6812 196th St SW

Description:

6812 196th St SW presents an opportunity to acquire a multi-tenant neighborhood retail property positioned along a highly visible commercial corridor in Lynnwood, Washington. The asset benefits from direct exposure on 196th Street SW, a major east-west arterial serving local residents and regional traffic throughout South Snohomish County. Its location provides convenient access to Interstate 5 and surrounding retail, residential, and employment centers, supporting continued customer activity and tenant visibility.
The property is occupied by a mix of established local businesses, including a long-term flooring tenant, a restaurant operator, and a mini mart, creating a diversified tenancy profile. Dedicated tenant pylon signage and prominent building signage enhance visibility from the roadway, while approximately 25 parking stalls support customer access. Traffic counts reported in the offering materials exceed 20,000 vehicles per day along the corridor, reinforcing the property's exposure to passing motorists.
The ownership has recently completed environmental cleanup activities associated with a former dry-cleaning operation. According to the offering materials, the Washington Department of Ecology provided a positive determination regarding the remediation work, and no further cleanup action has been ranked at the site. Supporting environmental documentation is available.
The asset is located within a well-established commercial district near regional retailers, services, and residential neighborhoods. Lynnwood continues to serve as a major retail and service hub for Snohomish County, benefiting from its proximity to Seattle, Edmonds, Mountlake Terrace, and regional transportation infrastructure. Seller financing of up to $1 million is noted in the offering materials, providing additional flexibility for qualified purchasers.

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Listing ID: caf42a62-996d-4c6d-9edc-b30ad65f7fd5

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