3208 Rainier Ave S
Seattle WA 98144-6030

3208 Rainier Ave S

3208 Rainier Ave S Seattle WA 98144-6030

Listing #: 684767 | Status: Available | Last Modified: 10/2/2024 |

For Sale
Dean Altaras, CCIM
  • Phone:(425) 586-5613
  • Email:daltaras@nai-psp.com
  • Office Name:NAI Puget Sound Properties
  • Office Phone:(253) 383-3100
  • Office Website:
Billy Poll, CCIM
Matthew Le
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
DJI_0471-2-2
Price Information
  • Listing Price$ 4,450,000.0
  • $/SF$ 294.4
  • $/Unit$ 4,450,000.0
  • Listing StatusAvailable
  • Days on Market108
  • Asset ClassRetail, Office, Multi-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 4.30 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors4
  • # of Units12
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF15117
  • Net Rentable Area15117
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF7520
  • Acres0.17
Property Type
  • Property TypeMulti-Family
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross StreetS Hanford St
  • Market AreaS. Seattle
  • Tax ID #1282300260
  • Additional Parcels
  • ZoningSM-NR-95(M)
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces12
  • Total Parking Spots12
  • Parking Ratio
Construction
  • Year Built2018
  • Year Renovated
  • Completion Date
  • Roof Type
  • SprinklersYes
  • Construction TypeFramed, Wood

Highly Visible Mixed-Use Apartment Building For Sa

Public Comments

- Total Units: 2 Commercial Spaces and 12 apartments - Parking: 2 spaces - Year Built: 2018 - Construction Type: Wood frame - Property SF: 13,708 (KC records) / 15,117 Owner Records - Lot Size: 7,523 (KC records) - KC Parcel # 128230-0260 - Zoning SM-NR 95 (M) - 3 blocks away from Mt. Baker light rail station - Close to I-5, I-90, downtown Seattle and the First Hill - Medical Community - Spacious apartments with modern finishes - Value-add opportunity with vacant retail units and under-market apartment rents - Price $4,450,000 (Price/SF: $295) - CAP Rate: 4.30% actual / 6.25% proforma

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