16620 Ash WayLynnwood, WA 98037

For Sale
$4,400,000

High-Density Development Opportunity near I-5

Overview

Added:
Feb 3
Days on market:
39
This exceptional 0-acre commercial property, located at 16620 Ash Way in Lynnwood, WA, presents a remarkable investment opportunity for developers and builders. Situated directly off I-5 Freeway and 164th St, this site boasts an Urban Center (UC) zoning designation, permitting a diverse range of uses and building heights up to 90 feet (approximately 9 stories). The property's proximity to the new Lynnwood Rail Station offers the potential for an additional 35 feet of height (approximately 3 stories), subject to applicable regulations. This prime location allows for the development of multi-family residential, retail spaces, office buildings, civic structures, medical facilities, and numerous other possibilities. The strategic positioning near major transportation arteries ensures excellent accessibility and visibility, making this a highly desirable location for a variety of commercial ventures. The $4,400,000 asking price reflects the significant development potential inherent in this exceptional property. This is a rare chance to acquire a substantial parcel in a rapidly growing area with exceptional zoning allowances and transit-oriented development potential. Don't miss this opportunity to shape the future of Lynnwood.

Property Details for 16620 Ash Way

Property type
Other commercial real estate
Year Built
1973

Location Insight

City
Lynnwood
County
Snohomish
State
Washington
Latitude
47.84791
Longitude
-122.2626
16620 Ash Way, Lynnwood, Washington

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16620 Ash Way
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