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16404 Highway 99 $1,500,000

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    16404 Highway 99 Lynnwood, WA 98037

    • 0.23 Acres
    • Commercial/Industrial
    Listing# 1497133 | Active
    Days On Market: 82 0 Views
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    Property Details

    Located at the corner of 164th and Highway 99. Property is suitable for Investment, Owner/User and/or future redevelopment of this prime corner parcel in north Lynnwood, just outside city limits. Current owner of real estate also owns Creighton Loans and Music business, but is selling. New owner of business can sign a long-term lease or business can be liquidated for an owner/user buyer. Lots of options for development on adjoining parcel.

    • General Features
      • County Snohomish
      • Approx Building SqFt 7,200
      • Approx Office SqFt 3,600
      • Approx Whse/Mfg SqFt 3,600
      • Zoning Class Commercial
      • Style 60-Comm Bldg Und 10K
      • Total Covered Parking 0
      • Total Uncovered Parking 12
      • Zoning Jurisdiction County
    • Building Features
      • Exterior Wood
      • Foundation Concrete Ribbon
      • Roof Flat
      • Features Signage Included, Storage
    • Property Features
      • Depth of Lot 0
      • Site Frontage 0
      • Environment Survey N
      • Water-Sewer-Garbage 0
      • Sewer Sewer Available
      • Energy Source Electric
      • Power Company PUD #1
      • Number of Available Pads 0
      • Lot Square Footage 10,018
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 7,200
      • Total Monthly Rent $0
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 6.67
      • Gross Scheduled Income $0
      • Gross Adjusted Income $0
      • Total Expenses $0
      • NOI $100,000
      • Electrical Expenses $0
      • Tax Expense $4,874
      • Heating Expense $0
      • Insurance Expense $0
      • Other Expenses $0
      • Tax Year 2019
      • Annual Assoc. Dues $0

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    Neighborhood

    98037 (Lynnwood) Demographics

    38Median Age
    4,922Population Density (per sq. mile)
    43%College Educated
    $62,440 Estimated Median Income
    5,847Estimated Total Home Owners
    4,479Estimated Total Renters
    57% / 43%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    28,359Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $605,000 Median Sales Price
    34 Homes Sold
    41 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,500,000
        7/27/2019 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.