201 4Th PlRenton, WA 98057

  • Land
  • 3,560 SF
For Lease
$30/SF/YR View listing

Property Details for 201 4Th Pl

Year built
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.18 AC
Property size (Sq ft)
3,560 SF
Zone code
CA
Property type
Land
Property subtype
Commercial land
APN
922890-0065
APU
9228900065

Description

This exceptional retail opportunity is situated in the vibrant heart of downtown Renton, Washington, at 201 S 4th Pl, 98057. The property, built in 1955 and encompassing 14,732 square feet across 17 suites, offers a highly visible corner location at the intersection of Fourth Place and Rainier Avenue, ensuring maximum exposure to traffic from both directions. Currently, 1,000 square feet of retail space is available for lease within this well-established center, which boasts a diverse mix of tenants offering a variety of goods and services, creating a strong customer base. The space itself features an open floorplan, new flooring, an added hand sink, an in-unit bathroom, and a convenient storage room. The building benefits from recently sealed roofs, further enhancing its appeal. The 1.23-acre site provides ample space and visibility, making it an ideal location for a variety of retail businesses. This is a rare opportunity to secure a prime retail space in a thriving downtown area. The property is classified as Retail and Traditional Office, with multiple tenancies.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $800,095
    Hospitality
    $732,883
    Educational
    $609,750
    Medical
    $630,720
    Retail
    $948,500
201 4Th Pl, Renton, Washington
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Location Insight

City
Renton
County
King
State
Washington
Latitude
47.4764
Longitude
-122.215
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
2022
$1,741
$187,200
-
$187,200
-
$187,200
-
$187,200

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