$1,138,375
Yakima, WA 98908
MLS# 20-2526
Status: Closed
6957 sqft
1 / 18
Property Description
THIS OFFERING is for the opportunity to purchase a well-positioned owner user/investor office building with traditionally configured vacant space ready to occupy totaling approximately 3,510SF and the remainder leased on a multi-year term via a pure triple-net lease passing through all proportionate costs of ownership to the tenant. Located in a desirable west Yakima location just two parcels south of Summitview Ave, the property has good curb appeal via an attractive exterior façade and mature landscaping while the spaces are nicely appointed with cherry wood trim and doors and an abundance of natural light from large picture windows and sidelights. Existing tenant, an established and well-regarded fruit exporter, has been in the building since approximately August of 2005 and th
Details
Maps
Documents
Contract Information
List Pr Description: Total List Price
Seller Disclosure: No
Current Price: $1,138,375
MLS Service Begin Date: 2020-11-06
Status: Closed
Sold Price: $1,138,375
Sub Type: Commercial Property
General Property Description
Lot Front Ft Approx: 0
Lot Depth Ft Approx: 0
Total Approx Lot SF: 29186
Acreage M/L: 0.67
List Price Per SqFt: 179.68
Realtor.COM Type: Commercial
Sale/Lease: For Sale
Main Use: Office
Detail Use: Office Building
Year Built: 1993
Total Apx SF: 6957
Location, Tax & Legal
Taxes: 10373
Tax Year: 2020
Spec Tax Designation: None
Parcel Number: 181321-31025 & 31026
Area (with SubArea): 4 - NW Yakima 40th/80th
House Number: 102
Street Dir: N
Street Name: 56th
Street Suffix: Ave
State/Province: WA
Zip Code: 98908
Remarks & Misc
Public Remarks: THIS OFFERING is for the opportunity to purchase a well-positioned owner user/investor office building with traditionally configured vacant space ready to occupy totaling approximately 3,510SF and the remainder leased on a multi-year term via a pure triple-net lease passing through all proportionate costs of ownership to the tenant.
Located in a desirable west Yakima location just two parcels south of Summitview Ave, the property has good curb appeal via an attractive exterior façade and mature landscaping while the spaces are nicely appointed with cherry wood trim and doors and an abundance of natural light from large picture windows and sidelights.
Existing tenant, an established and well-regarded fruit exporter, has been in the building since approximately August of 2005 and th
Directions: Third parcel south of Summitview Ave on N 56th Ave.
Status Change Info
Sold Pr Description: Total Sold Price
Financing: OTHER
Sold Date: 2021-05-27
Under Contract Date: 2021-03-01
Status Change Date: 2021-05-27
Sold Price: $1,138,375
Basement
None: 1
Crops
None: 1
Domestic Water
Public Water: 1
Air Conditioning
Central Air: 1
Lot Size
.51 - .75 Acres: 1
Heat
Forced Air: 1
Gas: 1
Sewage System
Connected: 1
Construction Style
Frame: 1
Zoning
LCC - Lg Conv Ctr: 1
Roof
Built-Up: 1
Siding
Brick: 1
Sq Ft Source
Appraisal: 1
Property Features
Air Conditioning: Central Air
Basement: None
Construction Style: Frame
Crops: None
Domestic Water: Public Water
Heat: Forced Air; Gas
Lot Size: .51 - .75 Acres
Roof: Built-Up
Sewage System: Connected
Siding: Brick
Sq Ft Source: Appraisal
Zoning: LCC - Lg Conv Ctr
Supplements
current lease expires May 31, 2024 delivering approximately $46,428 of annual scheduled income. Future 'paper add' upside exists from the current lease, which is only charging rent and CAM's/NNN's on the useable square footage.
Flyer 
Listing Office: Almon Commercial-Residential Real Estate
Last Updated: September - 07 - 2024
Property profiling information contained herein is believed to be accurate, but may contain approximations or estimates where appropriate. The information contained herein is not guaranteed. This information is provided for the sole use and benefit of those authorized to access Yakima Association of Realtors® ('YAR') Multiple Listing Service ('MLS') information, and may not be reproducerepresened to third parties as information produced, warranted, or represented by YAR or MLS to be guaranteed.