20423 Highway 99 $5,500,000

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    20423 Highway 99 Lynnwood, WA 98036

    • 1.23 Acres
    • Commercial/Industrial
    Listing# 1428142 | Active
    Days On Market: 140 3 Views
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    Property Details

    Rare opportunity to acquire or lease an expansive commercial retail building (25,471 SF) situated on 2 parcels, equivalent to nearly 1 1/4 acres of land. Excellent Lynnwood location in high-traffic area adjacent to Hwy 99, near I-5 & close to mass transit hub. Flexible Commercial General (CG) zoning allows for endless possibilities. Prime retail building features 2 massive sales floors, office, warehouse/storage, 3 loading docks, 50+ parking stalls, Hwy 99 frontage showcases mass visibility.

    • General Features
      • County Snohomish
      • Zoning Class Business, Commercial, Retail
      • Zoning Jurisdiction City
      • Style 75-Retail
      • Approx Building SqFt 25,476
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 25,476
      • Total Uncovered Parking 56
      • Total Covered Parking 0
    • Building Features
      • Exterior Wood, Wood Products
      • Foundation Slab
      • Roof Flat
      • Floor Covering Concrete, Wall-to-Wall Carpet
      • Features Signage Included, Sprinklered, Storage
      • Heating and Cooling Forced Air
      • Loading 1-3 Bays
    • Property Features
      • Lot Square Footage 53,579
      • Depth of Lot 0
      • Site Frontage 255
      • Expansion Area N
      • Environment Survey N
      • Water-Sewer-Garbage 0
      • Sewer Sewer Available
      • Energy Source Natural Gas
      • Number of Available Pads 56
      • Pad Ready Y
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 0
      • Total Monthly Rent $0
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0
      • Gross Scheduled Income $0
      • Gross Adjusted Income $0
      • Total Expenses $0
      • NOI $0
      • Electrical Expenses $0
      • Tax Expense $15,265
      • Heating Expense $0
      • Insurance Expense $0
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2018

    Contact

    Gabe Berhe

    Broker

    Lynnwood Office

    Cell: 425-478-4615

    Neighborhood

    98036 (Lynnwood) Demographics

    38Median Age
    3,982Population Density (per sq. mile)
    45%College Educated
    $68,750 Estimated Median Income
    9,035Estimated Total Home Owners
    5,180Estimated Total Renters
    64% / 36%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    38,536Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $530,000 Median Sales Price
    45 Homes Sold
    47 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $5,500,000
        4/1/2019 11:01:00 AM New in Database Source

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        This property search is part of the Berkshire Hathaway HomeServices Northwest Real Estate website. Listing information is courtesy of the WA-NWMLS and Berkshire Hathaway HomeServices Northwest Real Estate. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.