15906 18Th PlLynnwood, WA 98087

Property Details for 15906 18Th Pl

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 29,185 square foot commercial and residential land parcel presents a unique development opportunity in Lynnwood, Washington. Located at 15906 18th Pl W, 98087, this property boasts Urban Center zoning, offering significant flexibility for various projects. Its strategic location across from Ash Way Park and Ride and the planned future Light Rail Station ensures high visibility and accessibility. The site benefits from reduced parking requirements, streamlining the development process. Proximity to major transportation arteries, including I-5 and I-405 corridors, Paine Field Airport, Boeing, and Alderwood Mall, enhances its appeal to a wide range of potential uses. The asking price is $1,500,000. Currently utilized as a single-family rental, the property offers immediate income potential while awaiting redevelopment. The lease on the existing structure expires August 31, 2024, providing a clear timeline for future plans. This is an exceptional investment opportunity for developers, builders, and investors seeking a prime location in a thriving community. The property is situated in Snohomish County and offers significant potential for a variety of commercial and residential developments.

Location Insight

City

Lynnwood

County

Snohomish

State

Washington

Latitude

47.8541

Longitude

-122.258

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