For Sale
$2,950,000

263 Rainier Ave Renton, WA 98057

Prime Renton location, 11,619 SF office

Overview

Added:
Dec 11, 2024
Days on market:
137
This 11,619 square foot Class C office building, built in 1980 and renovated in 2000, is situated on a 28,852 square foot lot in booming Downtown Renton, WA (98057). The property, located at 263 Rainier Ave S, benefits significantly from the ongoing Rainier Avenue South improvement project, enhancing pedestrian access and traffic flow. Currently vacant, the building boasts excellent bones and is well-maintained, featuring a fully built-out interior with exam rooms, conference rooms, private offices, and a reception area (approximately 8,122 square feet). An additional 3,496 square feet of open grey shell space offers flexibility. Amenities include renovated restrooms, impressive natural lighting with large bay windows, recently refreshed exterior paint, and a covered parking area with updated wheel stops. The building also includes an elevator and is ADA compliant. The property is zoned CA and offers beautiful city views. This is a prime opportunity to acquire a versatile office building in a rapidly growing area, ideally suited for medical or general office use. The asking price is $2,950,000 ($253.89/sq ft). The King County APN is 1823059033.

Highlights

  • Prime Downtown Renton office building in a rapidly growing area.
  • Strategic location benefiting from Renton Rainier Avenue infrastructure improvements.
  • Well-maintained, vacant 11,619 square foot building with excellent bones.
  • 11,619 SF building on a 28,852 SF lot, suitable for medical or office use.
  • Fully built-out space (approx. 8,122 SF) includes exam rooms, conference rooms, private offices, and a reception area.
  • Additional 3,496 SF of open shell space.

Property Details for 263 Rainier Ave

Property type
Office properties
Square Feet
11,619 SF
Class
C
Year Built/Renovated
1980/2000

Location Insight

City
Renton
County
King
State
Washington
Latitude
47.4808931
Longitude
-122.2185765

FAQs

What type of property is this?
Office property - Prime Renton location, 11,619 SF office
Where is the office property located?
The property is located at 263 Rainier Ave Renton, WA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Prime Downtown Renton office building in a rapidly growing area.; Strategic location benefiting from Renton Rainier Avenue infrastructure improvements.; Well-maintained, vacant 11,619 square foot building with excellent bones.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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263 Rainier Ave
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