Property Details
5200 Rainier Avenue S
Seattle, WA 98118
$1,575,000
Active
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Property Overview
Price Reduced! Investment Opportunity! Beautiful Commercial Building in Columbia City and a big Diamond in the heart of Hillam City.. Present it is a Medical Clinic. Building has 5 offices and 1.5 baths. The property could be used for many different businesses, or it could redeveloped. Zoning NC255 (M). Don't miss out on this rare opportunity to owe the commercial property. It closes to I5, I90, shopping centers and restaurants. Now t is the time to invest. Buyer/broker to verify all information. Bring your buyers and make an offers.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
King
Neighborhood
Columbia City
Listed
Aug 11, 2025
Original Price
$1,580,000
Financial Summary
Cap Rate
4.10%
Net Operating Income
$73,352
Gross Scheduled Income
$139,614
Building & Use
Zoning
Commercial
Possible Use
Commercial
Year Built
1986
Exterior & Lot
Lot Size
0.20 sqft
Year Built
1986
Sewer
Sewer Connected
Water Source
Public
Location
City
Seattle
County
King
Coordinates
47.55593, -122.28312
Additional Information
Tax Year
2023
Annual Taxes
$10,569
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 4:34 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
