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Listed by Better Properties - Metro
$ 2,200,000
Est. payment /mo
Active
11463 Rainier AVE S Seattle, WA 98178
6,250 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Bryn Mawr
MLS Listing ID 2424153
Style 75 - Retail
Year Built 1968
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 Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.