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Rainier Avenue Retail/Office Space
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502 Rainier Ave S, Seattle, WA 98144

Retail or office spaces with private bathrooms and HVAC.

Space Size963 SF - 1,121 SF
Property Size8,826 SF
Days on Market1367

Property Features for 502 Rainier Ave S

General Information

Standard status Active
Size 963 SF - 1,121 SF
Class B
Total Parking Spaces 14
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 8,826 SF
Year Built 2003
Tenancy Multiple

Spaces For Lease

at 502 Rainier Ave S Contact us

Space 204

Size
1,008 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 102

Size
1,058 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 103

Size
969 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 201

Size
1,121 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 203

Size
963 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: MaKensay Real Estate Services Inc.
Listed By: Frank Buchanan · License #WA
Source: Crexi
Added: Dec 7, 2022 Changed: Aug 16 Last Checked: Aug 29 at 11:46PM

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 MaKensay Real Estate Services Inc.

Investment Insights

Based on property information with market context.

Located on Rainier Avenue S at the corner of King St in the South Capital Hill neighborhood, this property offers spaces suitable for either office or retail use. All spaces feature private bathrooms and individual HVAC systems. Limited free parking is available.

Key Highlights

  • High‑exposure location on Rainier Ave S at the corner of King St.
  • Situated in the South Capital Hill neighborhood.
  • Suitable for office or retail use.

Property Analytics

Current Use

Ho & Associates Law Firm Ekovate General Contractor ColumbiaCare Services Seattle ... Charitable Organization WaveDivision Holdings, LLC Holding Company Dental Care NW Dental Office

Suggested Use

Top Pick Auto Parts Store Pet Grooming Service HVAC 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.

Lease Details

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,254
Businesses Nearby

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

Lease Benchmarks for Seattle, WA

$29.56 /SF/Yr
Avg Asking Price
$12–$50 /SF/Yr
Price Range
9,596 SF
Avg Space Size

This space is priced 26% below the average of $29.56 /SF/Yr.

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail or office spaces with private bathrooms and HVAC.
Where is this retail space located?
The property is located at 502 Rainier Ave S Seattle, WA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: High‑exposure location on Rainier Ave S at the corner of King St.; Situated in the South Capital Hill neighborhood.; Suitable for office or retail use.
(206) 623-9300 Call to check price and availability
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