9040 9050 Rainier Avenue S
Seattle, WA, 98118 $ 2,999,950
Bedrooms-- Baths-- Monthly Estimate*
$ 20,720
Listed by Nick Upshaw, Windermere Real Estate Co., 206-328-0889, NickUpshaw@Windermere.com
for $2,999,950. This building was built in 1961 on a lot size of 0.5464.
Three Parcels, 9040 Rainier Ave South, Office Building, 9050 Rainier Ave South, Retail, adjoing lot to East 5112 South Director Street. Owner Anxious to sell, says bring any and all offers. Prime 23,800 Square Foot 140x170 Level Corner Commercial Development Site/Lot with Maximum street Visibility with High Traffic count in the Heart of the Rainier Beach Business District that includes Safeway, Safeway Gas Station, Brand New Starbucks, Seattle Public Library, Bank of America Building, Key Bank, Subway Shop, Washington Federal Bank, , McDonalds, KFC/Taco Bell, Planet Fitness, Dollar Tree Store, Burrito California Restaurant, Rainier Beach Dental Clinic 140 Feet Frontage on Rainier Ave South 170 Feet Frontage on South Director Street Three Parcels: ALL PARCELS IN THE OPPORTUNITY ZONE, URBAN CENTER, FREQUENT TRANSIT SERVICE AREA, DESIGN REVIEW EQUITY AREA. Parcel "A" 9040 Rainier Ave South Current Use Office 3704 SF 75x110, 8250 Square Feet, Zoned NC3P-55(M) Parcel "B" 9050 Rainier Ave South. Current Use Retail, 1440 Square Feet 65x110, 7150 Square Feet Zoned NC3P-55(M) Parcel "C" 5112 South Director Vacant Lot 60x140, 8400 Square Feet, Zoned NC3-55(M) UNDER NO CIRCUMSTANCES DISTURB THE TENANTS!!
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FeaturesGeneralLiving Area 0
Sewer Sewer Connected
Heating Baseboard
Possession See Remarks Subject To Tenant Rights
Roof Flat
HOA Fee 0
Year Built 1961
Topography Level
Property Subtype Commercial Industrial
Tax Year 2026
County King
Net Operating Income 43453
Insurance Expense 3998
Property Type Commercial Sale
HOA N
Subdivision Name Rainier Beach
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions Northeast Corner of Rainier Ave South and South Director
City Seattle
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 3
MLS Area 380 - Southeast Seattle
Lot Size Units Square Feet
Lot Size Square Feet 23800
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 25506
Electric Expense 1175
Property Condition Fair
Public Remarks Three Parcels 9040 Rainier Ave South Office Building 9050 Rainier Ave South Retail adjoing lot to East 5112 South Director Street. Owner Anxious to sell says bring any and all offers. Prime 23 800
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company City of Seattle
Total Actual Rent 9100
Water Sewer Garbage 2667
Property Style 60 - Comm Bldg Und 10K
Cap Rate 1.09
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InteriorFlooring Laminate
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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ExteriorWater Source Public
Total Parking 20
Foundation Details Poured Concrete
Building Area Total 0
Lot Dimensions 140x170
Lot Size Acres 0.5464
Irrigation Water Rights Y/N N
Site Frontage 140
Parking Uncovered Total 20
Lot Number 1-6
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Internal OnlyOriginalMLSID NWM2603609
Street Number 1 9040
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* Excluded FeaturesList ByWindermere Real Estate Co.Broker
NickUpshaw@Windermere.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $20,720
- Monthly Property Taxes
- $2,126
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyCommerical listings in Seattle, WA
Average List Price $1,514,145
Percent of Sale Price 50%
About Seattle, WA 718,877 Population
28% Since 2002
$ 81,312 Median Income
39.1 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/13/2026 | $2,999,950 | | Listed Price |