11463 Rainier Avenue S Seattle, WA $ 1,995,000
11463 Rainier Avenue S
$ 1,995,000
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11463 Rainier Avenue S

Seattle, WA, 98178
$ 1,995,000
Bedrooms-- Baths--

Monthly Estimate*

$ 12,284

Listed by Better Properties - Metro
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Commercial Property for sale in Seattle, WA

for $1,995,000. This building was built in 1968 on a lot size of 0.1435.

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.

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Commercial Active

Price

$ 1,995,000

Property Type

Commercial

Taxes

$ 22,000

Style

Comm Bldg Und 10K

Lot Size

0.1435

Year Built

1968

Town/City

Seattle

County/Region

King

MLS | Web ID

2497184

Features
General
Living Area 0
Sewer Sewer Connected
Heating Ductless
Cooling Ductless
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1968
Topography Sloped
Property Subtype Commercial Industrial
Tax Year 2026
County King
Net Operating Income 100984
Insurance Expense 4000
Property Type Commercial Sale
HOA N
Subdivision Name Bryn Mawr
Possible Use Retail
Building Features Disabled Access
Special Listing Conditions None
Status Active
Directions From Rainier Ave S. (heading North or South) building on corner of S. 115th Pl. in Bryn Mawr area.
City Seattle
Senior Community Y/N N
Zoning Description Retail
Number Of Units Total 5
MLS Area 360 - Skyway Area
Lot Size Units Square Feet
Lot Size Square Feet 6250
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 22000
Public Remarks 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 f
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company Skyway Water & Sewer
Total Actual Rent 9320
Water Sewer Garbage 1620
Property Style 60 - Comm Bldg Und 10K
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Exterior
Exterior Amenities Brick
Water Source Public
Total Parking 15
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0.1435
Irrigation Water Rights Y/N N
Parking Uncovered Total 15
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Interior
Flooring Concrete Laminate
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2497184
Street Number 1 11463
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* Excluded Features
List By
Jen Turner

Listing Agent

Better Properties - Metro

Broker

Affordability Calculator

$14,117
Per Month
87%
13%
0%
Monthly Principal & Interest
$12,284
Monthly Property Taxes
$1,833
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
Pricing History
DatePricePrice ChangeDescription
4/2/2026$1,995,000 -4.77% Price Down
3/25/2026$2,095,000 Listed Price

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11463 Rainier Avenue S, Seattle, WA, 98178 is a Commercial Property for sale at $1,995,000 with a lot size of 0.1435. 11463 Rainier Avenue S was built in 1968. The property's zip code is 98178 which is in Seattle, WA