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JRJeff ReynoldsCompass · Seattle

Listed by Sam Savage, John L. Scott, Inc.

Commercial Industrial
Type
1940
Year built
10,019 sq ft
Lot
60
Days on market

About this property

Exceptional mixed-use investment & redevelopment opportunity in the heart of Lynnwood, this well-positioned commercial property features 3 professional office suites on lower level & a high-visibility retail storefront above, creating an attractive income-producing asset with significant future redevelopment potential for investors, developers, or owner-users looking to capitalize on one of the region’s fastest-growing urban corridors. Strategically situated in a high-traffic commercial corridor, the property benefits from exceptional street frontage, strong daily traffic counts, & prominent signage exposure, helping drive consistent visibility for businesses operating within the building. Just minutes from Lynnwood City Center Station on the expanding Link Light Rail system significantly enhances long-term value, offering direct transit connectivity to downtown Seattle, Bellevue, & Sea-Tac Airport while supporting the rapid growth of transit-oriented development thru-out the surrounding area. The property’s flexible layout supports multiple revenue streams today while offering compelling future repositioning opportunities. Existing office suites are well suited for services: medical, legal, financial, insurance, tech, consulting, real estate, or creative studio uses, while the retail storefront provides an ideal setting for boutique retail, restaurant concepts, specialty service providers & so much more! Option to lease @$9k mo, house could be incl in sale at separate price.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2523216
Listed
May 14, 2026
Days on market
60

Parking

Total spaces
12

Construction

Year built
1940
Style
60 - Comm Bldg Und 10K
Structure
Unspecified
Roof
Flat

Heating & cooling

Heating
Forced Air
Cooling
Forced Air
Energy source
Electric

Flooring

Flooring
Carpet

Lot

Lot size
10,019 sq ft

Terms

Terms offered
CashConventionalLease PurchaseOwner Will Carry

Utilities

Water
Alderwood Water
Sewer
Sewer Connected
Power
PUD

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Unspecified
  • Flat
  • Forced Air
  • Electric
  • Carpet
  • Cash
  • Conventional
  • Lease Purchase
  • Owner Will Carry
  • Sewer Connected

Listing history

  1. Listed

    $2,600,000

    May 14, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$15,140

Principal & interest
$13,147
Property tax (est.)
$1,993

Assumes $520,000 down (20%), a $2,080,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 10:15 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.