James & Angie Smith

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Listing provided courtesy of Liberty Real Estate, LLCNWMLSas Distributed by MLSGrid- MLS# NWM2417927MLS Provider

5200 Rainier Avenue SSeattle, WA 98118

Commercial · 0.20 Acres
$1,575,000 Active

5200 Rainier Avenue S Overview

Visits:
30

Price Reduced! Investment Opportunity! Beautiful Commercial Building in Columbia City and a big Diamond in the heart of Hillam City.. Present it is a Medical Clinic. Building has 5 offices and 1.5 baths. The property could be used for many different businesses, or it could redeveloped. Zoning NC255 (M). Don't miss out on this rare opportunity to owe the commercial property. It closes to I5, I90, shopping centers and restaurants. Now t is the time to invest. Buyer/broker to verify all information. Bring your buyers and make an offers.

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5200 Rainier Avenue S Facts & Features

  • Type Commercial
  • Lot 0.20 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Electric Expense: 3600
  • Fuel Expense: 3600
  • Gross Scheduled Income: 139614
  • Insurance Expense: 2000
  • Net Operating Income: 73352
  • Water/Sewer/Garbage: 4200

Building Information

  • Year Built: 1986

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 380 - Southeast Seattle
  • Subdivision Name: Columbia City

Tax Information

  • Tax Annual Amount: $10,568.56
  • Tax Year: 2023

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 5649600061
  • Possible Use: Commercial
  • Property Condition: Very Good
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate, Carpet
  • Foundation Details: Block
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric

Exterior

Parking Information

  • Open Parking: No
  • Parking Uncovered Total: 10

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.1995
  • Lot Size Dimensions: 8689
  • Lot Size Square Feet: 8689
  • Lot Size Units: Square Feet
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Structure Type: Office

General Information

  • Carport: No
  • Number Of Units Total: 0
  • Sewer: Sewer Connected

5200 Rainier Avenue S Neighborhood

Community

98118 (Seattle) Demographics

38
Median Age
5,537
Population Density (per sq. mile)
52%
College Educated
$85,541
Estimated Median Income
10,763
Estimated Total Home Owners
7,314
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5200 Rainier Avenue S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5200 Rainier Avenue S Market Data

Based on the last 30 days in this zip code

$819,485
Average List Price
$485
Average Price per Square Foot
36
Properties Sold
67
Average Days on Market
210
Properties for Sale
Calculations provided by Reliance Network

5200 Rainier Avenue S History

Date Event Value Agent
4/7/2026Source: NWMLS Price Reduction
$1,575,000 -0.3%
8/11/2025Source: NWMLS Added to Database
August 11, 2025