3
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Listed by:Northmarq Multifamily, LLC • Taylor Wyman
$660,000
Est. payment /mo
6,000 Sqft Lot
New
9025 46th AVE S Seattle, WA 98118
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Seattle
MLS Listing ID 2541768
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $3,119
Lot Size 6,000 Sqft
Lot Dimensions 46.5' x 141.3'
Property Sub-Type Land
Property Description
The Rainier Beach Development Site is a shovel-ready, 6,000 SF LR3 (M2) parcel in an established Urban Village. The Master Use Permit is approved and active through September 2028—no City review delay—and 100% of the architectural and engineering fees are fully paid, with all plans conveying to the buyer at closing.Approved for 42 apartment units, this transit-oriented site requires no parking, maximizing buildable square footage. It qualifies for Seattle's 12-Year MFTE Program and sits within a designated Opportunity Zone for added tax incentives.Walk Score of 81, with a 5-minute walk to the Rainier Beach Light Rail Station, Community Center, and Safeway. Offered at $101 per square foot—a rare, permit-ready foundation in one of Seattle's fastest-evolving submarkets.
Location
State WA
County King
Area 380 - Southeast Seattle
Interior
Fireplace false
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N Yes
View City, Lake, Territorial
Building
Lot Description Paved
Sewer In Street
Water In Street
Schools
Elementary Schools Dunlap
Middle Schools South Shore Pk-8
High Schools Rainier Beach High
School District Seattle
Others
Senior Community No
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
"Three Trees" icon indicates a listing provided courtesy of NWMLS.