About this home

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 VALUE IS IN THE LAND! High traffic volume, excellent street visibility, 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 enhance the location's commercial appeal Mixed-Use Flexibility: Potential uses include multifamily residential apartments, live-work units, retail spaces, offices, and 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. Adjacent property at 3857 Rainier Avenue S, MLS #2589602

Around this home

Property details

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• Hawthorne Elementary School

  Public · Grades K-5 · 0.3 mi · State rank 186 of 1,138
  8/10
• Mercer International Middle School

  Public · Grades 6-8 · 1.1 mi · State rank 82 of 514
  8/10
• Franklin High School

  Public · Grades 9-12 · 0.6 mi · State rank 158 of 396
  6/10

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.

Market pulse

Seattle is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

• Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

• List to sale price: The average home sells very close to list price.

• Time on market: The average home goes pending in around 57 days.

Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.