505 S 3rd St

    Renton, WA 98057
    • $575,000
    • STATUS: Pending Feasibility
    • ON SITE: 106 days
    • ID#: 1390786
    Under Contract
    UPDATED: 9 min ago
    $575,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1961
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Re/Max Metro Realty, Inc..

    Description

    Fantastic opportunity for owner/user, redevelopment or continued use as is with potential for new, higher paying tenant after lease expires end of 2019. This single story structure sits on a site with 6 parking spots and street parking. Highest and best use likely as redeveloped to multi-story multi-use but could be renovated in current structure. Downtown Renton is gentrifying, growing and city has many incentive programs for businesses. Contact agent for 3D virtual tour. Do NOT contact tenant.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-03-20T23:14:56.117.

    www.resg.com/homes/89822752

    505 S 3rd St Renton, WA 98057

    • Price: $575,000
    • Status: Pending Feasibility
    • Updated: 9 min ago
    • ID#: 1390786
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1961
    Built
    Neighborhood:
    Renton
    County:
    King
    Area:
    Skyway Area
    Property Description
    Fantastic opportunity for owner/user, redevelopment or continued use as is with potential for new, higher paying tenant after lease expires end of 2019. This single story structure sits on a site with 6 parking spots and street parking. Highest and best use likely as redeveloped to multi-story multi-use but could be renovated in current structure. Downtown Renton is gentrifying, growing and city has many incentive programs for businesses. Contact agent for 3D virtual tour. Do NOT contact tenant.
    Exterior Features

    Building Condition Fair Exterior Cement/Concrete Foundation Poured Concrete Lot Depth 60 Lot Dimensions 86 X 60 Lot Topography And Vegetation Level Roof Flat Site Frontage 86 Style 60 - Comm Bldg Und 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 6 Waterfront Footage 0

    Interior Features

    Building Sq Ft 3000 Floor Covering Ceramic Tile Office Sq Ft 0 Total Sq Ft Rented 3000

    Property Features

    Assessed Value Improvements 238800 Assessed Value Land 211200 Assessed Value Total 450000 Assessed Value Year 2018 Available Pads 0 Bank Owned No Boundary Survey 0.00 Cap Rate N Electrical Expenses 0 Energy Source Electric Environment Survey N EPSEnergy 0 Form17 Provided Free And Clear N General Zoning Classification Multi-FamilyRetailSee Remarks Gross Adjusted Income 33600 Gross Rent Multiplier 0 Gross Scheduled Income 33600 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 0 Lot Number 5-6 Net Operating Income 0 Other Expenses 0 Possession See RemarksSub. Tenant's Rights Power Company Puget Sound Energy Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company City Of Renton Tax Amount 7215 Tax Year 2018 Terms Cash OutConventionalSee Remarks Third Party Approval Required Other - See Remarks Total Expenses EXP 0 Total Expenses TEX 0 Total Monthly Rent 2800 Vacancy Rate 0 Water Company City Of Renton Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Real Estate Solutions Group - NWRE LLC and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-03-20T23:14:56.117.

     
    Real Estate Solutions Group - NWRE LLC
    1027 State Ave, Suite 102
    Marysville WA, 98270
    Listing Courtesy of Re/Max Metro Realty, Inc..