3109-3111 Rainier Ave S
- 19,156 SF corner lot with SM-NR 95 (M) zoning providing the ability to build 175* units in a TOD location.
- The site is just 2 blocks from a QFC as well as walking distance to many restaurants.
- Kitty-corner from the Mt. Baker Light Rail Station, providing direct access to Downtown Seattle, the University of Washington, and Seattle-Tacoma International Airport.
- Located at the intersection of Rainier Avenue South and Martin Luther King Jr Way South, one of the city’s most visible and well-traveled crossroads.
- Walking distance to a wide range of neighborhood amenities including culturally diverse dining, cafes, retail, parks, and waterfront trails along Lake Washington, all of which enhance livability and tenant demand.
- With zero units under construction in the surrounding one-mile area, the next development will be well positioned to absorb future housing demand.
Property Description
Lee & Associates is pleased to present the unique opportunity to acquire ViV Crossing, a fully entitled and shovel ready, mixed-use multifamily development located at the iconic intersection of Rainier Avenue South and Martin Luther King Jr. Way S in Seattle’s Mount Baker neighborhood. This transit-oriented project sits directly across from the Mt. Baker Light Rail Station, positioning it as a prime Transit Oriented Development (TOD) site with unmatched regional connectivity. ViV Crossing will deliver 175 residential units*, ranging from Small Efficiency Dwelling Units (SEDUs) and studios to open one-bedroom and two-bedroom apartments, alongside 3,000 square feet of ground level retail and live/work lofts. With entitlements in place and construction ready status, ViV Crossing offers investors a rare opportunity to step into a high demand market without delay.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| No. of Units: | 1 |
| Year Built: | 1978 |
| Lot Size: | 0.44 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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