NWMLS

Listing Firm: Realogics Sotheby's Int'l Rlty (425-800-0310). Listings with the three tree icon are courtesy of NWMLS.

3207 Rainier Avenue

Seattle, WA 98144

LISTING #2501253
$4,500,000
STATUS Active
YEAR BUILT 1955
PROPERTY TYPE Commercial Sale

ABOUT THIS PROPERTY

These strategically positioned parcels with leased 3384sf office building offer a unique opportunity to develop a Middle Housing, Multifamily or Mixed-use project adjacent to the Mount Baker light rail station. Combined, these fully fenced parcels total 16,200sf and are situated within the popular Mount Baker neighborhood. The impressive growth in the area is a testament to the site’s exceptional location and proximity to Seattle’s employment centers. Zoned SM-NR 95 (M), a feasibility study has been conducted by Axis/Caron Architecture envisioning the development of a 5-8-story building housing up to 125 MF or Condominium units. Recent zoning upgrades have increased the opportunity to develop affordable housing alternatives on this site also. Sale and Lease-Back terms are negotiable so don't miss this!

PROPERTY DETAILS

EXPAND ALL
Location Information
County King
Community Seattle
Latitude 47.574605
Longitude -122.295748
Directions From Downtown Seattle, Head northwest toward Madison St. Take Rainier Ave S.
Subdivision Name Mt Baker
Interior Features
Has Fireplace No
Number of Fireplaces 0
Exterior Features
Style Comm Bldg Und 10K
Exterior Brick
Roof Flat
Water Source Public
Septic or Sewer Sewer Connected
Water City of Seattle
Electric Seattle City Light
Parking Spaces 32
Topography Level
Lot Size in Acres 0.3719
Lot Size in Sq. Ft. 16,200
Additional Information
Possession Closing, Subject To Tenant Rights
Property Type Commercial Sale
Property Subtype Commercial Industrial
Structure Type Unspecified
Year Built 1955
Status Active
Tax Year 2025
Tax Amount $25,027
Lot Acres Source KCR
NWMLS

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INTERESTED IN

3207 Rainier Avenue, Seattle, WA 98144

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