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4710 Lake Washington Blvd NE
Renton, WA 98056

Price Upon Request

Hotel For Sale  •  35,608 SF

Property Details

  • Property Type Hotel
  • Total Building Size 35,608 SF
  • Lot Size 2.03 AC
  • Building Class B
  • Year Built 1987
  • Zoning CA
12 Transit Score
42 Walk Score

Highlights

Ideal repositioning opportunity to convert 116 furnished hotel rooms to SEDUs averaging 303 SF with potential to generate over $150k in monthly income
118 existing parking stalls, providing ample opportunity to achieve parking income in excess of $20k annually
Existing amenities include outdoor pool, lobby, in-unit air conditioning, common laundry, and community lounge with fireplace
Average effective rent in Renton was $2,101 per month in Q2 2024, up 24.6% over the last five years
Three-story hotel operating as the Inn at Lake Washington, formerly Econo Lodge, with option to be delivered fully vacant at closing
Long-term covered land play with option for redevelopment; rezoning scenario supports up to 400 multifamily units across the 2.03-acre lot

Property Flyers

Amenities

  • Business Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
Tukwila Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 12 min - 7.7 mi
AirportDriveWalkDistance
Seattle-Tacoma International 18 min - 11.0 mi
Seattle Paine Field International 40 min - 29.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 118
Type: Surface
Included in Rent: Yes
Chad Blenz 206-491-2008 Berkadia
Chad Blenz 206-491-2008 Berkadia