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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Thomas Fine, Windermere Mercer Island

1
Bedrooms
1
Bathrooms
1,060
Square feet
$358
Per sq ft
Single Family Residence
Type
1926
Year built
2,790 sq ft
Lot
0
Days on market

About this property

Exceptional opportunity to acquire two side-by-side properties at 3857 and 3859 Rainier Avenue S, situated along Seattle's highly traveled Rainier Avenue corridor. Zoned NC2-55 (Neighborhood Commercial 2) with a 55-foot height limit, these properties offer outstanding potential for mixed-use commercial and residential development. No plans or survey available VALUE IS IN THE LAND! High traffic volume, excellent street visibility, and a major shopping center directly across the street provide an attractive setting for investors, builders, and developers. The established retail presence, surrounding businesses, and convenient access to public transportation Mixed-Use Flexibility: Potential uses include multifamily residential apartments, live-work units, retail spaces, offices, restaurants, subject to City of Seattle zoning regulations and approvals Strategically located with convenient access to downtown Seattle, Renton, and Tukwila, this established urban corridor offers excellent connectivity to surrounding residential neighborhoods, shopping, dining, and business districts PROPERTY ACCESS: Access to the property grounds is available by appointment. No interior access to existing buildings until after mutual acceptance Buyer to verify zoning, permitted uses, height restrictions, density, property conditions, and development feasibility with the City of Seattle Also listed as Vacant Land. See adjacent property at 3857 Rainier Avenue S, MLS#2589591

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Jeff's Neighborhood Guide

Get to know Columbia City

Jeff's Columbia City profile covers the streets, shoreline, parks, markets, and local places that define the neighborhood, written from years of showing homes here. It is editorial, separate from the MLS listing data above.

Also nearby, within the same NWMLS search area.

Property details

Listing details

Listing number
#2589602
Listed
October 15, 2026
Days on market
0
Price per sq ft
$358

Unit & building

Building
MONTROSE ADD
Unit levels
Two

Parking

Parking
Driveway
Total spaces
3

Views

View
Territorial

Construction

Year built
1926
Style
12 - 2 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Lot

Lot features
CurbsPavedSidewalkValue In Land
Lot size
2,790 sq ft

Terms

Terms offered
Cash

Utilities

Water
Public
Sewer
Sewer Connected

Schools

District
Seattle

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Two
  • Driveway
  • Territorial
  • House
  • Composition
  • Baseboard
  • None
  • Electric
  • Curbs
  • Paved
  • Sidewalk
  • Value In Land

Listing history

  1. Listed

    $379,000

    October 15, 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

$2,207

Principal & interest
$1,916
Property tax (est.)
$291

Assumes $75,800 down (20%), a $303,200 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 October 15, 2026 at 1:00 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.