423 Park Avenue N Renton, WA $ 849,000
423 Park Avenue N
$ 849,000
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423 Park Avenue N

Renton, WA, 98057
$ 849,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,297

Listed by John L. Scott Everett
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Commercial Property for sale in Renton, WA

for $849,000. This building was built in 1940 on a lot size of 0.2221.

*INVESTOR ALERT* This property currently cash flows $37,475 a year from the tenant & the billboard lease. Zoned for Mixed-Use, Retail, Residential, Multi-Family, Commercial or Industrial. CA ZONING. PHASE 1 Complete, Phase 2 bid avail. Collect $$ while planning your use of the land. So many opportunities for example. YOU COULD; Turn the house into an OFFICE & pave the yard for parking. Easy alley way access. Build up to 75 feet. Put in 6 row homes, 3Story Townhouses w/ rooftop deck & possible views of Lake WA. OR Fix up the house into a duplex & rent for more $- maybe $4k a month. Lower unit has a separate entrance. Remodel the house & sell for more $. SO MANY IDEAS & POSSIBILITIES!! Buyer to verify all info. to be accurate. HUGE POTENTIAL!

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Commercial Active

Price

$ 849,000

Property Type

Commercial

Taxes

$ 4,953

Style

Comm Bldg Und 10K

Lot Size

0.2221

Year Built

1940

Town/City

Renton

County/Region

King

MLS | Web ID

2422713

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air Other See Remarks Radiator
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1940
Topography Level
Property Subtype Commercial Industrial
Tax Year 2025
County King
Net Operating Income 28922
Insurance Expense 2000
Property Type Commercial Sale
HOA N
Subdivision Name North Renton
Possible Use Business Commercial Multi-Family Office Residential Retail
Building Features Leased Fixtures
Special Listing Conditions None
Status Active
Directions GPS gets you there! you can park on the street or in the alley way/ driveway or at the gas station.
City Renton
Senior Community Y/N N
Zoning Description Business Commercial Multi-Family Office Residential Retail
Number Of Units Total 1
MLS Area 350 - Renton/Highlands
Lot Size Units Square Feet
Lot Size Square Feet 9675
Carport Y/N N
Listing Terms Cash Out Conventional See Remarks
Tax Annual Amount 4953
Electric Expense 800
Fuel Expense 0
Property Condition Good
Public Remarks *INVESTOR ALERT* This property currently cash flows $37 475 a year from the tenant & the billboard lease. Zoned for Mixed-Use Retail Residential Multi-Family Commercial or Industrial. CA ZONING. PHAS
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 2900
Water Sewer Garbage 800
Property Style 60 - Comm Bldg Und 10K
Cap Rate 4
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Exterior
Exterior Amenities Wood
Water Source Public
Total Parking 4
Foundation Details Poured Concrete
Building Area Total 0
Lot Dimensions 9 675
Lot Size Acres 0.2221
Irrigation Water Rights Y/N N
Parking Uncovered Total 4
Lot Number 5 & 6
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Interior
Flooring Hardwood Vinyl Vinyl Plank Carpet
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Oil
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2422713
Street Number 1 423
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* Excluded Features
List By
Jeremiah Anderson

Listing Agent

John L. Scott Everett

Broker

Affordability Calculator

$5,709
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,297
Monthly Property Taxes
$413
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/9/2025$849,000 -5.67% Price Down
8/19/2025$900,000 Listed Price

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423 Park Avenue N, Renton, WA, 98057 is a Commercial Property for sale at $849,000 with a lot size of 0.2221. 423 Park Avenue N was built in 1940. The property's zip code is 98057 which is in Renton, WA