
Seattle, WA 98118
Exceptional opportunity to acquire two side-by-side properties at 3857 and 3859 Rainier Avenue S, situated along Seattle's highly traveled Rainier Avenue corridor. Zoned NC2-55 (Neighborhood Commercial 2) with a 55-foot height limit, these properties offer outstanding potential for mixed-use commercial and residential development. No plans or survey available VALUE IS IN THE LAND! High traffic volume, excellent street visibility, and a major shopping center directly across the street provide an attractive setting for investors, builders, and developers. The established retail presence, surrounding businesses, and convenient access to public transportation Mixed-Use Flexibility: Potential uses include multifamily residential apartments, live-work units, retail spaces, offices, restaurants, subject to City of Seattle zoning regulations and approvals Strategically located with convenient access to downtown Seattle, Renton, and Tukwila, this established urban corridor offers excellent connectivity to surrounding residential neighborhoods, shopping, dining, and business districts PROPERTY ACCESS: Access to the property grounds is available by appointment. No interior access to existing buildings until after mutual acceptance Buyer to verify zoning, permitted uses, height restrictions, density, property conditions, and development feasibility with the City of Seattle Also listed as Vacant Land. See adjacent property at 3857 Rainier Avenue S, MLS#2589591
Property is land value only, full reconstruction required.
Built in 1926, the property is nearly 100 years old and the listing explicitly states 'VALUE IS IN THE LAND.' It is being marketed as a development site for mixed-use commercial/residential projects, with no interior access allowed and a cross-listing as vacant land, confirming the existing structure is obsolete.
The NC2-55 zoning and 55-foot height limit provide significant upside for high-density mixed-use, multifamily, or commercial development in a high-demand urban corridor.
Located on the high-traffic Rainier Avenue corridor directly across from a major shopping center, the site offers exceptional street exposure and foot traffic for retail or office use.
The property features excellent access to public transportation and major hubs including downtown Seattle, Renton, and Tukwila, making it highly attractive for future residential tenants.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
The value is strictly in the land and no interior access is granted until mutual acceptance, indicating the existing 1926 building is likely a tear-down requiring demolition costs.
With no existing surveys or development plans provided, the buyer must assume the full cost and time commitment for feasibility studies and zoning verification.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,060 | 1,801.924 |
| Lot Size | 2,790 | 4,494.536 |
| Price | $379.0K | $974.4K |
| Price per sq ft | $358 | $569 |
| Built year | 1926 | 1948 |
| HOA | $0 | $78 |
| Days on market | 9 | 35 |
Oct 15, 2026
$379,000
Initial Listing
Sep 27, 1989
$32,000
Public Record