Shovel-Ready Mixed-Use
For Sale
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3109-3111 Rainier Ave S, Seattle, WA 98144
Fully entitled mixed-use project with 175 residential units and ground-floor retail, constructed-ready for immediate development.
Property Size123,052 SF
Days on Market62
Property Features for 3109-3111 Rainier Ave S
General Information
Standard status
Active
Size
123,052 SF
Property subtype
Multifamily, Mixed Use
Zoning
SM-NR 95 (M)
Additional Details
Multifamily Units
175
Building Details
Units
175
Listing Agency:
Lee & Associates - Bellevue
Listed By:
Scotty Rowe · License #WA 21028718
Source:
Crexi
Added: Jun 12
Changed: Aug 8
Last Checked: Aug 11 at 7:37PM
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 Lee & Associates - Bellevue
Investment Insights
Based on property information with market context.
This fully entitled, shovel-ready mixed-use multifamily development is presented as a construction-ready acquisition opportunity. The project is planned to deliver 175 residential units, including efficiency dwelling units and studios, as well as one- and two-bedroom apartments. Ground-floor space is planned for 3,000 square feet of retail and live/work lofts.
The site is located at the intersection of Rainier Avenue South and Martin Luther King Jr. Way S in Seattle’s Mount Baker neighborhood. The development is positioned directly across from the Mt. Baker light rail station, supporting convenient access to local and regional destinations.
For developers, investors, and builders seeking an enabled project with residential and street-level components, this offering combines in-place entitlements with construction-ready status. The planned mix of unit types and the addition of retail and live/work loft space can support a balanced tenant and user profile within a transit-oriented setting.
The site is located at the intersection of Rainier Avenue South and Martin Luther King Jr. Way S in Seattle’s Mount Baker neighborhood. The development is positioned directly across from the Mt. Baker light rail station, supporting convenient access to local and regional destinations.
For developers, investors, and builders seeking an enabled project with residential and street-level components, this offering combines in-place entitlements with construction-ready status. The planned mix of unit types and the addition of retail and live/work loft space can support a balanced tenant and user profile within a transit-oriented setting.
Key Highlights
- Fully entitled, shovel‑ready mixed‑use multifamily development at the Rainier Ave S & Martin Luther King Jr Way S intersection in Seattle’s Mount Baker neighborhood
- Planned 175 residential units, including small efficiency dwelling units (SEDUs), studios, and 1- and 2‑bedroom apartments
- 3,000 SF of ground‑level retail plus live/work loft space
Property Analytics
Property Profile
Current Use
Lease Details
175
Residential units
Location Intelligence
Trade Area within ½ mile
904
Businesses Nearby
Explore this area
Business Placement
Demographics for 98144, WA
32,178
Population
16,381
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
9,464
Density / Sq Mi
$94,051
Median Household Income
$65,078
Median Earnings
$1,805
Median Rent
$890,400
Median Home Value
Market
Vacancy Rate% for Office in Seattle, WA
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully entitled mixed-use project with 175 residential units and ground-floor retail, constructed-ready for immediate development.
Where is this mixed-use property located?
The property is located at 3109-3111 Rainier Ave S Seattle, WA.
What are key features of this property?
This property features: Fully entitled, shovel‑ready mixed‑use multifamily development at the Rainier Ave S & Martin Luther King Jr Way S intersection in Seattle’s Mount Baker neighborhood; Planned 175 residential units, including small efficiency dwelling units (SEDUs), studios, and 1- and 2‑bedroom apartments; 3,000 SF of ground‑level retail plus live/work loft space
