Skip To Content

11463 Rainer Avenue S

Seattle, WA 98178
  • $1,890,000
  • STATUS: Pending
  • ON SITE: 259 Days
  • ID#: 1723782
Under Contract
$1,890,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1968
County:

School Ratings & Info

Listing Courtesy of Real Home Network.

Description

Listing includes multi tenant with renewed lease. Property includes two separate lots and buildings (Tax ID: 413680-0135-00 (5,343 sqft) and 118000-1765-03 (6,250 sqft)). Tenant mixture includes dry clean, bakery, and cannabis shop. All rents are paid up to date. Annual gross rent is $102,000. Seller will consider owner financing with 50% down payment for three years. Building 100% leased. All tenant paid rent all through the pandemic.

Monthly Payment Calculator



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-20T00:14:47.633.

www.costelloteam.com/homes/113863445
Print Image

11463 Rainer Avenue S Seattle, WA 98178

  • Price: $1,890,000
  • Status: Pending
  • ID#: 1723782
0
Beds
0
Baths
0
½ Baths
0.27
Acres
1968
Built
Neighborhood:
Rainier Beach
County:
King
Area:
Southeast Seattle
Property Description
Listing includes multi tenant with renewed lease. Property includes two separate lots and buildings (Tax ID: 413680-0135-00 (5,343 sqft) and 118000-1765-03 (6,250 sqft)). Tenant mixture includes dry clean, bakery, and cannabis shop. All rents are paid up to date. Annual gross rent is $102,000. Seller will consider owner financing with 50% down payment for three years. Building 100% leased. All tenant paid rent all through the pandemic.
Exterior Features

Carport YN No Exterior Features Brick Open Parking YN No Parking Total 10 Roof CompositionFlatTorch Down Structure Type Retail Style Code 75 - Retail Topography Level

Interior Features

Building Area Total 0 Fireplace YN No Flooring Ceramic TileConcreteEngineered HardwoodStone Furnished Unfurnished Heating Cooling Type Radiator Heating YN Yes Interior Features Ceramic Tile Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Electric On Property YN No Energy Source ElectricNatural Gas FIRPTAYN No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 12 And 3 Net Operating Income 75000 Possession Closing Possible Use BusinessCommercial Power Production Type ElectricNatural Gas Property Condition Average Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 1087700 Tax Year 2020 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Company Water District Water Source Public Zoning Class BusinessCommercial Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Costello Team | Windermere Real Estate and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-20T00:14:47.633.

 
https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1723782-1.jpg
Logo
Costello Team | Windermere Real Estate
100 116th Ave SE
Bellevue WA, 98004
Listing Courtesy of Real Home Network.