11625 Rainier Ave S $1,350,000


    11625 Rainier Ave S Seattle, WA 98178

    • 0.40 Acres
    • Commercial/Industrial
    Listing# 1377202
    SOLD 8/27/2019


    Days On Market: 76 7 Views
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    Property Details

    Low maintenance. Newer office Building with six spaces, fully occupied, plenty of parking on the rear and off street. Each unit has its own entry, bathroom, and their own sink area, each floor has their AC and heating. Large windows, offices on 2nd and 3rd floor has options to connect together. Conveniently located by the North end of the Renton airport, on bus line, minutes to the Renton Landing, Sea-Tac. airport and downtown Renton with park and ride, easy access to I-5, I-405 and I-167.

    • General Features
      • County King
      • Approx Building SqFt 4,860
      • Approx Office SqFt 4,860
      • Approx Whse/Mfg SqFt 0
      • Zoning Class Business, Commercial
      • Style 60-Comm Bldg Und 10K
      • Total Covered Parking 0
      • Total Uncovered Parking 16
      • Zoning Jurisdiction County
    • Building Features
      • Exterior Wood Products
      • Foundation Poured Concrete
      • Roof Flat
      • Floor Covering Vinyl, Wall-to-Wall Carpet
      • Heating and Cooling Forced Air
    • Property Features
      • Depth of Lot 0
      • Site Frontage 0
      • Water-Sewer-Garbage 5521
      • Sewer Sewer Available, Sewer Connected
      • Sewer Company Skyway
      • Energy Source Electric
      • Power Company Seattle City Light
      • Number of Available Pads 0
      • Pad Ready Y
      • Lot Square Footage 17,225
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 4,860
      • Total Monthly Rent $6,279
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 5.00
      • Gross Scheduled Income $96,521
      • Gross Adjusted Income $70,611
      • Total Expenses $25,910
      • NOI $0
      • Electrical Expenses $3,110
      • Tax Expense $14,673
      • Heating Expense $0
      • Insurance Expense $1,191
      • Other Expenses $1,412
      • Tax Year 2018
      • Annual Assoc. Dues $0


    98178 (Seattle) Demographics

    38Median Age
    5,415Population Density (per sq. mile)
    35%College Educated
    $63,921 Estimated Median Income
    5,260Estimated Total Home Owners
    3,713Estimated Total Renters
    59% / 41%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    26,251Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $424,750 Median Sales Price
    28 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        8/27/2019 12:00:00 AM Sold Source New Value: $1,350,000
        8/21/2019 1:22:11 PM Status Changed Source New Value: Pending
        7/18/2019 8:21:58 AM Status Changed Source New Value: Contingent

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.