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Renovated Medical Office Building
For Sale
$2,250,000

510 Rainier Avenue S, Seattle, WA 98144

Updated healthcare facility with flexible clinical areas, an elevator, separate access points, and an attached residential apartment.

Property SizeContact for details
Days on Market559

Property Features for 510 Rainier Avenue S

General Information

Standard status Active
Elevators Yes
Property subtype General Commercial

Amenities

3
10 Parking Spaces.

Building Details

Year Built 1978
Year Renovated 2019
Listing Agency: RE/MAX Northwest Realtors
Listed By: Ricky Mouw · License #80899
Source: Xome
Added: Feb 17, 2025 Changed: Aug 30 Last Checked: Aug 30 at 1:22PM

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 RE/MAX Northwest Realtors

Investment Insights

Based on property information with market context.

This Seattle medical office property was renovated in 2019 and includes a functional clinical layout with seven exam or treatment rooms, two nurses stations, an elevator, and three separate entrances. The building was formerly used as an infusion clinic and includes an attached three-bedroom apartment with a full bathroom, kitchen, and living room.

The property also provides 10 parking spaces. Originally built in 1978, the configuration offers dedicated areas for patient care alongside residential accommodations within the same building.

Key Highlights

  • Renovated in 2019
  • Seven exam/treatment rooms and two nurses stations
  • Elevator and three separate entrances

Property Analytics

Current Use

Lifespring Cancer Treatment ... Medical Clinic Ben Chue, M.D. Physician Midmountain Contractors Inc General Contractor Queen Mortgage Co Loan Service

Suggested Use

Top Pick Auto Parts Store HVAC Service Pet Grooming Service (Bike/Boat/Book/etc) Store Electrical Service Catering Service

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

4,254
Businesses Nearby
Under-served
Demand for This Use

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

8.5% 2019
13.4% 2020
17.6% 2021
19.5% 2022
24.3% 2023
30% 2024
32.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Updated healthcare facility with flexible clinical areas, an elevator, separate access points, and an attached residential apartment.
Where is this medical office space located?
The property is located at 510 Rainier Avenue S Seattle, WA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Renovated in 2019; Seven exam/treatment rooms and two nurses stations; Elevator and three separate entrances
More about this property
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