Prime Columbia City LR3 (M) Site - Fully Rented Income Property Outstanding investment opportunity along the MLK transit corridor. This LR3 RC (M)-zoned property sits just blocks from the Columbia City Light Rail Station and is fully rented, providing immediate income while offering strong long-term redevelopment potential. The site features gentle topography, solid solar exposure, and frontage along a major arterial with full sidewalks and light rail transit access. 5 minutes walk Surrounded by single-family, townhome, and multifamily developments, this location supports a wide range of future residential uses. Perfect for investors seeking cash flow now with development upside later in one of Seattle's fastest-growing urban villages.
| MLS # | 2544198 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 86 |
| Listing Provided By | Skyline Properties, Inc. | Carolyn Zheng |
| SQ Feet | 2,736 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Zoning | Commercial |
| Acreage | 0.14 |
| Property View | Yes |
| Property | 9516 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98118 |
| Area | 385 SODO | Beacon Hill |
| Community Name | Columbia City |
| School District | Franklin High |
| Elementary School | M L King Elem |
| High School | Franklin High |
| Listing VS Median (in Columbia City) | |
Price: $2,500,000 low | high Med: $744,950 sqft: 2,736 low | high Med: 1,071 $ / sqft: $914 low | high Med: $715 On site: 86 low | high Med: 39 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98118 |
| Area | 385 SODO | Beacon Hill |
| Community Name | Columbia City |
| School District | Franklin High |
| Elementary School | M L King Elem |
| High School | Franklin High |
| Listing VS Median (in Columbia City) | |
Price: $2,500,000 low | high Med: $744,950 sqft: 2,736 low | high Med: 1,071 $ / sqft: $914 low | high Med: $715 On site: 86 low | high Med: 39 | |