2505 - 2447 Maple Valley Hwy
Renton WA 98057
Renton Development - Right Along the Cedar River
2505 - 2447 Maple Valley Hwy Renton WA 98057
Listing #: 644970 | Status: Available | Last Modified: 11/26/2021 |
For Sale
- Phone:(425) 765-3568
- Email:melissaj@kwcommercial.com
- Office Name:KW Commercial, CPRE LLC
- Office Phone:(425) 482-6100
- Office Website:
- Call Listing AgentYes
- Use DiscretionYes
SHOWINGS: 9:00am - 4:00pm 7-days/wk. 48hour notice. No showings after dark. This is PRIVATE Property with Security Cameras and signs posted, appointments are required.
- Listing Price$ 3,700,000.0
- $/SF$ 574.5
- $/Unit$ 3,700,000.0
- Listing StatusAvailable
- Days on Market1123
- Asset ClassOffice, Multi-Family, Hotel/Motel
- Search TagsAdult Family Home, Government, Live/Work, Mixed-Use, Multi-Tenant, Executive Suite, Research & Development, River Front, Life Science, Bed & Breakfast, Live/Work, Mixed Use, Senior Housing, Townhomes
- Terms
- Investment Type
- Investment PropYes
- Gross Income27,240
- Vacancy Factor %0.00%
- Operating Expenses15,000
- Net Operating Income12,240
- CAP Rate 1.23 %
- Sanitary SewerAvailable
- WaterAvailable
- ElectricityAvailable
- Storm SewerAvailable
- Gas LinesAvailable
- Other UtilitiesAvailable
- Dock High Doors
- Semi-Dock Doors
- Grade Level Door Count
- Crane Count
- $/SF/YR$ 00.0
- $/Unit$ 3,700,000.0
- Expense/Unit$ 15,000.0
- # UnitsUnknown
- Beds/BathsUnknown
- Avg SqFTUnknown
- RoomsStudio
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- Rooms1Bed/1.5Bath
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- Building StatusExisting
- # of Buildings3
- # of Floors1
- # of Units3
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF6440
- Net Rentable Area0
- Total Office SF
- Largest Contiguous SF
- Lot SF103782
- Acres2.38
- Property TypeMulti-Family
- Office Type
- Building ClassB
- CountyKing
- Vicinity
- Location DescriptionMinutes off I-405 and Next to the Riviera Apartments
- Second Address
- Cross Street
- Market AreaRenton
- Tax ID #1623059011
- Additional Parcels1623509038, 1723059101
- ZoningCN
- Year Built1961
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Renton Re-Development Opp. Along the Cedar River
ATTENTION: Developers, Builders & Investors, Amazing opportunity to purchase property right along the Cedar River! This property is close to Boeing and Downtown Renton with easy access to I-405 (to Seattle/Bellevue). The property includes a significant amount of low-bank shoreline (470+ feet), with a large usable area to build your next Office, Hotel, Convention Center, or Residential project. Zoned COR (Commercial/Office/Residential). 1/10 of a mile west is access across the Cedar River for foot traffic to Trails and 2-miles west is access to Fairwood and Shopping. This Property is outside the 100/yr floodplain and offers and environment friendly development showcasing "green infrastructure and/or green living". Please call City for setbacks. Welcome home to Renton!
Right along the Cedar River. This property is close to Boeing and Downtown Renton with easy access to I-405 (to Seattle/Bellevue). The property includes a significant amount of low-bank shoreline (470+ feet), with a large usable area to build. Zoned COR (
Apodments, Bed & Breakfast, Condo, Live/Work, Mixed Use, Senior Housing, Townhomes