927 Rainier S Ave Seattle, WA 98144

This exceptional 9,970-square-foot industrial property, located at 927 Rainier Ave S in Seattle, WA, presents a unique investment opportunity. The building, constructed in 1906 and renovated in 1980, features a two-story design and sits on a 14,761-square-foot lot. Currently vacant and available for immediate occupancy starting January 1, 2024, this Fee Simple owned property offers a flexible layout suitable for various uses, including flex space, warehouse, and manufacturing. The property boasts one dock-high door, heavy power, and a secure fenced yard. Zoned NC3-75(M2), it benefits from its location near the Judkins Park light rail station and major freeways (I-5 and I-90), providing excellent accessibility. The asking price is $3,250,000 ($325.98/SF), with land valued at $220.17/SF. The property's location within an Opportunity Zone offers potential tax advantages. Seller financing is available. The property consists of three parcels (APN: 713380-0205, 713380-0175, 713380-0170). This prime location, combined with the building's features and zoning potential, makes it an attractive investment for owner-users seeking a versatile industrial space in a rapidly developing area. Further rezoning is anticipated in 2024, potentially allowing for transit-oriented development.