Bought with Skyline Properties, Inc.
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11463 Rainer AVE S Seattle, WA 98178
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Key Details
Sold Price $1,890,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Rainier Beach
MLS Listing ID 1723782
Sold Date 10/22/21
Style 75 - Retail
Year Built 1968
Annual Tax Amount $1,087,700
Lot Size 0.266 Acres
Property Description
Listing includes multi tenant with renewed lease. Property includes two separate lots and buildings (Tax ID: 413680-0135-00 (5,343 sqft) and 118000-1765-03 (6,250 sqft)). Tenant mixture includes dry clean, bakery, and cannabis shop. All rents are paid up to date. Annual gross rent is $102,000. Seller will consider owner financing with 50% down payment for three years. Building 100% leased. All tenant paid rent all through the pandemic.
Location
State WA
County King
Area 380 - Southeast Seattle
Interior
Interior Features Radiator, Ceramic Tile, Concrete
Flooring Ceramic Tile, Concrete, Engineered Hardwood, Stone
Fireplace false
Exterior
Exterior Feature Brick
Utilities Available Sewer Connected, Electricity Available, Natural Gas Connected
Roof Type Composition, Flat, Torch Down
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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