1900 Rainier Ave S - Office FOR SALE


Seattle, WA 98144
$12,000,000 USD
425-417-5078
1900 Rainier Ave S, Seattle, WA for Sale
$12,000,000 USD
Office - FOR SALE
1/3
null | Request Cap Rate

1900 Rainier Ave S
Seattle, WA 98144


HIGHLIGHTS

  • For sale or lease
  • 10 Minute drive to/from downtown Seattle
  • Close to Nearby Amenities
  • Easy access from I-90 and I-5

OVERVIEW

We are pleased to present the opportunity to lease or acquire 1900 Rainier Ave S, which is located in the dynamic Rainier Avenue/Martin Luther King Way Corridor. This corridor has recently experienced a surge in development activity, with a substantial pipeline of upcoming developments, including several proposed projects within a mile radius of the property. Ideally positioned to benefit from the robust growth and investment, the property offers several key opportunities. The 3rd floor is currently vacant and available for lease, while the 2nd floor features small private offices available for lease. This makes for an ideal owner-user opportunity with significant future redevelopment potential due to NC3-75 (M) zoning.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$358 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Wellspring Family Services

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

NC3-75 (M)

APN/PARCEL ID

149830-2455

ASK ABOUT THIS PROPERTY

Stuart WilliamsLee & Associates Commercial Real Estate ServicesMore Info
425-417-5078

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Stuart WilliamsLee & Associates Commercial Real Estate ServicesMore Info
425-417-5078

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.