Property Details
11427 Rainier Ave S
Seattle, WA 98178
$2,095,000
Available
CBA# 713755 courtesy of CBA
Listing firm: NAI Puget Sound Properties
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Property Overview
Fully Stabilized, Turnkey Asset100% Occupancy Across All Seven Units — 4 Retail + 3 Apartment UnitsAll Tenants Have Recently Signed New Leases or RenewedBrand New 5-Year NNN Lease on the Corner Restaurant SpaceAttractive Current Cap Rate of 7.16%Full Renovation in 2020 – Remodeled Every Unit, New Roof, HVAC, Lighting, Etc.6,440 SF Building with Excellent Frontage along Rainier Ave South
Property Details
Property Information
Property Type
Commercial Sale
Status
Available
County
King
Listed
Jul 23, 2026
Financial Summary
Cap Rate
7.00%
Building & Use
Building Sq Ft
6,440
Leasable Area
6,440 sqft
Total Units
8
Zoning
NB
Possible Use
Retail,Multi-Family
Year Built
1946
Exterior & Lot
Year Built
1946
Location
City
Seattle
County
King
Coordinates
47.50030, -122.22100
