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20423 Highway 99
Lynnwood, WA 98036 Outlying Lynnwood-Snohomish

$5,500,000

Storefront Retail Office For Sale  •  25,476 Sq Ft

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 25,476 Sq Ft
  • Lot Size 1.23 ac
  • Building Class C
  • Year Built 1976
  • Tenancy Single
  • Zoning CG, Lynnwood
48 Transit Score
72 Walk Score

Description

FOR SALE OR FOR LEASE -- 
Rare opportunity to acquire or lease prime commercial retail building situated on two parcels, equivalent to nearly 1 1/4 acres of land. Excellent Lynnwood location in high-traffic area adjacent to Highway 99, near I-5 and close to mass transit hub. Flexible Commercial General (CG) zoning allows for endless possibilities. Expansive retail building features two massive and premier sales floors, office area, warehouse space, 3 loading docks, bathrooms, kitchen area and plenty of parking. With more than 250 ft. of frontage from Highway 99, your business will get endless attention and massive visibility. The area represents a significant economic development artery for the City of Lynnwood. With nearby businesses, schools, restaurants, shopping, hospital, etc., it is one of the busiest areas of Lynnwood and an excellent location for those desiring mass visibility through Hwy 99. This commercial real estate opportunity is listed for sale at $5,500,000 or can be leased at $16 PSF/NNN.

To schedule an exclusive showing or to learn more about this commercial retail listing, please contact:

Tyson Lin, Managing Broker 
NW Real Estate Agents | KW Greater Seattle 
(206) 755-2758 
tysonlin@kw.com 
www.nwrealestateagents.com

Highlights

Prime location and business visibility in Lynnwood, WA
Business ready building or ability to develop in Commercial General Zoning to 45 feet or 3 stories, whichever is less
Massive retail showroom space with an interior 25,476 SF

Property Flyers

Financial Summary

Total Expenses: $49,125

Major Tenants

Tenant SF Occupied Lease End Date
Ritz Furniture Gallery 27,000 SF

Amenities

  • Air Conditioning
  • Freeway Visibility
  • Pylon Sign
  • Security System
  • Signage
  • Signalized Intersection
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
Edmonds Station Commuter Rail (Sounder South Line) 10 min - 3.5 mi
AirportDriveWalkDistance
Kenmore Air Harbor Inc Airport 18 min - 7.4 mi
Seattle-Tacoma International Airport 44 min - 27.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 56
Type: Surface
Included in Rent: Yes
Tyson Lin 206-755-2758 Keller Williams Greater Seattle
Tyson Lin 206-755-2758 Keller Williams Greater Seattle