927 Rainier Ave S, Seattle, WA 98144 - Property for Sale
Available For Sale - Industrial , Warehouse
9,970 SF
|
Show Pricing $
AVAILABILITY DETAILS
- Size
- 9,970 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA540647
- Notes
- Lee & Associates is pleased to exclusively offer for sale the Glassworks Building located at 927 Rainier Ave South in the vibrant and growing Judkins Park neighborhood of Seattle, WA. The Glassworks Building occupies a high-visibility, 14,791 square foot hard corner on Rainier Avenue South at South Norman Street. Offering unsurpassed accessibility, the property is just two blocks from the upcoming Judkins Park light rail station at I-90 & Rainier Avenue South and is moments away from both I-90 and I-5 freeway entrances. The immediate area also has very strong demographics with a population of over 131,897 and an Average Household Income of over $121,908 in a 2-mile radius from the subject property. The property is presently configured as creative office above light manufacturing and storage spaces. In addition to creative workspace, the building has a fenced & gated yard and is served by heavy power to accommodate a range of unique uses. In July 2023 Seattle approved an up-zone from IG-65 to NC3-75 (M2). This new zoning allows for a wide range of commercial and mixed-uses. Further rezoning is anticipated in 2024 with strong potential for inclusion within an Urban Village or similar overlay, allowing for transit-oriented development with minimal parking requirements. The property also falls within an Opportunity Zone, enabling potential tax benefits for redevelopment. The property is presently occupied by the Seller who would vacate on a sale-accommodative timeline. Offers to be reviewed on a rolling basis. Please do not disturb tenants or their staff. Contact listing agent for tours.
- Uses
- Industrial
Warehouse
Other Availability in this Property
| Space/Suite | Square Feet | Type | Uses | Asking Rent/Price | ||
|---|---|---|---|---|---|---|
| 9,970 SF | Sale | Industrial, Warehouse | Show Pricing $ | chevron_right |
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Stren Lea, Lee & Associates
Stren Lea, Lee & Associates
