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JRJeff ReynoldsCompass · Seattle

Listed by Nick Upshaw, Windermere Real Estate Co.

Commercial Industrial
Type
23,800 sq ft
Lot
101
Days on market

About this property

Reduction, elimination or pausing of MHA fees currently under strong consideration by the City of Seattle. Hopefully a very favorable decision will come soon. Make your offers subject to satisfactory amendment to MHA Fees. A chance for you to make a very good transaction. Seller will accept less and subject to amendment of MHA fees. A win win for you on a great site. Owner Anxious to sell, says bring any and all offers. Prime 23,800 Square Foot 140x170 Level Corner Commercial Development Site/Lot with Maximum street Visability with High Traffic count in the Heart of the Rainier Beach Business District that includes Safeway, Safeway Gas Station, Brand New Starbucks, Seattle Public Library, Bank of America Building, Key Bank, Subway Shop, Washington Federal Bank, , McDonalds, KFC/Taco Bell, Planet Fitness, Dollar Tree Store, Burrito California Restaurant, Rainier Beach Dental Clinic 140 Feet Frontage on Rainier Ave South 170 Feet Frontage on South Director Street Three Parcels: ALL PARCELS IN THE OPPORTUNITY ZONE, URBAN CENTER, FREQUENT TRANSIT SERVICE AREA, DESIGN REVIEW EQUITY AREA. Parcel "A" 9040 Rainier Ave South Current Use Office 3704 SF 75x110, 8250 Square Feet, Zoned NC3P-55(M) Parcel "B" 9050 Rainier Ave South. Current Use Retail, 1440 Square Feet 65x110, 7150 Square Feet Zoned NC3P-55(M) Parcel "C" 5112 South Director Vacant Lot 60x140, 8400 Square Feet, Zoned NC3-55(M) UNDER NO CIRCUMSTANCES DISTURB THE TENANTS!!

Location & commute

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Directions

Property details

Listing details

Listing number
#2499976
Listed
April 3, 2026
Days on market
101

Parking

Total spaces
20

Construction

Style
60 - Comm Bldg Und 10K
Structure
Unspecified
Roof
Flat

Heating & cooling

Heating
Baseboard
Energy source
Electric

Flooring

Flooring
Laminate

Lot

Lot size
23,800 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City of Seattle
Sewer
City of Seattle
Power
City of Seattle

What stands out to you?

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  • Unspecified
  • Flat
  • Baseboard
  • Electric
  • Laminate
  • Cash
  • Conventional

Listing history

  1. Listed

    $3,999,950

    April 3, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$23,293

Principal & interest
$20,226
Property tax (est.)
$3,067

Assumes $799,990 down (20%), a $3,199,960 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:30 AM PDT. 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.