Listed By:
Coldwell Banker Bain and NWMLS
Address
2025 Rainier Avenue S, Seattle, WA
Price
$ 16,000,000
Property Attributes
  • ID#1954800
  • TypePending
  • CountyKING
  • CitySeattle
  • AreaCentral Seattle
  • NeighborhoodCentral Area
  • Zip98144
  • StyleComm Bldg Und 10K
  • Year Built1982
  • Taxes$ 86323
  • Price$ 16,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.185 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Offered for sale is a 1.185 acre site that has three existing structures with current leases. The property consists of three tax lots and is zoned for mixed use commercial with a 75 foot height restriction. The potentials are endless, from an office building to apartments, to condos. Seller is willing to consider selling the largest tax lot separately. Over 330 feet of frontage on Rainier Ave S, blocks from light rail station. Seller is removing the Burger King building; lot will be cleared. Phase I and II reports are available on request.

Price History
7/19/2022 Listed $16,000,000

General Features

Building Area Units Square Feet
Carport Y/N No
City Seattle
County King
Directions On 1-90 E take exit 3 for Rainier Ave S. Turn right onto Rainier Ave S, property will be on your right in four blocks.
Exterior Features Brick, Wood Products
Interior Features Forced Air
Lot Size Square Feet 51620
MLS Area 390 - Central Seattle
Possession Closing
Possible Use Business, Multi-Family
Property Condition Average
Property Style 60 - Comm Bldg Und 10K
Property SubType Commercial Industrial
Property Type Commercial Sale
Roof Torch Down
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Pending
Status Pending
Street Name Rainier
Structure Type Unspecified
Subdivision Name Central Area
Tax Annual Amount 86323
Tax Year 2021
Terms Cash Out, Conventional
Topography Level
Total Units 2
Water Company City of Seattle
Year Built 1982
Zoning Class Business, Multi-Family

Interior Features

Air Conditioning Y/N Yes
Fireplace Y/N No
Flooring Vinyl
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Avenue

Exterior Features

Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Dimensions 51620
Lot Size Acres 1.185
Lot Size Units Square Feet
Open Parking Y/N No
Site Frontage 332
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 98144

Price
AVG $1.08M
$16M
Taxes
AVG $8,880
$86,323
Visits
AVG 77
217
Year Built
AVG 1983
1982
Walkscore
AVG 76
85
Data Provided by Walkscore ® not using MLS data