1.5 miles. Turn R onto Hwy 99. Continue N for about 0.4 miles. The property will be on your right, just before the 188th St SW intersection.
Energy Source
Electric
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