The Rainier Beach Development Site is a shovel-ready, 6,000 SF LR3 (M2) parcel in an established Urban Village. The Master Use Permit is approved and active through September 2028—no City review delay—and 100% of the architectural and engineering fees are fully paid, with all plans conveying to the buyer at… Read More closing.Approved for 42 apartment units, this transit-oriented site requires no parking, maximizing buildable square footage. It qualifies for Seattle's 12-Year MFTE Program and sits within a designated Opportunity Zone for added tax incentives.Walk Score of 81, with a 5-minute walk to the Rainier Beach Light Rail Station, Community Center, and Safeway. Offered at $101 per square foot—a rare, permit-ready foundation in one of Seattle's fastest-evolving submarkets. Read Less
Listing courtesy of Northmarq Multifamily, LLC
Listing Snapshot
Cumulative Days On Market
399
Days on Website
40
Last Updated
Property Type
Land
Lot Size
0.14 Acres
Property Tax
$3,119
MLS Number
2541768
30 Days Snapshot Of 98118
$866k
+1%
(avg) sold price
43
+16%
homes sold
45
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface: Paved
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Elevation Units: Feet, Living Area: 0, Structure Type: None
Fireplaces
Fireplaces Total: 0
Home Owner's Association
Association Fee: $0
Lot
Features: Paved, 0 acres, 6000 square feet, Dimensions: 46.5' x 141.3', View: City, Lake, Territorial
Based on information submitted to the MLS GRID as of . 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. Listings last updated on ,
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