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Multi-Tenant Cannabis Property
For Sale
$1,995,000

11463 Rainier Avenue S, Seattle, WA 98178

Four tenants occupy the building, including cannabis retail and processing uses.

Property SizeContact for details
Days on Market174

Property Features for 11463 Rainier Avenue S

General Information

Standard status Active
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $22,000

Amenities

3
15 Parking Spaces.

Building Details

Year Built 1968
Listing Agency: Metro
Listed By: Better Properties
Source: Xome
Added: Mar 10 Changed: Aug 29 Last Checked: Aug 30 at 1:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Metro

Investment Insights

Based on property information with market context.

The property includes a 5,606-square-foot building on a 6,250-square-foot lot, along with a separate parcel containing a 5,343-square-foot parking lot. Built in 1968, the building is fully leased to four tenants: a food mart, recording studio, cannabis retail store, and cannabis processor.

The property occupies a prominent corner across from Lake Washington at 11463 Rainier Avenue S in Seattle. On-site parking includes 15 spaces, supporting the existing mix of retail, studio, and cannabis-related uses.

Key Highlights

  • 5,606 SF building on a 6,250 SF lot
  • Separate 5,343 SF parking lot parcel included
  • Fully leased to four tenants

Property Analytics

Current Use

Green Life NW (Bike/Boat/Book/etc) Store FELEG FOOD MART Grocery & Convenience Store Wise Shield Insurance ... Insurance Agency Bitcoin Depot | Bitcoin ... Crypto Atm Ounce King Cannabis (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Bakery Barber Shop HVAC Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

235
Businesses Nearby

Demographics for 98178, WA

26,122
Population
10,018
Households
2.6
Avg Household Size
39
Median Age
36%
College-Educated
86%
High-School Grad
4.9 sq mi
ZIP Area
5,331
Density / Sq Mi
$93,786
Median Household Income
$52,123
Median Earnings
$1,836
Median Rent
$628,200
Median Home Value

Market

Vacancy Rate% for Retail in Seattle, WA

4.5% 2019
4.4% 2020
3.9% 2021
3.6% 2022
3.8% 2023
4.7% 2024
5.7% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Cannabis property - Four tenants occupy the building, including cannabis retail and processing uses.
Where is this cannabis property located?
The property is located at 11463 Rainier Avenue S Seattle, WA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 5,606 SF building on a 6,250 SF lot; Separate 5,343 SF parking lot parcel included; Fully leased to four tenants
More about this property
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