9040 9050 Rainier Avenue S, Seattle, WA 98118 | MLS #NWM2499976 | Berkshire Hathaway HomeServices Northwest Real Estate  
 
Listing provided courtesy of Windermere Real Estate Co.NWMLSas Distributed by MLSGrid- MLS# NWM2499976MLS Provider

9040 9050 Rainier Avenue SSeattle, WA 98118

Commercial · 0.55 Acres
$3,999,950 Active

9040 9050 Rainier Avenue S Overview

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Reduction, elimination or pausing of MHA fees currently under strong consideration by the City of Seattle. Hopefully a very favorable decision will come soon. Make your offers subject to satisfactory amendment to MHA Fees. A chance for you to make a very good transaction. Seller will accept less and subject to amendment of MHA fees. A win win for you on a great site. Owner Anxious to sell, says bring any and all offers. Prime 23,800 Square Foot 140x170 Level Corner Commercial Development Site/Lot with Maximum street Visability with High Traffic count in the Heart of the Rainier Beach Business District that includes Safeway, Safeway Gas Station, Brand New Starbucks, Seattle Public Library, Bank of America Building, Key Bank, Subway Shop, Washington Federal Bank, , McDonalds, KFC/Taco Bell, Planet Fitness, Dollar Tree Store, Burrito California Restaurant, Rainier Beach Dental Clinic 140 Feet Frontage on Rainier Ave South 170 Feet Frontage on South Director Street Three Parcels: ALL PARCELS IN THE OPPORTUNITY ZONE, URBAN CENTER, FREQUENT TRANSIT SERVICE AREA, DESIGN REVIEW EQUITY AREA. Parcel A 9040 Rainier Ave South Current Use Office 3704 SF 75x110, 8250 Square Feet, Zoned NC3P-55(M) Parcel B 9050 Rainier Ave South. Current Use Retail, 1440 Square Feet 65x110, 7150 Square Feet Zoned NC3P-55(M) Parcel C 5112 South Director Vacant Lot 60x140, 8400 Square Feet, Zoned NC3-55(M) UNDER NO CIRCUMSTANCES DISTURB THE TENANTS!!

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9040 9050 Rainier Avenue S Facts & Features

  • Type Commercial
  • Lot 0.55 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Electric Expense: 1175
  • Gross Scheduled Income: 76800
  • Insurance Expense: 3998
  • Net Operating Income: 43453
  • Total Expenses: 33346
  • Water/Sewer/Garbage: 2667

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 380 - Southeast Seattle
  • Subdivision Name: Rainier Beach

Tax Information

  • Tax Annual Amount: $25,506.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 4265700004
  • Possible Use: Commercial
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 5144
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 20
  • Parking Uncovered Total: 20

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.5464
  • Lot Size Dimensions: 140x170
  • Lot Size Square Feet: 23800
  • Lot Size Units: Square Feet
  • Site Frontage: 140
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Roof: Flat
  • Structure Type: Unspecified

General Information

  • Carport: No
  • Number Of Units Total: 3
  • Sewer: Sewer Connected

Unit Information

Unit 2 Details

  • Unit Type: Office
  • Actual Rent: 2700

Unit 1 Details

  • Unit Type: Office
  • Actual Rent: 3400

Unit 3 Details

  • Unit Type: Retail
  • Actual Rent: 3000

9040 9050 Rainier Avenue S Neighborhood

Community

98118 (Seattle) Demographics

38
Median Age
5,537
Population Density (per sq. mile)
52%
College Educated
$85,541
Estimated Median Income
10,763
Estimated Total Home Owners
7,314
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

9040 9050 Rainier Avenue S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

9040 9050 Rainier Avenue S Market Data

Based on the last 30 days in this zip code

$819,485
Average List Price
$485
Average Price per Square Foot
36
Properties Sold
67
Average Days on Market
210
Properties for Sale
Calculations provided by Reliance Network

9040 9050 Rainier Avenue S History

Date Event Value Agent
4/3/2026Source: NWMLS Added to Database
April 03, 2026