3207 Rainier Avenue S, Seattle, WA 98144

Listing Broker: Realogics Sotheby's Int'l Rlty; Keith McKinney; 425-221-8557; keith.mckinney@rsir.com

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$3,750,000
Status
ACTIVE
Days on Market
161
Price Change
▼ $750,000 1789084795
MLS#
2501253
Subtype
Commercial Sale
Style
60 - Comm Bldg Und 10K
Year Built
1955
Lot Size
16,200
Acres
0.37
Subdivision
Mt Baker
Neighborhood
Mt Baker
MLS Area Major
Southeast Seattle

Property Description

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!

Additional Information

Exterior Features
Brick
Property Description
60 - Comm Bldg Und 10K
Roof
Flat
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks