Mixed Use Retail & Apartment Investment

914-916 S 3rd St, Renton, WA 98057

  • For Sale $1,080,000
  • Property Type Retail - Street Retail
  • Property Size 6,684 SF
  • Lot Size 0.14 Acre
  • Date Updated Apr 21, 2025
Situated in historic downtown Renton, a bustling area filled with boutique shops, popular restaurants, and cultural attractions, ensuring strong foot traffic and visibility.NAI Puget Sound Properties is pleased to introduce a rare investment opportunity with significant value-add potential in the heart of historic downtown Renton, Washington. This fully occupied mixed-use property combines timeless charm with exceptional investment upside, featuring prime retail space and four apartment units. Originally constructed in 1916, the building retains its classic architectural character, while opportunities for property improvements present a unique chance for savvy investors to enhance its appeal and overall value. Situated in a bustling community filled with boutique shops, popular dining spots, and cultural attractions, the property benefits from consistent foot traffic and excellent visibility. Renton’s growing economy and location near major transit routes further elevates its desirability for both residential and commercial tenants. Currently 100% occupied and generating reliable cash flow, this property offers a stable foundation while leaving ample room for future growth. The historic downtown setting adds unique charm and character, drawing tenants and customers who appreciate community-oriented urban living. As Renton continues its revitalization efforts to enhance amenities and drive property value growth, this property is perfectly positioned for transformation into a standout asset.UPDATE
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Highlights

  • 6,684 SF Building
  • Cap Rate: 5.56%
  • 100% occupied property with stable rental income from commercial and apartment tenants
  • Located near major transportation routes, including Interstate 405 and Seattle-Tacoma International Airport
  • Sale Price: $1,080,000

Contacts

broker

NAI Puget Sound Properties

Location

Getting Around

  • Walk Score ®

    97/100 Walker's Paradise
  • Transit Score ®

    62/100 Good Transit
  • Bike Score ®

    73/100 Very Bikeable
Powered by Walk Score ®
  • City Renton, WA
  • Neighborhood Downtown Renton
  • Zip Code 98057
  • Market Seattle

Points of Interest

  • Uber Pickup Zone

    2.98 miles

  • Tukwila International Boulevard

    4.04 miles

  • Rainier Beach

    4.56 miles

  • N Gates

    5.07 miles

  • Capital Aeroporter Airport Shuttle

    5.14 miles

  • C Gates

    5.18 miles

  • A Gates

    5.19 miles

  • B Gates

    5.34 miles

  • S Gates

    5.37 miles

  • Kent

    6.76 miles

  • Chevron

    0.48 miles

  • Blink

    0.49 miles

  • Safeway

    0.50 miles

  • Arco

    0.52 miles

  • Shell

    0.54 miles

  • Fred Meyer Gas

    0.56 miles

  • Speedway Express

    0.83 miles

  • Volta

    0.99 miles

  • Electrify America

    1.23 miles

  • ChargePoint

    2.09 miles

  • First Financial Northwest Bank Employee Parking

    0.11 miles

  • Bank of America

    0.11 miles

  • Service Linen Supply Parking

    0.14 miles

  • City Center Parking Garage

    0.18 miles

  • WIAA Parking

    0.24 miles

  • Renton Fred Meyer Park & Ride

    0.63 miles

  • South Renton Park & Ride

    0.64 miles

  • City View Church Park & Ride

    0.70 miles

  • Lot E7

    0.73 miles

  • Lot S1

    0.80 miles

  • Taqueria & Gym

    0.01 miles

  • The Local 907 Pub & Eatery

    0.02 miles

  • Cedar River BBQ

    0.03 miles

  • Premier Meat Pies

    0.03 miles

  • Marianna Ristorante

    0.04 miles

  • Rubattino's Restaurant

    0.06 miles

  • Ocha Thai Restaurant

    0.07 miles

  • Jaguar Mexican Restaurant

    0.07 miles

  • Pho Asia

    0.07 miles

  • Melrose Grill

    0.08 miles

  • Safeway

    0.43 miles

  • Fred Meyer

    0.69 miles

  • Uwajimaya

    0.77 miles

  • Walmart Supercenter

    0.90 miles

  • DK Market

    0.95 miles

  • Marshalls

    1.12 miles

  • Ross

    1.13 miles

  • Target

    1.17 miles

  • Jalapeno

    1.78 miles

  • Grocery Outlet

    1.86 miles

Frequently Asked Questions

How much does Mixed Use Retail & Apartment Investment cost?

The space currently listed for sale at Mixed Use Retail & Apartment Investment asks for $1,080,000.

What is the total square footage of Mixed Use Retail & Apartment Investment?

Mixed Use Retail & Apartment Investment totals 6,684 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

NAI Puget Sound Properties

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