Corner Commercial Development Site For
For Sale
$3,999,950
9040 9050 Rainier Avenue S, Seattle, WA 98118
23,800 SF corner commercial development site in Rainier Beach.
Property Size3,704 SF
Lot Size0.53 Acres
Price / SF$1,079
Days on Market119
Property Features for 9040 9050 Rainier Avenue S
General Information
Standard status
Active
Size
3,704 SF
Lot size
0.53 Acres
Property subtype
Commercial
Listing Agency:
WINDERMERE REAL ESTATE CO.
(206) 324-0000
Listed By:
NICK UPSHAW
Source:
Corcoran
Added: Apr 3
Changed: Jul 10
Last Checked: Jul 29 at 8:11AM
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 WINDERMERE REAL ESTATE CO.
Investment Insights
Based on property information with market context.
This prime 23,800 square foot level corner commercial development site offers maximum street visibility and high traffic counts in the heart of the Rainier Beach Business District. The site is near Safeway, a Safeway Gas Station, a new Starbucks, the Seattle Public Library, Bank of America, Key Bank, Subway, Washington Federal Bank, McDonalds, KFC/Taco Bell, Planet Fitness, Dollar Tree, and Burrito California Restaurant, and Rainier Beach Dental Clinic. The property features 140 feet of frontage on Rainier Ave South and 170 feet of frontage on South Director Street. It comprises three parcels, all located in an Opportunity Zone, Urban Center, Frequent Transit Service Area, and Design Review Equity Area. Parcel "A" at 9040 Rainier Ave South is currently an office space of 3704 square feet on a 75x110 (8250 square feet) lot, zoned NC3P-55(M). Parcel "B" at 9050 Rainier Ave South is currently retail space of 1440 square feet on a 65x110 (7150 square feet) lot, zoned NC3P-55(M). Parcel "C" at 5112 South Director is a vacant lot measuring 60x140 (8400 square feet), zoned NC3-55(M).
Key Highlights
- Prime 23,800 sq ft corner commercial development site with high traffic and visibility.
- Located in an Opportunity Zone, Urban Center, Frequent Transit Service Area, and Design Review Equity Area.
- Three parcels included, offering flexibility in development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,182
Businesses Nearby
Explore this area
Business Placement
Demographics for 98118, WA
47,504
Population
19,831
Households
2.4
Avg Household Size
38
Median Age
49%
College-Educated
90%
High-School Grad
6.2 sq mi
ZIP Area
7,662
Density / Sq Mi
$109,085
Median Household Income
$54,827
Median Earnings
$1,831
Median Rent
$746,400
Median Home Value
Market
Vacancy Rate% for Office in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 23,800 SF corner commercial development site in Rainier Beach.
Where is this commercial land located?
The property is located at 9040 9050 Rainier Avenue S Seattle, WA.
What is the asking price?
The asking price for this property is $3,999,950.
What are key features of this property?
This property features: Prime 23,800 sq ft corner commercial development site with high traffic and visibility.; Located in an Opportunity Zone, Urban Center, Frequent Transit Service Area, and Design Review Equity Area.; Three parcels included, offering flexibility in development.
