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Rainer Valley
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For Sale 45 Days Online
$3,500,000
16,200 Sqft Lot
No Garage
3207 & 3215 Rainier Ave S Seattle WA 98144
This property presents a unique opportunity for developers to acquire a strategically positioned development site adjacent to the Mount Baker light rail station. The 16,200-square-foot parcel is situated within the Mount Baker neighborhood, with a myriad of developments either underway or in the planning stages. The remarkable 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 conducted by Caron Architecture envisions the development of an eight-story building housing 125 multifamily units.
Offer Review
Will review offers when submitted
NWMLS Listing #
2194173
Listed by
Nick Hemming, Paragon Real Estate Advisors
Cathy Jeney, Paragon Real Estate Advisors
Contact our
Rainer Valley
Real Estate Lead
Wicklund Real Estate
Phone...
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Property History
Mar 20, 2024
Listed
$3,500,000
NWMLS #2194173
More
Listing Details
  • Status
    For Sale
  • Price
    $3,500,000
  • Original Price
    Same as current
  • List Date
    March 20, 2024
  • Last Status Change
    March 20, 2024
  • Last Update
    March 20, 2024
  • Days on Market
    45 Days
  • Cumulative DOM
    46 Days
  • $/sqft (Total)
    --
  • $/sqft (Finished)
    /sqft
  • Listing Source
    NWMLS
  • MLS Number
    2194173
  • Listing Broker
    Nick Hemming
  • Listing Office
    Paragon Real Estate Advisors
Monthly Payment Estimate
  • Principal and Interest
    $17,698 / month
  • Property Taxes
    / month
  • Homeowners Insurance
    $244 / month
  • TOTAL
    $17,942 / month

  • based on 20% down
    ($700,000)
  • and a
    6.5% Interest Rate
Property Details
  • Sqft (Total)
    0 sqft
  • Sqft (Finished)
    Unspecified
  • Sqft (Unfinished)
    None
  • Property Type
    Parcel
  • Sub Type
    Multi-Family
  • Bedrooms
    Bedrooms
  • Bathrooms
    0 Bathrooms
  • Lot
    16,200 sqft Lot
  • Lot Size Source
    King County
  • Lot #
    Unspecified
  • Project
    Unspecified
  • Total Stories
    Unspecified
  • Sqft Source
    Unspecified
Property Tax Info
  • Property Taxes
    Unspecified
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Seattle
  • Elementary
    Unspecified
  • Middle
    Unspecified
  • High School
    Unspecified
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Parking
  • Covered
    Unspecified
  • Has Garage
    No
Construction
  • Home Builder
    Unspecified
Cooling
Heating
Interior
Property
Appliances
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash Out
    Conventional
Utilities
  • Sewer
    On Property
  • Water Source
    See Remarks
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2
  • MLS Area #
    Area 380
  • Number of Photos
    11
  • Last Modification Time
    Wednesday, March 20, 2024 4:57 PM
  • System Listing ID
    5300317
Update Info
  • First For Sale
    2024-03-20 09:59:19
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For Sale 45 Days Online
$3,500,000  
Offer Review: Anytime
Details 
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Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.
Neither Wicklund Real Estate nor any officer, agent, or employee of Wicklund Real Estate warrants the accuracy, reliability, or timeliness of any information on this website and shall not be liable for any losses caused by such reliance on the accuracy, reliability, or timeliness of such information. Any person or entity that relies on information obtained from this website does so at his or her own risk. The information contained in each listing has not been verified by Wicklund Real Estate. NWMLS listing data (indicated by the three trees icon) is provided (but not compiled) courtesy of the NWMLS.