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205 Logan Ave S 513 S 2nd St 11,163 SF 100% Leased Retail Building Renton, WA 98057 $5,448,077 CAD ($488.05 CAD/SF)



Investment Highlights
- Corner Lot Assemblage
- Redevelopment Upside or Owner User
- Centered adjacent Downtown Renton Central Plaza
Executive Summary
Anchor Agency is pleased to present a flexible acquisition opportunity at the southwest corner of Logan Avenue S and S 2nd Street in Downtown Renton.
The offering combines an operating 11,163 SF commercial building on 15,000 SF of land with an adjoining 7,658 SF vacant commercial parcel. Buyers may acquire the two-parcel assemblage or pursue either property separately, subject to seller approval and acceptable terms.
The property is positioned for an owner-user, local operator, land-hold investor, or developer seeking control of a prominent downtown corner near civic improvements, Renton High School, public parking, parks, transit connections, I-405 and SR-167.
The offering combines an operating 11,163 SF commercial building on 15,000 SF of land with an adjoining 7,658 SF vacant commercial parcel. Buyers may acquire the two-parcel assemblage or pursue either property separately, subject to seller approval and acceptable terms.
The property is positioned for an owner-user, local operator, land-hold investor, or developer seeking control of a prominent downtown corner near civic improvements, Renton High School, public parking, parks, transit connections, I-405 and SR-167.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
11,163 SF
Building Class
C
Year Built/Renovated
1950/2020
Price
$5,448,077 CAD
Price Per SF
$488.05 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.49
Lot Size
0.52 AC
Zoning
CD - Commercial Downtown
Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,657,420 CAD | |
| Land Assessment | $1,338,710 CAD | Total Assessment | $3,996,130 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,338,710 CAD
Improvements Assessment
$2,657,420 CAD
Total Assessment
$3,996,130 CAD
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Presented by
Anchor Agency
205 Logan Ave S | 513 S 2nd St
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