9264 57th Avenue S Seattle, WA 98118
9264 57th Avenue S, Seattle, WA, 98118
$789,000
For Sale
$789,000
Mixed-use properties
Property Size2,356 SF
Lot Size0.15 Acres
Price / SF$334.89
Days on Market227
Property Features for 9264 57th Avenue S
General Information
- Standard status
- Active
- Size
- 2,356 SF
- Lot size
- 0.15 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1914
Listing Agency
BETTER PROPERTIES EASTSIDE
(425) 990-3333
Listed by
VOLONDA GREEN
Source
Corcoran
Added: Dec 6, 2025 Updated: Jul 6 at 9:52 am Checked: Jul 20 at 4:09 am
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 BETTER PROPERTIES EASTSIDE
Investment Insights
Based on property information with market context.
Key Highlights
- Investor opportunity: Mixed‑use property with existing commercial and residential tenants.
- Located in rapidly developing Rainier Beach.
- Redevelopment potential under NC155 Zoning.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.2k | $33.60 |
| − Vacancy | −$2.4k | −$1.01 |
| EGI | $76.8k | $32.59 |
| − OpEx | −$23.0k | −$9.78 |
| NOI | $53.8k | $22.81 |
2,356 SF · lease $33.60/SF/yr · vacancy 3.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$767.9K
$671.9K – $895.9K
NOI $53,751 @ 7.0% cap · market cap 6.81%
Second Best
Mixed Use
$568.0K
$497.0K – $662.6K
NOI $39,758 @ 7.0% cap · market cap 5.04%
Theoretical Best
Specialty Retail
$847.7K
$741.7K – $989.0K
NOI $59,339 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rainier Dance Center
Training Center
Similar For Sale Nearby
FAQs
Where is this mixed-use property located?
The property is located at 9264 57th Avenue S Seattle, WA.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Investor opportunity: Mixed‑use property with existing commercial and residential tenants.; Located in rapidly developing Rainier Beach.; Redevelopment potential under NC155 Zoning.
