401 3rd St Renton, WA 98057-2040
Property summary
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.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
15. In the CD and CO Zones, outdoor retail sales are limited to farmer’s markets. In the RMF Zone, outdoor retail sales are limited to vending machines and retail product lockers. In all other zones, outdoor retail sales…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CD · Renton, WA15. In the CD and CO Zones, outdoor retail sales are limited to farmer’s markets. In the RMF Zone, outdoor retail sales are limited to vending machines and retail product lockers. In all other zones, outdoor retail sales…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for CD in Renton, WA.
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