Listing Broker: Windermere Real Estate Co.; Nick Upshaw; 206-328-0889; NickUpshaw@Windermere.com
$2,999,950
Est. $16,145/mo9040 9050 Rainier Avenue S, Seattle, WA 98118
• Listed Nov 13, 2026•209 days active · 209 cumulative
Listing Broker: Windermere Real Estate Co.; Nick Upshaw; 206-328-0889; NickUpshaw@Windermere.com
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Listing Broker: Windermere Real Estate Co.; Nick Upshaw; 206-328-0889; NickUpshaw@Windermere.com
About this home
Three Parcels, 9040 Rainier Ave South, Office Building, 9050 Rainier Ave South, Retail, adjoing lot to East 5112 South Director Street. Owner Anxious to sell, says bring any and all offers. Prime 23,800 Square Foot 140x170 Level Corner Commercial Development Site/Lot with Maximum street Visibility with High Traffic count in the Heart of the Rainier Beach Business District that includes Safeway, Safeway Gas Station, Brand New Starbucks, Seattle Public Library, Bank of America Building, Key Bank, Subway Shop, Washington Federal Bank, , McDonalds, KFC/Taco Bell, Planet Fitness, Dollar Tree Store, Burrito California Restaurant, Rainier Beach Dental Clinic 140 Feet Frontage on Rainier Ave South 170 Feet Frontage on South Director Street Three Parcels: ALL PARCELS IN THE OPPORTUNITY ZONE, URBAN CENTER, FREQUENT TRANSIT SERVICE AREA, DESIGN REVIEW EQUITY AREA. Parcel "A" 9040 Rainier Ave South Current Use Office 3704 SF 75x110, 8250 Square Feet, Zoned NC3P-55(M) Parcel "B" 9050 Rainier Ave South. Current Use Retail, 1440 Square Feet 65x110, 7150 Square Feet Zoned NC3P-55(M) Parcel "C" 5112 South Director Vacant Lot 60x140, 8400 Square Feet, Zoned NC3-55(M) UNDER NO CIRCUMSTANCES DISTURB THE TENANTS!!
Listed by Nick Upshaw • Windermere Real Estate Co.
Listing updated: November 13, 2026 at 02:20pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2603609
Around this home
How much should you offer?
9040 9050 Rainier Avenue S, Seattle, WA 98118
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Comm Bldg Und 10K
Flooring
- Laminate
Heating & cooling
- Baseboard heating
Schools
Ratings via SchoolDigger- South Shore Pk-8 SchoolPublic · Grades PK-8 · 0.1 mi · State rank 799 of 1,1382/10
- Aki Kurose Middle SchoolPublic · Grades 6-8 · 1.8 mi · State rank 266 of 5144/10
- Rainier Beach High SchoolPublic · Grades 9-12 · 0.2 mi · State rank 261 of 3964/10
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.
Commercial facts
As entered by the listing broker on Northwest MLS
Building
- Building square feet
- 5,144 sq ft
- Office square feet
- 3,704 sq ft
- Expansion area
- false
- Year built
- 1961
- Environmental survey
- No
Parking & site
- Parking spaces
- 20
- Uncovered parking
- 20
- Acres
- 0.55 acres
- Lot square feet
- 23,800 sq ft
- Zoning jurisdiction
- City
Income & lease
- Gross scheduled income
- $76,800
- Net operating income
- $43,453
- Cap rate
- 1.09%
- Square feet rented
- 5,144 sq ft
- Total expenses
- $33,346
Taxes & terms
- Annual taxes
- $25,506
- Tax year
- 2026
- Total assessed value
- $2,161,100
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
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Sales & Tax Records for 9040 9050 Rainier Avenue S
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Nov 13, 2026ListedNWMLS via MLS Grid · #2603609$2,999,950
- Mar 26, 1996Recorded saleKing County recorder · Statutory warranty deed$245,000
Mortgage payment forecast
$19,021 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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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Listing Broker: Windermere Real Estate Co.; Nick Upshaw; 206-328-0889; NickUpshaw@Windermere.com
Market pulse
Seattle is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 62 days.
Recent sales nearby
Within 1 mile · last 6 months$790,000 Sold
2 days ago
3 bd•1.5 ba•~1,440 sq ft•Single Family
9612 55th Avenue S, Seattle, WA 98118
1%
Under list
44
Days on market
0.5 mi
Distance
$588,000 Sold
1 week ago
2 bd•1.75 ba•~1,668 sq ft•Single Family
3809 S Trenton Street, Seattle, WA 98118
0%
Over list
43
Days on market
0.7 mi
Distance
$620,000 Sold
1 week ago
2 bd•1 ba•~1,620 sq ft•Single Family
8116 48th Avenue S, Seattle, WA 98118
1%
Under list
57
Days on market
0.5 mi
Distance
$630,000 Sold
2 weeks ago
2 bd•2 ba•~1,500 sq ft•Single Family
8344 Beacon Avenue S, Seattle, WA 98118
0%
Over list
16
Days on market
0.9 mi
Distance
$885,000 Sold
4 weeks ago
3 bd•1.5 ba•~2,043 sq ft•Single Family
7944 Seward Park Avenue S, Seattle, WA 98118
0%
Over list
21
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 15, 2026 at 10:13 AM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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