5212 Rainier Ave S - Freestanding FOR SALE


Seattle, WA 98118- Columbia City
$2,250,000 USD
425-228-6656
5212 Rainier Ave S, Seattle, WA for Sale
$2,250,000 USD
Freestanding - FOR SALE
1/2
null | Request Cap Rate

Oct '27


5212 Rainier Ave S
Seattle, WA 98118
Columbia City


HIGHLIGHTS

  • Strong Rainier Ave S frontage
  • High-demand redevelopment corridor ideal for mixed use
  • Restaurant tenant provides interim income

OVERVIEW

Prime Rainier Valley redevelopment opportunity in the heart of one of Seattle’s fastest-evolving urban corridors. 5212 Rainier Ave S offers 7,888 SF of NC2-55(Neighborhood Commercial) zoned land with 55’ height, mixed-use flexibility, and FAR potential of 3.75, supporting 29,580 GSF. This is a rare mid-block parcel with clean geometry and excellent street frontage with high visibility, high connectivity and high traffic in vibrant Columbia City—ideal for multifamily, mixed-use, or live-work concepts. The property includes a 3,530 SF commercial structure and on-site parking currently leased to a long-standing restaurant tenant, providing income during design and permitting. The site sits directly along the Rainier Ave S growth spine, surrounded by active redevelopment, improved transit access, and sustained demand for new housing.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$637 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,888 SF

ZONING

NC2-55

APN/PARCEL ID

564960-0050

ASK ABOUT THIS PROPERTY

Reena BhatiaEndres Law FirmMore Info
425-228-6656

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Reena BhatiaEndres Law FirmMore Info
425-228-6656

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.