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    5840-5890 Airport Way S Seattle, WA 98108

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    For Lease
    $17 SF/Yr ($970 /Mo)

    Restored brick building with modern amenities and natural light.

    Property size:
    685 SF
    Lot size:
    1.73 Acres

    Property Features for 5840-5890 Airport Way S

    General Information

    Size
    685 SF
    Lot size
    1.73 Acres

    Source: Lee & Associates Commercial Real Estate Services Agent Amanda Hahnemann, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Old Rainier Brewery Space

    The historic Old Rainier Brewery property comprises three brick buildings situated parallel to Airport Way. These buildings are characterized by an abundance of natural light, which streams through towering glass windows set within an artfully restored 1910 brick facade. The interiors showcase exposed wood beams, brick, and artful mortar, complemented by modern amenities such as HVAC and lighting. Common areas and gathering spaces are easily accessible from all spaces. The property offers free bike storage, and pay parking is available. The available space is 685 square feet. The property is suitable for flex space, industrial, creative, and office uses.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Auto Repair Shop Wholesale Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Foodz Factory, nataliesffts, Conscious Eatery

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3178713
    Latitude
    47.550661

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    FAQs

    What type of property is this?
    Flex space - Restored brick building with modern amenities and natural light.
    Where is this flex space located?
    The property is located at 5840-5890 Airport Way S Seattle, WA.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Historic Old Rainier Brewery property with artfully restored 1910 brick facade.; - Abundance of natural light through towering glass windows.; - Interiors feature exposed wood beams and brick.
    (425) 454-4242
    Request Owner's contact information
    5840-5890 Airport Way S Seattle, WA 98108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5840-5890 Airport Way S Seattle, WA 98108
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