401 3Rd StRenton, WA 98057

  • Other commercial real estate
  • 1,332 SF
For Lease

Property Details for 401 3Rd St

Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.12 AC
Property size (Sq ft)
1,332 SF
Zone code
CD
Property type
Other commercial real estate
APN
784080-0035
APU
7840800035

Description

This exceptional retail opportunity encompasses a brand-new, two-story building totaling 2,222 square feet, situated on a sizable 0.24-acre lot (10,454 square feet). Located at 401-405 S 3rd St in Renton, Washington, 98057, this property is perfectly positioned within the Renton/Tukwila submarket, specifically in the Southend cluster. The building boasts a modern design and is ready for immediate occupancy. The entire 2,222 square feet is currently vacant, presenting a unique chance for a single tenant to establish a significant presence or for multiple tenants to occupy the space. The property's zoning is designated as CD, offering flexibility for various retail and office uses. Constructed in 2024, this building benefits from up-to-date infrastructure and modern amenities. The King County location provides excellent access to major transportation routes and a thriving consumer base. This is an unparalleled opportunity to secure a high-visibility retail space in a rapidly growing area. The property's ample lot size allows for convenient parking and potential for future expansion. The address is 401-405 S 3rd St, with APN numbers 7840800035 & 7840800030.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $299,361
    Hospitality
    $274,213
    Educational
    $228,142
    Medical
    $235,988
    Retail
    $354,888
401 3Rd St, Renton, Washington
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Location Insight

City
Renton
County
King
State
Washington
Latitude
47.4795
Longitude
-122.212
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,761
$227,000
$95,800
$322,800
-
$227,000
$95,800
$322,800

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