$2,895,000
Yakima, WA 98902
MLS# 25-2103
40827 sqft
1 / 28
Property Description
THIS OFFERING is for the opportunity to purchase a 40,827SF warehouse property in Yakima's Central Business District zoned CBD - this site allows for a broad range of commercial, light-industrial, manufacturing, flex, and retail uses. The property features a secured yard for parking, loading or materials storage and has undergone significant recent capital improvements under current ownership. Recent upgrades include a brand-new torch-down roof layer (in part), newly poured interior concrete flooring, a complete fire suppression system, asbestos remediation, fresh interior and exterior paint, and new interior drywall throughout portions of the building. Formerly home to Franz Bakery, the space has been thoughtfully improved and positioned well for adaptive reuse and stabilization. Market rents are estimated to average $.65/SF/Month. Ownership originally envisioned a mixed-use concept, leasing part of the building as traditional warehouse space while demising the remainder into retail, storage or flex spaces making it well suited for investors, owner-users, or developers seeking versatility in a growing market. Note: the building is mostly vacant with one tenant leasing 7,423SF.
Details
Maps
Documents
Contract Information
List Pr Description: Total List Price
Seller Disclosure: No
Current Price: $2,895,000
MLS Service Begin Date: 2025-07-29
Status: Active
List Price: $2,895,000
Sub Type: Commercial Property
General Property Description
Lot Front Ft Approx: 0
Lot Depth Ft Approx: 0
Total Approx Lot SF: 51836
Acreage M/L: 1.19
List Price Per SqFt: 70.91
Realtor.COM Type: Commercial
Sale/Lease: For Sale
Main Use: Industrial
Detail Use: Flex Space
Year Built: 1939
Total Apx SF: 40827
Location, Tax & Legal
Taxes: 20518
Tax Year: 2025
Spec Tax Designation: None
Parcel Number: 181324-14515
Sellers Title Ins Co: Fidelity Title
Area (with SubArea): 2A - Btwn N 1st/16th
House Number: 31
Street Dir: N
Street Name: 4th
Street Suffix: Ave
State/Province: WA
Zip Code: 98902
Remarks & Misc
Public Remarks: THIS OFFERING is for the opportunity to purchase a 40,827SF warehouse property in Yakima's Central Business District zoned CBD - this site allows for a broad range of commercial, light-industrial, manufacturing, flex, and retail uses.
The property features a secured yard for parking, loading or materials storage and has undergone significant recent capital improvements under current ownership.
Recent upgrades include a brand-new torch-down roof layer (in part), newly poured interior concrete flooring, a complete fire suppression system, asbestos remediation, fresh interior and exterior paint, and new interior drywall throughout portions of the building.
Formerly home to Franz Bakery, the space has been thoughtfully improved and positioned well for adaptive reuse and stabilization. Market rents are estimated to average $.65/SF/Month.
Ownership originally envisioned a mixed-use concept, leasing part of the building as traditional warehouse space while demising the remainder into retail, storage or flex spaces making it well suited for investors, owner-users, or developers seeking versatility in a growing market. Note: the building is mostly vacant with one tenant leasing 7,423SF.
Directions: West on Yakima Ave.
Right on N. 4th Ave.
Building on right.
Basement
None: 1
Property Information
Loading Dock: Side Load
Drive In Doors: 7
Domestic Water
Public Water: 1
Irrigation
No: 1
Lot Size
1+ - 5.0 Acres: 1
Foundation
Concrete Pad: 1
Heat
Ceiling: 1
Sewage System
Connected: 1
Construction Style
Block: 1
Zoning
CBD - Cent Bus Dist: 1
Roof
Built-Up: 1
Lockbox
Agent Remarks: 1
Lot Features
Bus Line: 1
Fenced - Part: 1
Level: 1
Sprinkler Full: 1
Floor Coverings
Concrete: 1
Siding
Brick: 1
Wood: 1
Sq Ft Source
County Assessor: 1
Terms
Cash: 1
Commercial: 1
Possession
Close Of Escrow: 1
Status Change Info
Status Change Date: 2025-07-29
Property Features
Basement: None
Construction Style: Block
Domestic Water: Public Water
Floor Coverings: Concrete
Foundation: Concrete Pad
Heat: Ceiling
Irrigation: No
Lockbox: Agent Remarks
Lot Features: Bus Line; Fenced - Part; Level; Sprinkler Full
Lot Size: 1+ - 5.0 Acres
Roof: Built-Up
Sewage System: Connected
Siding: Brick; Wood
Sq Ft Source: County Assessor
Terms: Cash; Commercial
Possession: Close Of Escrow
Zoning: CBD - Cent Bus Dist
Lead Paint 
Listing Office: Almon Commercial-Residential Real Estate
Last Updated: July - 29 - 2025
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.