Active · Commercial Sale

3207 Rainier Avenue S, Seattle, WA 98144

Seattle, WA 98144

$3,750,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Realogics Sotheby's Int'l Rlty · MLS #2501253 · Active

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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

Property type: Commercial Industrial
Year built: 1955
Lot size: 16,200 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $25,027 (2025)
Parking spaces: 32

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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