20102 Cedar Valley Rd | Lynnwood, WA 98036
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20102 Cedar Valley Rd
Lynnwood, WA 98036
Office Property For Sale
Investment Highlights
- Lake View Office Building
- Great Owner Use Oppotunities
- Great Location - near new Lynnwood Light Rail Station
Executive Summary
Rare Lake Front / View Office Building total 9,530SF with 45 Parking Spaces sits on nearly 1 Acre lot. This property is just 3 mins drive / 15 mins Walk to New Lynnwood Light Rail Station (2024 Completion).
The Lynnwood Link project extends light rail from Northgate into Snohomish County, serving four stations, Shoreline South/148th, Shoreline North/185th, Mountlake Terrace and Lynnwood City Center.
Investment Highlight :
• Lake View Office Building
• Great Location, near light rail station
• Great Owner -Use Opportunities while still have steady income for the 2nd floor tenants
• 45 Parking Spaces
The Lynnwood Link project extends light rail from Northgate into Snohomish County, serving four stations, Shoreline South/148th, Shoreline North/185th, Mountlake Terrace and Lynnwood City Center.
Investment Highlight :
• Lake View Office Building
• Great Location, near light rail station
• Great Owner -Use Opportunities while still have steady income for the 2nd floor tenants
• 45 Parking Spaces
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,530 SF
Building Class
B
Year Built
1978
Price
$2,595,000
Price Per SF
$272
Percent Leased
38%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,765 SF
Building FAR
0.23
Lot Size
0.94 AC
Opportunity Zone
Yes
Zoning
PUD
Parking
45 Spaces (4.72 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Waterfront
PROPERTY TAXES
| Parcel Number | 006084-003-002-02 | Improvements Assessment | $2,195,600 |
| Land Assessment | $608,400 | Total Assessment | $2,804,000 |
PROPERTY TAXES
Parcel Number
006084-003-002-02
Land Assessment
$608,400
Improvements Assessment
$2,195,600
Total Assessment
$2,804,000
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