11463 Rainier AVE S, Seattle, WA 98178
11463 Rainier AVE S, Seattle, WA 98178
11463 Rainier AVE S, Seattle, WA 98178
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Listed by:Better Properties - Metro • Jen Turner
$1,995,000
Est. payment /mo
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6,250 Sqft Lot
Active

11463 Rainier AVE S Seattle, WA 98178

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Additional details

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Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Bryn Mawr

MLS Listing ID 2497184

Style 60 - Comm Bldg Und 10K

Year Built 1968

Annual Tax Amount $22,000

Lot Size 6,250 Sqft

Property Sub-Type Commercial Industrial

Property Description

Outstanding opportunity to acquire a 5,606 SF building on a 6,250 SF lot, plus an separate parcel with 5,343 SF parking lot included in the sale. Ideally positioned on a prominent corner just across from Lake Washington, this high-visibility property is in a strong traffic corridor with excellent accessibility. The building is fully leased to four tenants: a food mart, recording studio, cannabis retail store, and cannabis processor, providing diversified income streams and long-term upside. With prime positioning, on-site parking, and multiple uses under one roof, this asset offers both stability and future potential for value-add strategies.

Location

State WA

County King

Area 360 - Skyway Area

Interior

Flooring Concrete, Laminate

Fireplace false

Exterior

Exterior Feature Brick

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Northwest MLS (NWMLS)

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11463 Rainier AVE S