2307 Rainier Avenue South

Seattle, WA 98144

$3,480,000
Price
14,000 / 0.32
Lot Size / Acres

Description

Mt. Baker Light Rail Development Site is a 14,000 SF Corner Lot for sale. This property is an ideal development opportunity being positioned in both a qualified Opportunity Zone and Urban Village. Located on a corner lot along Rainier Ave S, this flat site zoned NC3-75 (M) allows for approximately 95 to 110 residential apartment units with some ground floor retail. Vacant, leveled, and no existing improvements.Mt. Baker Light Rail Development Site is a 14,000 SF Corner Lot for sale. This property is an ideal development opportunity being positioned in both a qualified Opportunity Zone and Urban Village. Located on a corner lot along Rainier Ave S, this flat site zoned NC3-75 (M) allows for approximately 95 to 110 residential apartment units with some ground floor retail. Vacant, leveled, and no existing improvements.
  1. Listed by David W Petersen • Westlake Associates, Inc.
  2. Listed by Deena Loveland • PRO RLTYSRVCS Eastside

Property Details for 2307 Rainier Avenue South

Community Name
Mt Baker
School District
Seattle
Entry Date
04-24-2024
Sewer
Available

Location

Listing Courtesy of Westlake Associates, Inc.; PRO RLTYSRVCS Eastside
Add your commute
LISTING UPDATED: 04/24/2024 02:43 PM

Property Details for 2307 Rainier Avenue South

StatusActive
MLS #2228237
Days on Market10
Cumulative Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.32 AC
CountyKing County

Location

Listing Courtesy of Westlake Associates, Inc.; PRO RLTYSRVCS Eastside
Add your commute

Building Information for 2307 Rainier Avenue South

Lot Size0.32 AC

Payment Calculator

$20,729 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,992

Property Taxes

$1,737

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2307 Rainier Avenue South

Summary
Location and General Information
  • Style: 42 - Multi-Family
  • Area: 380 - Southeast Seattle
  • Directions: On 1-90 E take exit 3 for Rainier Ave S. Turn right onto Rainier Ave S, it will be on your right.
  • Property Sub Type: VACL
  • Road Information: County Maintained,Paved
  • View: No
  • Waterfront: No
Parking
  • Carport: No
Interior and Exterior Features
Interior Features
  • Cooling: No
  • Fireplace: No
  • Heating: No
Exterior Features
  • Road Surface Type: Paved
Property
Utilities
  • Electricity: Available
  • Electric On Property: No
  • Gas Available: Available
  • Water Source: Available, In Street
  • Utilities: Natural Gas Available, Electricity Available
Property and Assessments
  • Zoning Jurisdiction: City
  • Zoning Class: Commercial,Multi-Family
  • Zoning Remarks: NC3-75 (M)
  • Lot Topography: Level
  • Possible Use: Commercial, Multi-Family
  • Preliminary Title Ordered: Yes
  • Road Responsibility: County
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 9
Lot Information
  • Lot Details: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Source: King County Assessor
  • Parcel Number Free Text: 1594600155
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 2307 Rainier Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2307 Rainier Avenue South

Taxable ValueLand$2,240,000Additions$1,000Total$2,241,000
Tax Record2022$20,848 ($1,737 / month)
Home Facts
Total Finished SqFt9,799 SqFtAbove Ground SqFt9,799 SqFtStories2Lot Size14,000 SqFtStyleMiscellaneous CommercialYear Built1939Year Renovated1975ZoningNC3-75 (M)CountyKINGAPN159460-0155

Schools near 2307 Rainier Avenue South

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Beacon Hill International School
PublicK to 5

Mercer Middle School
Public6 to 8

Franklin High School
Public9 to 12

Bridges Transition
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2307 Rainier Avenue South is a 0.32 ac of land for sale in Seattle, WA 98144. This property was listed for sale on April 24, 2024 by Westlake Associates, Inc., it's currently listed at $3,480,000. This listing's school district is Seattle Public Schools. Nearby schools include Beacon Hill International School, Mercer Middle School and Franklin High School. 2307 Rainier Avenue South is a 0-bed, 0-bath, 0.32 ac of land on a 14,000 sq. ft. / 0.32 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Westlake Associates, Inc.; PRO RLTYSRVCS Eastside

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.