804 3Rd StRenton, WA 98057

  • Turn key restaurants
  • 3,600 SF
For Sale
$895,000 View listing

Property Details for 804 3Rd St

Year built
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.09 AC
Property size (Sq ft)
3,600 SF
Zone code
CD
Property type
Turn key restaurants
APN
723150-1875
APU
7231501875

Description

This exceptional 3,600 square-foot retail property, located at 804 S 3rd St in Renton, WA 98057, presents a unique investment opportunity. Built in 1927, this historic building boasts a prime location on the highly desirable 3rd Street retail corridor, known for its high traffic counts and pedestrian activity. The property is zoned CD and sits on a 4,040 square-foot lot. The interior is divided into two distinct areas: a fully equipped restaurant space with a kitchen, and a separate bar and billiards area. The restaurant features a café-style setup with tables and booths, a full kitchen including a walk-in freezer, and a dedicated bar area complete with a billiards table and televisions. The current tenant, Rubattino's, one of Renton's oldest restaurants (founded in 1920), can vacate upon closing, making this an ideal owner-user opportunity. There is also a separate agreement available for the purchase of the existing business. The asking price for the property is $895,000, translating to $248.61 per square foot. This is a rare chance to acquire a well-established, fully built-out restaurant and bar in a vibrant downtown Renton location.

Location Insight

City
Renton
County
King
State
Washington
Latitude
47.4799
Longitude
-122.206
CBSA code
42660
CBSA name
SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$26,513
$177,700
$437,900
$615,600
-
$177,700
$437,900
$615,600

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