3207 - 3215 Rainier Ave S
Seattle WA 98144-6031
Mount Baker Development Site
3207 - 3215 Rainier Ave S Seattle WA 98144-6031
Listing #: 710851 | Status: Available | Last Modified: 4/21/2026 |
For Sale
- Phone:(425) 221-8557
- Email:keith.mckinney@rsir.com
- Office Name:Realogics Sotheby's International Realty Bellevue
- Office Phone:(425) 800-0310
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 4,500,000.0
- $/SF$ 1,329.8
- $/lot sf$ 277.8
- $/Unit$ 4,500,000.0
- Listing StatusAvailable
- Days on Market33
- Asset ClassMulti-Family, Land, Specialty
- Terms
- Investment Type
- Investment PropYes
- Gross Income71,064
- Vacancy Factor %0.00%
- Operating Expenses41,027
- Net Operating Income30,037
- CAP Rate 0.67 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Topography
- Total Units1
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units1
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF3384
- Net Rentable Area3384
- Total Office SF
- Largest Contiguous SF
- Lot SF16200
- Acres0.37
- Property TypeLand
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location DescriptionRainier Ave S
- Second Address
- Cross StreetS. Hanford
- Market AreaS. Seattle
- Tax ID #1282300310
- Additional Parcels1282300320
- ZoningSM-NR-95(M)
- # Covered Spaces0
- # Uncovered Spaces20
- Total Parking Spots20
- Parking Ratio
- Year Built1955
- Year Renovated1999
- Completion Date
- Roof Type
- SprinklersYes
- Construction TypeBrick, Concrete, Masonry
Middle Housing, Multifamily or Mixed-Use Developme
These two development parcels are located in the thriving Mount Baker neighborhood and near the Light Rail Terminal. Upgraded zoning to SMNR 95 (M) these parcels offer an ideally located development site for Middle Housing and Mixed-Use Retail. The parcels are paved and fully fenced with secured access. Adjacent office space of 3384sf can be leased-back by the Seller if not developed.
Vacant 2nd lot. Zoned NC3-65. Great access and visibility just south of MLK Way and Rainier Ave S. intersection.
Build to Suit, Mixed-Use, Parking Lot, Parking Structure, Recreation Use, Yard, Residential, Marijuana
