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    941 Powell Avenue Southwest, Renton, WA 98057

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    For Sale
    $2,950,000

    Office buildings

    Type:Office
    Property size:
    9,882 SF
    Lot size:
    0.96 Acres
    Price / SF:
    $298/SF
    Added:
    Mar 25, 2026
    Days on Market:
    102
    Last Refresh:
    Mar 18 at 9:14 am

    Property Features for 941 Powell Avenue Southwest

    General Information

    Standard status
    Active
    Size
    9,882 SF
    Lot size
    0.96 Acres
    Property subtype
    Office

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    Brian Kenny

    Listing office CBRE

    Listing date Mar 25, 2026

    Source Cbre

    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 CBRE

    HighLights

    • Excellent freeway access
    • ± 5,277 SF Available for Owner/User
    • .96 Acre Site (per King County records)
    • 9,882 Gross Building SF (per King County records)
    • 4.8/1000 Parking
    • Flexible floor plan

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $326.1k $33.00
    − Vacancy −$92.9k −$9.41
    EGI $233.2k $23.60
    − OpEx −$58.3k −$5.90
    NOI $174.9k $17.70
    9,882 SF · lease $33.00/SF/yr · vacancy 28.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.50M
    $2.19M – $2.91M (±1% cap)
    NOI $174,874 @ 7.0% cap · market cap 5.93%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.22M
    $2.82M – $3.76M (±1% cap)
    NOI $225,381 @ 7.0% cap · market cap 7.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Clothing & Fashion Store Tattoo & Piercing Shop Carpet & Flooring Store Pet Grooming Service Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store Restaurant Restaurant Tanning Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Renton
    County
    King
    State
    Washington
    Longitude
    -122.2317195
    Latitude
    47.470752

    FAQs

    Where is this office building located?
    The property is located at 941 Powell Avenue Southwest Renton, WA.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: Excellent freeway access; ± 5,277 SF Available for Owner/User; .96 Acre Site (per King County records)
    More about this property
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