3207 Rainier Avenue S · Seattle, WA 98144
Source: NWMLS · Realogics Sotheby's Int'l Rlty · Keith McKinney #NWM2501253
About this home
These strategically positioned parcels with leased 3384sf office building offer a unique opportunity to develop a Middle Housing, Multifamily or Mixed-use project adjacent to the Mount Baker light rail station. Combined, these fully fenced parcels total 16,200sf and are situated within the popular Mount Baker neighborhood. The impressive growth in the area is a testament to the site’s exceptional location and proximity to Seattle’s employment centers. Zoned SM-NR 95 (M), a feasibility study has been conducted by Axis/Caron Architecture envisioning the development of a 5-8-story building housing up to 125 MF or Condominium units. Recent zoning upgrades have increased the opportunity to develop affordable housing alternatives on this site also. Sale and Lease-Back terms are negotiable so don't miss this!
Location
Basics
- Property type
- Commercial Industrial
- Style
- Comm Bldg Und 10K
- Condition
- Good
- Year built
- 1955 (renovated 1999)
- Lot size
- 16,200 sq ft (0.37 acres)
- County
- King
- MLS #
- NWM2501253
Interior
- Heating
- None
- Cooling
- None
Exterior & lot
- Exterior features
- Brick
- Roof
- Flat
- Topography
- Level
Parking
- Parking spaces
- 32
Utilities
- Water
- Public
- Sewer
- Sewer Connected
Community & fees
- Subdivision
- Mt Baker
- Property tax
- $25,027 (2025)
Transaction
- Original list price
- $4,500,000 (16.7% price cut)
- Listed on
- Apr 13, 2026
- Days on market
- 160
- Listing terms
- Cash
- Possession
- Closing, Subject To Tenant Rights
More homes nearby
Schools
- High
- Franklin High SchoolSchoolDigger 2 stars · Top 56% in WA

Listing provided courtesy of: Realogics Sotheby's Int'l Rlty
Listing agent: Keith McKinney.
Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-17.