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.
| MLS # | 2564997 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1942 |
| Days On Site | 39 |
| Listing Provided By | KW Mountains to Sound Realty | David R Knight |
| Zoning | Commercial,Multi-Family,Resident |
|---|---|
| Acreage | 0.12 |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98118 |
| Area | 380 Southeast Seattle |
| Community Name | Rainier Valley |
| Listing VS Median (in Rainier Valley) | |
Price: $999,500 low | high Med: $674,950 On site: 39 low | high Med: 6 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98118 |
| Area | 380 Southeast Seattle |
| Community Name | Rainier Valley |
| Listing VS Median (in Rainier Valley) | |
Price: $999,500 low | high Med: $674,950 On site: 39 low | high Med: 6 | |