$3,450,000
506 N 40th Ave
Yakima, WA 98908
MLS# 21-2163
Status: Closed
14070 sqft


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Property Description
100% fully leased Class A office space with 5 tenants (one is Washington State) in a great central location on 40th Ave near Englewood Ave. All but one small lease has 6+ years remaining. This property was fully renovated in 2019 with high end finished like glass walls as well as dry erase walls in each office, large offices, and conference rooms as well. ADA compliant with and elevator serving all 3 floors. Plenty of parking and ideal property for a 1031 buyer. See marketing package for details.

Details
Maps
Documents
Contract Information
List Pr Description: Total List Price
Seller Disclosure: Yes
Current Price: $3,450,000
MLS Service Begin Date: 2021-08-23
Status: Closed
Sold Price: $3,450,000
Sub Type: Commercial Property
General Property Description
Lot Front Ft Approx: 225
Lot Depth Ft Approx: 200
Total Approx Lot SF: 45738
Acreage M/L: 1.05
List Price Per SqFt: 252.31
Realtor.COM Type: Commercial
Sale/Lease: For Sale
Main Use: Office
Year Built: 1994
Total Apx SF: 14070
Location, Tax & Legal
Taxes: 28034
Tax Year: 2021
Spec Tax Designation: None
Parcel Number: 181322-21448
Sellers Title Ins Co: Fidelity Title
Area (with SubArea): 4 - NW Yakima 40th/80th
House Number: 506
Street Dir: N
Street Name: 40th
Street Suffix: Ave
State/Province: WA
Zip Code: 98908
Remarks & Misc
Public Remarks: 100% fully leased Class A office space with 5 tenants (one is Washington State) in a great central location on 40th Ave near Englewood Ave. All but one small lease has 6+ years remaining. This property was fully renovated in 2019 with high end finished like glass walls as well as dry erase walls in each office, large offices, and conference rooms as well. ADA compliant with and elevator serving all 3 floors. Plenty of parking and ideal property for a 1031 buyer. See marketing package for details.
Directions: On the west side of 40th Ave right before Englewood.
Status Change Info
Sold Pr Description: Total Sold Price
Financing: CASH
Sold Date: 2021-11-08
Under Contract Date: 2021-09-09
Status Change Date: 2021-11-10
Sold Price: $3,450,000
Basement
Finished: 1
Crops
None: 1
Domestic Water
Public Water: 1
Air Conditioning
Central Air: 1
Lot Size
1+ - 5.0 Acres: 1
Accessibility
Doors 32in+: 1
Grab Bars: 1
Foundation
Concrete: 1
Heat
Forced Air: 1
Gas: 1
Sewage System
Connected: 1
Construction Style
Frame: 1
Zoning
B1 - Prof Bus: 1
Roof
Tile: 1
Lockbox
Agent Remarks: 1
Lot Features
Bus Line: 1
Floor Coverings
Slate: 1
Tile: 1
Siding
Vinyl: 1
Sq Ft Source
Appraisal: 1
Terms
Cash: 1
Conventional: 1
Commercial: 1
Possession
Close Of Escrow: 1
Property Features
Accessibility: Doors 32in+; Grab Bars
Air Conditioning: Central Air
Basement: Finished
Construction Style: Frame
Crops: None
Domestic Water: Public Water
Floor Coverings: Slate; Tile
Foundation: Concrete
Heat: Forced Air; Gas
Lockbox: Agent Remarks
Lot Features: Bus Line
Lot Size: 1+ - 5.0 Acres
Roof: Tile
Sewage System: Connected
Siding: Vinyl
Sq Ft Source: Appraisal
Terms: Cash; Conventional; Commercial
Possession: Close Of Escrow
Zoning: B1 - Prof Bus

IDX
Listing Office: Keller Williams Yakima Valley

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.