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$2,180,000 -$420,000 (-16.15%) Price Reduced
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Property Description
Exceptional mixed-use investment & redevelopment opportunity in the heart of Lynnwood, this well-positioned commercial property features 3 professional office suites on lower level & a high-visibility retail storefront above, creating an attractive income-producing asset with significant future redevelopment potential for investors, developers, or owner-users looking to capitalize on one of the region's fastest-growing urban corridors. Strategically situated in a high-traffic commercial corridor, the property benefits from exceptional street frontage, strong daily traffic counts, & prominent signage exposure, helping drive consistent visibility for businesses operating within the building. Just minutes from Lynnwood City Center Station on the expanding Link Light Rail system significantly enhances long-term value, offering direct transit connectivity to downtown Seattle, Bellevue, & Sea-Tac Airport while supporting the rapid growth of transit-oriented development thru-out the surrounding area. The property's flexible layout supports multiple revenue streams today while offering compelling future repositioning opportunities. Existing office suites are well suited for services: medical, legal, financial, insurance, tech, consulting, real estate, or creative studio uses, while the retail storefront provides an ideal setting for boutique retail, restaurant concepts, specialty service providers & so much more! Option to lease @$9k mo, house could be incl in sale at separate price.
Full Property Details
Full Property Details for 16404 Hwy 99
General
- Price: $2,180,000
- Status: Active
- Type: Industrial
- Source: NWMLS
- MLS ID: 2523216
- Updated: 7/30/2026
- Added to Site: 80 day(s) ago
Rental Information
- Complex Features: Signage Included, Storage
Interior
- Flooring: Carpet
Parking
- Uncovered Spaces: 12
Location
- Area: 730 - Southwest Snohomish
- County: Snohomish
- Subdivision: Keeler's Corner
- Driving Directions: Use GPS and park in the back.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Forced Air
- Heating Type: Forced Air
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Unspecified
- Exterior Const.: Wood
- Foundation: Concrete Ribbon
- Roof: Flat
- Office: 7,200 Sq. Ft.
- Year Built: 1940
- Property Condition: Average
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Size Source: Realist
- Lot Depth: 99
- Zoning: Commercial
Financial Considerations
- Terms: Cash, Conventional, Lease Purchase, Owner Will Carry
Disclosures and Reports
- Special Conditions: None
- Property ID: 372700800402
Listed by Sam Savage | John L. Scott, Inc. | (425) 744-5300
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Schools
Schools serving 16404 Hwy 99
School District:Edmonds School District
| Name | Grades | Distance |
|---|---|---|
Meadowdale Elementary School 6505 168th Street Southwest, Lynnwood, WA 98037 | K-6 | 1.3 mi |
Meadowdale Middle School 6500 168th Street Southwest, Lynnwood, WA 98037 | 7-8 | 1.3 mi |
Meadowdale High School 6002 168th Street Southwest, Lynnwood, WA 98037 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16404 Hwy 99
Date
Details
Price
Change
Source
7/30/2026
Price Reduced
$2,180,000
-16.15%
MLS
5/14/2026
Listed
$2,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16404 Hwy 99
Year
Property Taxes
Change
Tax Assessment
Change
2026
$10,637
3%
$1,230,100
14%
2025
$10,338
25%
$1,081,900
10%
2023
$8,273
42%
$983,100
65%
2021
$5,826
-9%
$595,400
—
2022
$6,385
10%
$595,400
43%
2021
$5,826
21%
$415,800
—
2020
$4,829
-1%
$415,800
-1%
2019
$4,874
-8%
$418,400
4%
2018
$5,308
4%
$404,100
1%
2017
$5,087
19%
$400,900
20%
2016
$4,271
-2%
$333,600
3%
2015
$4,342
7%
$322,900
8%
2014
$4,053
—
$297,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16404 Hwy 99
16404 Highway 99, Lynnwood, WA 98037 (MLS# 2523216) is a Industrial property. 16404 Highway 99 is currently listed for $2,180,000 and was received on May 14, 2026. Want to learn more about 16404 Highway 99? Do you have questions about finding other Industrial real estate for sale in Lynnwood? You can browse all Lynnwood real estate or contact a Coldwell Banker agent to request more information.

