LISTING DETAILS

3208 Rainier Ave S

3208 Rainier Ave S Seattle WA 98144-6030

Listing #: 684767 | Status: Available | Last Modified: 8/1/2024

DJI_0471-2-2
Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income0
Vacancy Factor %0.00%
Operating Expenses0
Net Operating Income0
CAP Rate4.30 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Retail Asset Class Info
Crane Tonnage0
Building Information
Building StatusExisting
# of Buildings1
# of Floors4
# of Units12
Total Building SF15,117 SF
Net Rentable Area15,117 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF7,520 SF
Acres0.17
Year Built2018
SprinklersYes
Construction TypeFramed, Wood
Property Type
Property TypeMulti-Family
InvestmentYes
Location
CountyKing
Cross StreetS Hanford St
Market AreaS. Seattle
Tax ID #1282300260
ZoningSM-NR-95(M)
Parking Information
#Covered Spaces0
# Uncovered Spaces12
Total Parking Spots12

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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Street Retail

3208 Rainier Ave S
3208 Rainier Ave S Seattle WA 98144-6030

Listing #: 684767 | Status: Available | Listing Date: 7/29/2024 | Last Modified: 8/1/2024 | Email Listing

For Sale

3208 Rainier Ave S