Listing provided courtesy of Better Properties - MetroNWMLSas Distributed by MLSGrid- MLS# NWM2497733
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Request Info11463 Rainier Ave S.Seattle, WA 98178
Commercial$195,000
Active
11463 Rainier Ave S. Overview
- Visits:
- 6
Fantastic Opportunity! Don’t miss your chance to own sought-after Seattle cannabis retail licenses, paired in a prime corner property just across from Lake Washington in South Seattle. Operated as Ounce King Cannabis & includes two licensed spaces within the same building, offering incredible flexibility – keep the current layout, expand into the larger ground-floor space, or operate two distinct points of sale. The property features excellent visibility, ample parking, & a prominent corner location in a high-traffic area. With strong local demand and a limited number of cannabis licenses available, this is a fantastic investment opportunity for an operator looking to establish or expand their footprint in one of the most coveted cannabis markets in the country.
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11463 Rainier Ave S. Facts & Features
- Type Commercial
Details
General
Association/HOA
- Association Fee: $0.00
Income/Expenses
- Annual Expenses: 72273
- Annual Gross Sales: 369565
- Annual Rent: 44400
Business Information
- Business Name: Ounce King Cannabis
- Business Type: Retail,See Remarks
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 360 - Skyway Area
- Subdivision Name: Bryn Mawr
Rent/Lease Information
- Lease Assignable: Yes
General Information
- Listing Terms: Cash, Owner Will Carry, See Remarks
- Parcel Number: 1180001765
- Property Condition: Fair
- Property Sub Type: Business Opportunity
- Property Type: Business Opportunity
- 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: No
- Fireplace: No
- Fireplaces Total: 0
- Heating: No
- Living Area: 0
- Main Level Bathrooms: 0
Exterior
Parking Information
- Open Parking: No
- Parking Total: 8
- Parking Uncovered Total: 8
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0
- Lot Size Square Feet: 0
- Lot Size Units: Square Feet
- Elevation Units: Feet
General Information
- Carport: No
- Covered Spaces: 0
11463 Rainier Ave S. Neighborhood
Community
98178 (SEATTLE) Demographics
41
Median Age
4,523
Population Density (per sq. mile)
44%
College Educated
$84,820
Estimated Median Income
6,476
Estimated Total Home Owners
3,284
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
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.11463 Rainier Ave S. Monthly Cost
11463 Rainier Ave S. Market Data
Based on the last 30 days in this zip code
$806,465
Average List Price
$402
Average Price per Square Foot
21
Properties Sold
67
Average Days on Market
100
Properties for Sale
11463 Rainier Ave S. History
| Date | Value | Agent |
|---|---|---|
| 5/12/2026Source: NWMLS | $195,000 -50.6% |
|
| 5/2/2026Source: NWMLS | $395,000 -12.2% |
|
| 4/1/2026Source: NWMLS | $450,000 -5.3% |
|
| 3/25/2026Source: NWMLS | March 25, 2026 |