Listed by David R Knight, KW Mountains to Sound Realty
- Commercial Industrial
- Type
- 1942
- Year built
- 5,393 sq ft
- Lot
- 90
- 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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Property details
Listing details
- Listing number
- #2564997
- Listed
- August 6, 2026
- Days on market
- 90
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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- Laminate
- Carpet
Listing history
Listed
$999,500
August 6, 2026
Derived from current MLS listing fields.
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.
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Based on information submitted to the MLS GRID as of November 4, 2026 at 3:10 PM PST. 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.