$2,165,000
Yakima, WA 98901
MLS# 23-1533
Status: Closed
39276 sqft

1 / 43
Property Description
This exceptional property presents a remarkable opportunity for investors, organizations, and entrepreneurs. Featuring 39,276 square feet throughout two buildings within an opportunity zone, this versatile space holds immense potential for repurposing or redevelopment. With its previous use as a church, the property offers a unique foundation for a range of purposes, from religious organizations to community centers, educational institutions, event venues, and creative workspaces. The expansive 2.54-acre land provides ample room for expansion or outdoor amenities, while the low tax rate of $0.03 per square foot for 2022 adds further appeal. Zoned B1, the property allows for diverse commercial uses, ensuring flexibility in planning your venture. With its prime location, advantageous tax benefits, and ample space for customization, this property represents a captivating investment opportunity ready to be transformed into a thriving and vibrant space. Don't miss the chance to secure this exceptional property and unlock its endless possibilities.
Details
Maps
Contract Information
List Pr Description: Total List Price
Seller Disclosure: Yes
Current Price: $2,165,000
MLS Service Begin Date: 2023-07-14
Status: Closed
Sold Price: $2,165,000
Sub Type: Commercial Property
General Property Description
Lot Front Ft Approx: 101
Lot Depth Ft Approx: 550
Total Approx Lot SF: 55321.2
Acreage M/L: 1.27
List Price Per SqFt: 45.83
Realtor.COM Type: Commercial
Sale/Lease: For Sale
Main Use: Special Purpose
Detail Use: Religious Facility
Year Built: 1965
Total Apx SF: 39276
Location, Tax & Legal
Taxes: 1910.84
Tax Year: 2023
Spec Tax Designation: None
Parcel Number: 191318-34400
Sellers Title Ins Co: Fidelity Title
Area (with SubArea): 1A - NE Yakima
House Number: 509
Street Dir: N
Street Name: 4th
Street Suffix: St
State/Province: WA
Zip Code: 98901
Remarks & Misc
Public Remarks: This exceptional property presents a remarkable opportunity for investors, organizations, and entrepreneurs. Featuring 39,276 square feet throughout two buildings within an opportunity zone, this versatile space holds immense potential for repurposing or redevelopment. With its previous use as a church, the property offers a unique foundation for a range of purposes, from religious organizations to community centers, educational institutions, event venues, and creative workspaces. The expansive 2.54-acre land provides ample room for expansion or outdoor amenities, while the low tax rate of $0.03 per square foot for 2022 adds further appeal. Zoned B1, the property allows for diverse commercial uses, ensuring flexibility in planning your venture. With its prime location, advantageous tax benefits, and ample space for customization, this property represents a captivating investment opportunity ready to be transformed into a thriving and vibrant space. Don't miss the chance to secure this exceptional property and unlock its endless possibilities.
Directions: East on Lincoln Ave from 1st, North on N. 4th to address
Status Change Info
Sold Pr Description: Total Sold Price
Financing: CASH
Sold Date: 2023-09-08
Under Contract Date: 2023-07-22
Status Change Date: 2023-09-08
Sold Price: $2,165,000
Crops
None: 1
Domestic Water
Public Water: 1
Irrigation
No: 1
Lot Size
1+ - 5.0 Acres: 1
Foundation
Concrete: 1
Heat
Forced Air: 1
Sewage System
Connected: 1
Construction Style
Agent Remarks: 1
Zoning
B1 - Prof Bus: 1
Roof
Built-Up: 1
Lot Features
Corner: 1
Paved Road: 1
Floor Coverings
Agent Remarks: 1
Siding
Brick: 1
Sq Ft Source
County Assessor: 1
Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Property Features
Construction Style: Agent Remarks
Crops: None
Domestic Water: Public Water
Floor Coverings: Agent Remarks
Foundation: Concrete
Heat: Forced Air
Irrigation: No
Lot Features: Corner; Paved Road
Lot Size: 1+ - 5.0 Acres
Roof: Built-Up
Sewage System: Connected
Siding: Brick
Sq Ft Source: County Assessor
Terms: Cash; Conventional
Possession: Close Of Escrow
Zoning: B1 - Prof Bus
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.