5201 Rainier Ave S Seattle, WA 98118
Premier multifamily development site in Columbia City, shovel ready.
Property size:
24,387 SFProperty Features for 5201 Rainier Ave S
General Information
- Standard status
- Active
- Size
- 24,387 SF
Source:
Corcoran
Listing Agent: Stuart Williams
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multifamily Development Site in Seattle
This is an opportunity to acquire a multifamily development site in Columbia City. The site is adjacent to a thriving urban neighborhood and has proximity to mass transit, light rail and numerous retail establishments. The site is shovel ready for 111 multifamily units, including 3 live-work units and 1,621 SF of retail. Ownership has obtained a Master Use Permit (MUP) and Building Permit. There is also a townhome development scenario featuring 23 units, 19 of which include garage parking. The units average 1,825 SF and primarily offer three bedrooms plus a den. The property size is 24387 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.281901
- Latitude
- 47.554067
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Premier multifamily development site in Columbia City, shovel ready.
Where is this commercial land located?
The property is located at 5201 Rainier Ave S Seattle, WA.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: - Shovel-ready multifamily development site with permits in place (MUP, Building Permit).; - Approved for **111 multifamily units**, including 3 live-work units and 1,621 SF of retail space.; - Located in a thriving urban neighborhood.