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421 Rainier Avenue S Seattle, WA $ 4,000,000
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$ 4,000,000 Get more info
421 Rainier Avenue S
$ 4,000,000
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421 Rainier Avenue S

Seattle, WA, 98144
$ 4,000,000
Bedrooms-- Baths--

Monthly Estimate*

$ 24,629

Listed by 360 Pacific
421 Rainier Avenue S, Seattle, WA 98144 - Image 1
421 Rainier Avenue S, Seattle, WA 98144 - Image 2
421 Rainier Avenue S, Seattle, WA 98144 - Image 3
421 Rainier Avenue S, Seattle, WA 98144 - Image 4
421 Rainier Avenue S, Seattle, WA 98144 - Image 5
421 Rainier Avenue S, Seattle, WA 98144 - Image 6
421 Rainier Avenue S, Seattle, WA 98144 - Image 7

Commercial Property for sale in Seattle, WA

for $4,000,000. This building was built in 1958 on a lot size of 0.2066.

Exceptional development opportunity featuring an existing building on the prime corner of Rainier Ave S and S King St. The property is zoned DMRC 757595 and offers a 9,000 sq ft lot with a 9,900 sq ft building. Located in the International District, just minutes from the Stadium District, Pioneer Square, SoDo, Capitol Hill, and the Seattle CBD, with convenient access to I-5 and I-90 on/off ramps. Ideal for a multi-tiered residential project with ground floor retail.

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Commercial Active

Price

$ 4,000,000

Property Type

Commercial

Taxes

$ 29,445

Style

Comm Bldg Und 10K

Lot Size

0.2066

Year Built

1958

Town/City

Seattle

County/Region

King

MLS | Web ID

2485935
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Possession Closing Subject to Tenant Rights
Roof Torch Down
HOA Fee 0
Year Built 1958
Property Subtype Commercial Industrial
Tax Year 2025
County King
Net Operating Income 267120
Insurance Expense 0
Property Type Commercial Sale
HOA N
Subdivision Name International District
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions East on Jackson right on Rainier Ave S property is on the right.
City Seattle
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 5
MLS Area 390 - Central Seattle
Lot Size Units Square Feet
Lot Size Square Feet 9000
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 29445
Electric Expense 0
Fuel Expense 0
Public Remarks Exceptional development opportunity featuring an existing building on the prime corner of Rainier Ave S and S King St. The property is zoned DMRC 757595 and offers a 9 000 sq ft lot with a 9 900 sq f
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company SPU
Total Actual Rent 22260
Water Sewer Garbage 0
Property Style 60 - Comm Bldg Und 10K
Cap Rate 6.6
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Exterior
Exterior Amenities Brick Wood Products
Water Source Public
Total Parking 12
Foundation Details Poured Concrete
Building Area Total 0
Lot Dimensions 9000
Lot Size Acres 0.2066
Irrigation Water Rights Y/N N
Parking Uncovered Total 12
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Interior
Flooring Engineered Hardwood
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2485935
Street Number 1 421
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* Excluded Features
List By
Ton N. Nguyen

Listing Agent

360 Pacific

Broker

Affordability Calculator

$27,082
Per Month
91%
9%
0%
Monthly Principal & Interest
$24,629
Monthly Property Taxes
$2,454
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/2/2026$4,000,000 Listed Price

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421 Rainier Avenue S, Seattle, WA, 98144 is a Commercial Property for sale at $4,000,000 with a lot size of 0.2066. 421 Rainier Avenue S was built in 1958. The property's zip code is 98144 which is in Seattle, WA

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