421-423 W Yakima Ave - Freestanding FOR SALE


Yakima, WA 98902
$800,000 USD
509-966-3800
421-423 W Yakima Ave, Yakima, WA for Sale
$800,000 USD
Freestanding - FOR SALE
1/14
null | Request Cap Rate

Apr '25


421-423 W Yakima Ave
Yakima, WA 98902


HIGHLIGHTS

  • Excellent owner/user opportunity at an incredible price of approximately $113/SF.
  • Approximately half of the building is leased through 4/27 at $2,650/month.
  • Located at the prominent controlled intersection of W Yakima Ave and N 5th Ave with access from both arterials.
  • Traffic counts exceeding 17,800 vehicles per day on Yakima Ave and exceeding 7,000 on N 5th Ave.
  • Includes a significant pylon sign on Yakima Ave.

OVERVIEW

THIS OFFERING is for the opportunity to purchase a prominently located retail building with two suites ideally situated for an owner/user desiring to occupy approximately half of the building while leasing out the remainder. Currently configured with two retail spaces, one of which is leased to a local thrift and consignment store through 4/27 at $2,650/month, and the other is estimated to be available near 4/25 (existing tenant is terminating their lease early). The property benefits from being at a controlled intersection with strong traffic counts, plus access, visibility and presence along both W Yakima Ave and N 5th Ave.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,953 SF

ZONING

CBD

APN/PARCEL ID

181324-13528

ASK ABOUT THIS PROPERTY

Bill Almon JrAlmon Commercial Real EstateMore Info
509-966-3800

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Bill Almon JrAlmon Commercial Real EstateMore Info
509-966-3800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.