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JRJeff ReynoldsCompass · Seattle

Listed by Josephine S. Lee, JSL Real Estate LLC

Commercial Industrial
Type
1960
Year built
39,640 sq ft
Lot
90
Days on market

About this property

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.

Location & commute

Add a destination, like work or the gym, for directions and drive time.

Directions

Jeff's Neighborhood Guide

Get to know the Southwest Snohomish area

Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.

Property details

Listing details

Listing number
#2560569
Listed
August 14, 2026
Days on market
90

Construction

Year built
1960
Style
61 - Comm Bldg Ovr 10K
Structure
Unspecified
Roof
Composition

Heating & cooling

Energy source
Electric

Lot

Lot size
39,640 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Public

Listing history

  1. Listed

    $1,250,000

    August 14, 2026

Derived from current MLS listing fields.

Payment estimate

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

Est. monthly

$7,279

Principal & interest
$6,321
Property tax (est.)
$958

Assumes $250,000 down (20%), a $1,000,000 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 November 12, 2026 at 9:50 PM PST. 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.

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