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Wellspring Family Services 1900 Rainier Ave S

33,506 SF 67% Leased Office Building Seattle, WA 98144 $17,064,001 CAD ($509 CAD/SF)

Office Space Washington Seattle 1900 Rainier Ave S, Seattle, WA 98144

Investment Highlights

  • For sale or lease
  • Close to Nearby Amenities
  • 10 Minute drive to/from downtown Seattle
  • Easy access from I-90 and I-5

Executive Summary

We are pleased to present the opportunity to lease or acquire 1900 Rainier Ave S, which is located in the dynamic Rainier Avenue/Martin Luther King Way Corridor. This corridor has recently experienced a surge in development activity, with a substantial pipeline of upcoming developments, including several proposed projects within a mile radius of the property. Ideally positioned to benefit from the robust growth and investment, the property offers several key opportunities. The 3rd floor is currently vacant and available for lease, while the 2nd floor features small private offices available for lease. This makes for an ideal owner-user opportunity with significant future redevelopment potential due to NC3-75 (M) zoning.

Attachments

Sale Brochure

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
33,506 SF
Building Class
B
Year Built
2009
Price
$17,064,001 CAD
Price Per SF
$509 CAD
Percent Leased
67%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,000 SF
Building FAR
0.81
Lot Size
0.95 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
NC3-75 (M)
Parking
36 Spaces

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Floor
  • 150-1,200 SF
  • Office
  • Full Build-Out
  • 30 Days
1900 Rainier Ave S, Seattle, WA for sale Floor Plan- Image 1 of 1
Floor Plan

Eight 150 SF suites available on the second floor.

  • 3rd Floor
  • 3,273-11,039 SF
  • Office
  • Full Build-Out
  • Now
1900 Rainier Ave S, Seattle, WA for sale Floor Plan- Image 1 of 1
Floor Plan

LOCATION FEATURES 10-minute walk to Mt. Baker Light Rail Station. Walking distance to QFC, Bartell Drugs, McDonald's, Subway, Wendy's, Toshio’s Teriyaki. Only a 10-minute drive to/from downtown Seattle or Mercer Island and a 15-minute drive to/from downtown Bellevue. 88 Walk Score, 70 Transit Score, and 84 Biking Score.

Space Size Space Use Condition Available
2nd Floor 150-1,200 SF Office Full Build-Out 30 Days
3rd Floor 3,273-11,039 SF Office Full Build-Out Now

2nd Floor

Size
150-1,200 SF
Space Use
Office
Condition
Full Build-Out
Available
30 Days

3rd Floor

Size
3,273-11,039 SF
Space Use
Office
Condition
Full Build-Out
Available
Now
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1900 Rainier Ave S, Seattle, WA for sale Floor Plan- Image 1 of 1
Floor Plan

2nd Floor

1900 Rainier Ave S, Seattle, WA for sale Floor Plan- Image 1 of 1
Floor Plan
Size 150-1,200 SF
Space Use Office
Condition Full Build-Out
Available 30 Days

Eight 150 SF suites available on the second floor.

1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1900 Rainier Ave S, Seattle, WA for sale Floor Plan- Image 1 of 1
Floor Plan

3rd Floor

1900 Rainier Ave S, Seattle, WA for sale Floor Plan- Image 1 of 1
Floor Plan
Size 3,273-11,039 SF
Space Use Office
Condition Full Build-Out
Available Now

LOCATION FEATURES 10-minute walk to Mt. Baker Light Rail Station. Walking distance to QFC, Bartell Drugs, McDonald's, Subway, Wendy's, Toshio’s Teriyaki. Only a 10-minute drive to/from downtown Seattle or Mercer Island and a 15-minute drive to/from downtown Bellevue. 88 Walk Score, 70 Transit Score, and 84 Biking Score.

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Walk Score ®
Very Walkable (87)
Transit Score ®
Excellent Transit (71)
Bike Score ®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 149830-2455 Improvements Assessment $7,695,970 CAD
Land Assessment $9,468,224 CAD Total Assessment $17,164,194 CAD

PROPERTY TAXES

Parcel Number
149830-2455
Land Assessment
$9,468,224 CAD
Improvements Assessment
$7,695,970 CAD
Total Assessment
$17,164,194 CAD
(425) 417-5078

Contacts

  • Listing ID: 32734911

  • Date on Market: 2024-08-08

  • Last Updated:

  • Address: 1900 Rainier Ave S, Seattle, WA 98144

The Office Property at 1900 Rainier Ave S, Seattle, WA 98144 is currently available for sale. Contact Lee & Associates Commercial Real Estate Services for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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1900 Rainier Ave S, Seattle, WA for sale Primary Photo- Image 1 of 4
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1900 Rainier Ave S, Seattle, WA for sale Building Photo- Image 2 of 4
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1900 Rainier Ave S, Seattle, WA for sale Building Photo- Image 3 of 4
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Wellspring Family Services | 1900 Rainier Ave S
(425) 417-5078 x

Wellspring Family Services | 1900 Rainier Ave S

1/3

Stuart Williams

(425) 417-5078

(425) 417-5078

McCallum Mead

(425) 922-4160

(425) 922-4160

Scott Rowe

(425) 818-2655

(425) 818-2655

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