4716 Rainier Ave Seattle, WA 98118
This exceptional 100,000 square foot, three-building retail and restaurant property is located at 4716 Rainier Ave S, Seattle, WA 98118, situated on a 74,400 square foot lot. Built in 2021, the three-story structure features three suites, with two currently available, ranging from 681 to 2,417 square feet. The property boasts a highly desirable location in the Columbia City submarket, at the intersection of Rainier Avenue South and Alaska Street, just two blocks from the Link Light Rail. This strategic location provides excellent access to the surrounding communities of Seward Park, Hillman City, Beacon Hill, and Mt. Baker. The property is zoned NC3-65 and has an APN of 3929900010. Annual property taxes are $7 per square foot. This development is part of a larger 243-unit apartment community, creating a vibrant and densely populated area with high foot traffic. The property offers a unique opportunity to establish a thriving business within a thriving, established neighborhood. This is a rare opportunity to secure retail space in a newly constructed, high-traffic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.