For Sale
Call for price

535 Garden AveRenton, WA 98057

6.94 acres, prime Renton location.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 6.94-acre mixed-use development opportunity in Renton, WA, presents a unique investment prospect. Located in the UC-2 (Urban Core) zone, this property comprises two parcels (APN 722300-0015, 722300-0115) at 535 Garden Ave N and 600 Park Ave N, Renton, WA 98057. The site boasts a five-story structured parking garage with approximately 948 stalls, conveniently connecting to existing office buildings via open sky bridges. Its strategic location within Renton's thriving urban center offers unparalleled access to major employers, excellent transportation links, and the vibrant amenities of The Landing shopping center and Lake Washington. This redevelopment opportunity is ideal for projects seeking to capitalize on the high demand for mixed-use developments in this rapidly growing area. Flexible purchase options are available for the North and South parcels, allowing for innovative partnerships and tailored development strategies. The property's zoning allows for a variety of uses, including residential, office, and potentially retail components, making it a highly versatile and attractive investment. This turnkey parking solution further enhances the property's value and potential for a high-impact project. The property is currently owned by Ion Renton, LLC and is offered for sale by owner.

Highlights

  • Prime Renton location within a high-growth corridor.
  • Close proximity to major employers.
  • Excellent access to transportation networks.
  • Turnkey parking available.
  • Strong rental demand growth.
  • Flexible acquisition options available.

Property Details for 535 Garden Ave

Property type
Office properties, Mixed-use properties
Lot Size (sq. ft)
302,306 SF

Location Insight

City
Renton
County
King
State
Washington
Latitude
47.4912142
Longitude
-122.2010281
535 Garden Ave, Renton, Washington

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535 Garden Ave
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