Listing provided courtesy of John L. Scott, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2523216MLS Provider

16404 Highway 99Lynnwood, WA 98037

Commercial · 0.23 Acres
$2,600,000 Active

16404 Highway 99 Overview

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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.

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16404 Highway 99 Facts & Features

  • Type Commercial
  • Lot 0.23 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Building Information

  • Year Built: 1940

Location/Region

  • Country: US
  • County Or Parish: Snohomish
  • MLS Area Major: 730 - Southwest Snohomish
  • Subdivision Name: Keeler's Corner

General Information

  • Listing Terms: Cash, Conventional, Lease Purchase, Owner Will Carry
  • Parcel Number: 00372700800402
  • Possible Use: Commercial
  • Property Condition: Average
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet
  • Foundation Details: Concrete Ribbon
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 12
  • Parking Uncovered Total: 12

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.23
  • Lot Size Square Feet: 10019
  • Lot Size Units: Square Feet
  • Site Frontage: 130
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Roof: Flat
  • Structure Type: Unspecified

General Information

  • Carport: No
  • Exterior Features: Wood
  • Sewer: Sewer Connected

16404 Highway 99 Neighborhood

Community

98037 (LYNNWOOD) Demographics

39
Median Age
5,205
Population Density (per sq. mile)
45%
College Educated
$82,667
Estimated Median Income
6,433
Estimated Total Home Owners
4,603
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

16404 Highway 99 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

16404 Highway 99 Market Data

Based on the last 30 days in this zip code

$756,129
Average List Price
$413
Average Price per Square Foot
35
Properties Sold
62
Average Days on Market
121
Properties for Sale
Calculations provided by Reliance Network

16404 Highway 99 History

Date Event Value Agent
5/14/2026Source: NWMLS Added to Database
May 14, 2026