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JRJeff ReynoldsCompass · Seattle

Listed by David R Knight, KW Mountains to Sound Realty

Commercial Industrial
Type
1942
Year built
5,393 sq ft
Lot
45
Days on market

About this property

Exceptional opportunity to own a commercial property in Seattle’s highly sought-after Rainier Valley. SELLER FINANCING available with flexible Terms. Value in the Land and cashflow. Situated on a prominent corner lot, this 708 SF commercial building sits on a 5,393 SF parcel zoned NC2-55(M), offering excellent long-term investment and redevelopment potential (buyer to verify permitted uses with the City of Seattle). The property is currently occupied by three tenants on short-term leases, generating approximately $4,200 per month in gross rental income, Tenants pay utilities, making it an attractive option for investors seeking immediate cash flow while exploring future redevelopment opportunities. Conveniently located along a busy commercial corridor with strong visibility and access. Please do not disturb tenants. Signage on Building. Showings by appointment only.

Location & commute

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Directions

Property details

Listing details

Listing number
#2564997
Listed
August 6, 2026
Days on market
45

Construction

Year built
1942
Style
60 - Comm Bldg Und 10K
Structure
Unspecified
Roof
Torch Down

Heating & cooling

Heating
Baseboard
Energy source
Electric

Flooring

Flooring
LaminateCarpet

Lot

Lot size
5,393 sq ft

Terms

Terms offered
CashConventionalOwner Will Carry

Utilities

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

What stands out to you?

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  • Unspecified
  • Torch Down
  • Baseboard
  • Electric
  • Laminate
  • Carpet
  • Cash
  • Conventional
  • Owner Will Carry

Listing history

  1. Listed

    $999,500

    August 6, 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

$5,820

Principal & interest
$5,054
Property tax (est.)
$766

Assumes $199,900 down (20%), a $799,600 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 September 20, 2026 at 1:15 PM 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.