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535 Garden Ave N
Renton, WA 98057

Renton ION · Land For Sale · 6.94 AC

Investment Highlights

  • STRATEGIC LOCATION IN RENTON’S GROWTH CORRIDOR
  • EXCELLENT CONNECTIVITY
  • GROWING RENTAL DEMAND
  • PROXIMITY TO MAJOR EMPLOYERS
  • TURNKEY PARKING SOLUTION
  • FLEXIBLE PURCHASE OPTIONS

Executive Summary

Cushman & Wakefield’s Private + Institutional Capital Markets Team are offering Renton ION (“Project”), a prime mixed-use development site located in Renton, WA. The North and South Parcels are available for sale either individually or as a combined opportunity. This project is being presented un-priced, with ownership options that encourage flexible and innovative partnerships.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 6.94 AC

1 Lot Available

Lot

Lot Size 6.94 AC

This 6.94-acre property consists of two parcels available for purchase together or separately, and is located within Renton’s highly favorable Urban Center 2 (UC-2) zone.

Description

Rention ION is an outstanding opportunity for a developer looking to create a high-impact mixed-use project in one of the region’s fastest-growing urban centers. The five-story parking garage has approximately 948 vehicle stalls. Open sky bridges connect the top level of the parking structure to each of the two office buildings. The Project is located on the south end of Lake Washington in Renton, Washington. Surrounding properties include a mix of office, residential, and retail uses. Situated close to The Landing shopping center, Renton ION is ideally positioned to incorporate retail, dining, and entertainment choices into the development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 756460-0055
  • 722300-0115
Land Assessment
$15,474,347 CAD
Improvements Assessment
$54,571,101 CAD
Total Assessment
$70,045,447 CAD

zoning

Zoning Code UC ((Urban Center))
UC ((Urban Center))
  • Listing ID: 33780918

  • Date on Market: 2024-11-06

  • Last Updated:

  • Address: 535 Garden Ave N, Renton, WA 98057

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