5614 Rainier Ave S, Seattle, WA

Land for Sale - $855,000 - 2,592 Sq. Ft.


Agent Info

Josh Strok
Coldwell Banker Commercial Danforth

Property Info

CIMLS#1174183
Location
  5614 Rainier Ave S
  Seattle WA 98118
UpdatedApril 4th, 2025
TypeLand
Price$855,000
Building2,592 Sq. Ft.

Property Description

5614 Rainier Ave S offers a prime development opportunity in the heart of Hillman City, just south of Columbia City in South Seattle. Zoned NC2P-55(M), the site supports mixed-use projects up to 55 feet—perfect for street-level retail with housing or office space above.

The existing 2,592 SF structure is in poor condition, but the property features strong visibility along a high-traffic stretch of Rainier Ave, with three rear parking spaces and nearby transit access.

The seller has previously drafted plans and secured permits for a mixed-use building with ground-floor commercial and studio apartments above—available with a signed LOI. Ideal for housing, creative office, or neighborhood retail in one of Seattle’s most active growth corridors.


Financials


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