James & Angie Smith

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Listing provided courtesy of WPI Real Estate Services, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2524979MLS Provider

6815 196th Street SW #kLynnwood, WA 98036

Commercial
$150,000 Active

6815 196th Street SW #k Overview

Visits:
3

Owner retiring after 20 years. Don't miss this exceptional chance to acquire an Asian restaurant located on a bustling main road within walking distance from Edmonds College and the newly opened T&T Supermarket. Abundant parking space for employees and customers. Fully equipped kitchen with Type 1 Hood with updated kitchen equipment. This spacious 1,951 sqf corner location boasts abundant natural light and ample free parking for customers. Owners currently working on-site and open 5 days a week. Strong partnerships with app-based delivery platforms. Excellent landlord has recently installed new rooftop A/C units.

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6815 196th Street SW #k Facts & Features

  • Type Commercial

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Annual Expenses: 0
  • Annual Gross Sales: 360000
  • Annual Rent: 47000

Building Information

  • Year Established: 2009

Business Information

  • Business Name: Asian Wok
  • Business Type: Food And Beverage

Location/Region

  • Country: US
  • County Or Parish: Snohomish
  • MLS Area Major: 730 - Southwest Snohomish
  • Subdivision Name: Lynnwood

Rent/Lease Information

  • Lease Assignable: Yes

General Information

  • Listing Terms: Cash
  • Parcel Number: 27041700307000
  • Property Condition: Good
  • Property Sub Type: Business Opportunity
  • Property Type: Business Opportunity
  • 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: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Unit Information

  • Unit Number: k

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 50
  • Parking Uncovered Total: 50

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0
  • Lot Size Square Feet: 0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet

General Information

  • Carport: No
  • Covered Spaces: 0

6815 196th Street SW #k Neighborhood

Community

98036 (Lynnwood) Demographics

38
Median Age
4,211
Population Density (per sq. mile)
47%
College Educated
$82,684
Estimated Median Income
9,075
Estimated Total Home Owners
5,746
Estimated Total Renters
61% / 39%
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.

6815 196th Street SW #k 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.

6815 196th Street SW #k Market Data

Based on the last 30 days in this zip code

$841,752
Average List Price
$440
Average Price per Square Foot
37
Properties Sold
44
Average Days on Market
149
Properties for Sale
Calculations provided by Reliance Network

6815 196th Street SW #k History

Date Event Value Agent
5/15/2026Source: NWMLS Added to Database
May 15, 2026