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12705 Renton Ave S 1,353 SF Office Building Seattle, WA 98178 $499,950 ($369.51/SF)



Investment Highlights
- Current: Single Tenant Building
- Corner lot
- Year Built 1950 / Effective year built 2000
- 5,738 SF / 0.131 Acre Lot
Executive Summary
Owner/User rare opportunity to own your commercial/office building in Renton/ Seattle. Nestled on a corner lot in the Renton/Skyway neighborhood, this 1353 SF building
was completely remodeled in 2000 with a new roof, heat pump, interior offices, bathroom, break room, and lobby area. Space for parking as well.
Own your own building for your office/retail/business or purchase and lease to a tenant for investment purposes. \\
The building also comes with a longstanding billboard lease earning additional income at $3800 per year.
Currently occupied by State Farm, lease expiring August 2025. Tenant may be open to vacating early for an owner user.
was completely remodeled in 2000 with a new roof, heat pump, interior offices, bathroom, break room, and lobby area. Space for parking as well.
Own your own building for your office/retail/business or purchase and lease to a tenant for investment purposes. \\
The building also comes with a longstanding billboard lease earning additional income at $3800 per year.
Currently occupied by State Farm, lease expiring August 2025. Tenant may be open to vacating early for an owner user.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
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| Operating Expenses |
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-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Office
Building Size
1,353 SF
Building Class
C
Year Built/Renovated
1950/2000
Price
$499,950
Price Per SF
$369.51
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,353 SF
Building FAR
0.09
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
BC, Seattle
Parking
13 Spaces (9.61 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 758020-0430 | Improvements Assessment | $103,600 (2024) |
| Land Assessment | $130,400 (2024) | Total Assessment | $234,000 (2024) |
Property Taxes
Parcel Number
758020-0430
Land Assessment
$130,400 (2024)
Improvements Assessment
$103,600 (2024)
Total Assessment
$234,000 (2024)
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Contact the Sale Advisor
12705 Renton Ave S
