$4,500,000
Active

3207 Rainier Avenue S

Seattle, WA 98144
Browse more homes in Seattle, WA
1955
Built
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!
3207 Rainier Avenue S
MORTGAGE CALCULATOR
$22,754
Estimate only — not a loan offer. Consult a lender for actual terms.

LISTING SNAPSHOT

Price$4,500,000
Bedrooms0
Full Baths0
Half Baths0
Inside Area (SqFt)N/A
Lot Size0.3719 Acres
Year Built1955
MLS® Number2501253
StatusActive
Property Tax25027
HOA/Condo/Coop FeesN/A

GENERAL

Acres0.3719
Additional Property UseMulti-Family, Residential, See Remarks
Lease TermShort Term Lease
Parking Spaces32
UtilitiesSewer Connected
Water SourcePublic
ZoningMulti-Family,Residential,See Remarks

EXTERIOR

Construction DetailsBrick, Steel Siding, Concrete
Lot FeaturesLevel
RoofFlat

COMMUNITY

Financing Terms AvailableCash
MLS Area380 - Southeast Seattle

RECENT ACTIVITY

April 13, 2026Active

Listing courtesy of Realogics Sotheby's Int'l Rlty

Courtesy of NWMLS
Listing courtesy of Keith McKinney of Realogics Sotheby's Int'l Rlty



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for 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. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-07-16 01:37 PM PDT

Comps

An estimate is not available for this listing.

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