Restaurant with Commercial
For Sale
$180,000
135-1222 Bronson Way N, Renton, WA 98056
The space includes food-service equipment and a walk-in refrigerator for continued restaurant operations.
Property Size1,296 SF
Price / SF$138.89
Days on Market114
Property Features for 135-1222 Bronson Way N
General Information
Standard status
Active
Size
1,296 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Equipment Included
Yes
Listing Agency:
Keller Williams Realty PS
Listed By:
Hanna Lee
(253) 835-4500
Source:
Exprealty
Added: Jul 16
Changed: Oct 26
Last Checked: Nov 4 at 3:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty PS
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This restaurant space measures approximately 1,296 square feet and includes a fully equipped commercial kitchen with a walk-in refrigerator. The operation was established in 2019 and is described as well maintained, with the existing layout and equipment in place for food-service use.
Located at 135-1222 Bronson Way N in Renton, Washington, the property is offered for sale. The space can support continuation of the current teriyaki concept or a different food concept with minimal setup.
Located at 135-1222 Bronson Way N in Renton, Washington, the property is offered for sale. The space can support continuation of the current teriyaki concept or a different food concept with minimal setup.
Key Highlights
- Approximately 1,296 SF restaurant space
- Established in 2019
- Fully equipped commercial kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,944
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,880
$238.9K
Cap Rate 7%
$170,629
$170.6K
Cap Rate 9%
$132,711
$132.7K
Market Conditions
NOI Build-Up for 1,296 SF
Gross rent
$18.5K $14.28/SF
− Vacancy
−$1.4K −$1.11/SF
EGI
$17.1K $13.17/SF
− OpEx
−$5.1K −$3.95/SF
NOI
$11.9K $9.22/SF
Area
Renton, WA
Vacancy
7.80%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,880
Cap Rate 7%
$170,629
Cap Rate 9%
$132,711
Alternative Uses
Best Use
Specialty Retail
$348.3K
$304.7K – $406.3K
NOI $24,378 @ 7.0% cap · market cap 13.54%
Second Best
Industrial
$170.6K
$149.3K – $199.1K
NOI $11,944 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$422.3K
$369.5K – $492.6K
NOI $29,558 @ 7.0% cap · market cap 16.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
688
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98056, WA
36,344
Population
15,609
Households
2.3
Avg Household Size
38
Median Age
44%
College-Educated
88%
High-School Grad
7.6 sq mi
ZIP Area
4,782
Density / Sq Mi
$108,596
Median Household Income
$59,170
Median Earnings
$1,992
Median Rent
$726,300
Median Home Value
Market
Average Price Trend$/SF for Conventional restaurants in King County, WA
Properties on Market for Conventional restaurants in King County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The space includes food-service equipment and a walk-in refrigerator for continued restaurant operations.
Where is this conventional restaurant located?
The property is located at 135-1222 Bronson Way N Renton, WA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Approximately 1,296 SF restaurant space; Established in 2019; Fully equipped commercial kitchen
