14523 Hwy 99
Lynnwood, WA 98087
Office Property For Sale
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
6,052 SF
Building Class
B
Year Built
1947
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,598 SF
Slab To Slab
10’
Building FAR
0.24
Lot Size
0.58 AC
Zoning
GC, Snohomish County
Parking
16 Spaces (2.22 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
ABOUT 14523 HWY 99 , LYNNWOOD, WA 98087
So many possibilities for this space! There are two tax parcels involved in this sale. One has a coffee stand, leased until 2021 and bringing in good income. The other parcel has a building originally constructed in 1947 as apartments with a retail storefront. Many of the apartment units are still in good condition and could be converted to private offices. The current owner currently rents out a portion of the building and uses a larger than necessary space for the owner's retail shop. Building is very solid and well maintained. An easy remodel would bring in substantially more income, or take advantage of the .582 acres on busy Highway 99 and redevelop as desired. Tax assessed at $973,500 for 2018!
PROPERTY TAXES
| Parcel Number | 003733-011-012-01 | Improvements Assessment | $815,300 |
| Land Assessment | $555,900 | Total Assessment | $1,371,200 |
