Address Map

Country : USA

State : Washington

County : King

City : Renton

Zipcode : 98057

Street : 3rd Street

Street Number : 825

Longitude : E0° 0' 0''

Latitude : N0° 0' 0''

StreetDirSuffix : S

Additional Information

Agent Name : Merle Gregg

ListAgentMlsId : 30907

ListOfficeMlsId : 1004453

Property Name : Maholtra Building

Market Area : All Southend/Vashon Island

Company Zip : 98055

Company State : WA

Company City : Renton

Company Address : 3016 Benson Rd S.

# of Full Time Employees : 2

# of Owners : 1

# of Part Time Employees : 2

Selling Office Commission : 2%

All Cash : No

Assignable : Yes

Balance Sheet Years Avaliable : 1

Beer/Wine License : Unknown

Class H License : Unknown

Commission Exclusions : No

Excluded Items : No

Expense Includes Owner Salary : No

Fixtures Equipment : Yes

Fixtures Equipment Detail : $250,000

Gambling License : Unknown

Includes Living Quarters : No

Inventory Included : Yes

Inventory Value : $50,000

Lease Expiration Date : 5/15/2030 12:00:00 AM

Leaseable Square Feet : 3150

Member Comments : Welcome to the Downtown Renton Banquet Hall, where

Monthly Equipment Rental : 0

Monthly NNN/CAM : 4

Monthly Rent : 5500

Net Profit : 102000

No Special License : Unknown

Operating Information : Actual

Ownership Type : LLC

Parking Total : 20

Phone System Included : No

Professional License : Unknown

Profit/Loss Years Avaliable : 1

Real Property : Yes

Renewal Option : Yes

Rent Increase : 3% year

Schedule C Years : 1

Seating : 100

Seller Terms : No

TradeName : Yes

Use Discretion : Yes

Year to Date Statement Available : Unknown

Yearly Operating Expense : 15000

Yearly Operating Income : 117000

extra_data/Asset Class : Hospitality

Property Description

Welcome to the Downtown Renton Banquet Hall, where unforgettable moments come to life. Located in Renton Washington, the banquet hall is a perfect blend of elegance and a friendly atmosphere. We have the best services as we take pride in creating memorable experiences for special occasions.<br />The versatile event space is ideal for various celebrations, from weddings to birthdays and celebrations of life. Immerse yourself in your tailored event visions. <br />We understand the importance of customized event planning and this venue will make your moments lasting memories.