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- LoopNet Team
3215 Rainier Ave
Seattle, WA 98144
3215 Rainier Ave S · Land For Sale
·
0.37 AC
Investment Highlights
- Two blocks from Mount Baker Light Rail Station with access to downtown Seattle in 15 minutes and University of Washington in 22 minutes
- Revitalizing corridor with significant redevelopment in the immediate area
- Light rail provides direct access to downtown Seattle and expanding Eastside employment hub
- Feasibility study proposed 125 multifamily units in an eight-story building
Property Facts
Description
Mount Baker TOD provides a rare opportunity for a developer to acquire a well-located urban development site adjacent to the Mount Baker light rail station. The 16,200-square-foot Site sits in the heart of the Mount Baker’s neighborhood transformation as numerous developments are either under construction or in planning in the immediate area. The incredible growth of the area reflects the Site’s excellent access to Seattle’s major employment centers. Light rail offers a 15-minute commute to Seattle’s central business district and 22 minutes to the University of Washington. Notably located just over a mile from the Judkins Park Light Rail Station, the Site will provide unparalleled access to the Eastside and the significant job growth occurring in the region. Zoned SM-NR 95 (M), a feasibility study conducted by Caron Architecture proposes 125 multifamily units in an eight-story building.
Property Taxes
| Parcel Numbers | Improvements Assessment | $69,100 | |
| Land Assessment | $2,268,000 | Total Assessment | $2,337,100 |
Property Taxes
