$6,000,000
Kennewick, WA 99336
MLS# 22-2554
Status: Closed
46000 sqft
1 / 28
Property Description
VALUE ADD OPPORTUNTIY. Nice industrial portfolio consisting of 4 buildings on 3 parcels. Room to convert all the leases to NNN on renewals as well as get rents up to market rent. 3 buildings are in Kennewick across the street from Vista field which is currently undergoing revitalization. The first building is 8400sf built in 2004 consisting of 6 tenants (most on NNN leases) each has a private office, restroom and one or two 10' grade level doors in the back. There are a total of 7 grade level doors in this building. The next two buildings (adjacent to the first) are each 12,000sf (24,000sf total) were built in 2018 consisting of 5 tenants all on NNN leases that have private offices and 14' grade level doors to each suite. Warehouse is 16' at the eves and 18' in the center. The last building, built in 2007 is located off Battelle Ave, it sits on 2.50 acres (with room to expand or build another building) in Richland and is a 14,000sf with two tenants. The building is 20' at the eves and 24' at the peak One tenant occupies 8000sf (has been at this location since it was built) and has a long term contract with Hanford and the other occupies 6000sf and also is a support company for Hanford the Dept of Energy.
Details
Maps
Documents
Contract Information
List Pr Description: Total List Price
Seller Disclosure: Yes
Current Price: $6,000,000
MLS Service Begin Date: 2022-10-04
Status: Closed
Sold Price: $6,000,000
Sub Type: Commercial Property
General Property Description
Lot Front Ft Approx: 700
Lot Depth Ft Approx: 300
Total Approx Lot SF: 210177
Acreage M/L: 4.82
Total Space Avail SF: 46000
List Price Per SqFt: 134.78
Realtor.COM Type: Commercial
Sale/Lease: For Sale
Main Use: Industrial
Year Built: 2016
Total Apx SF: 46000
Location, Tax & Legal
Taxes: 23084.98
Tax Year: 2022
Spec Tax Designation: None
Parcel Number: 132994BP3325001, 132994013084001, 115084013534004
Sellers Title Ins Co: Fidelity Title
Area (with SubArea): 14 - Out of County
House Number: 6503
Street Dir: W
Street Name: Okanogan
Street Suffix: Ave
State/Province: WA
Zip Code: 99336
Remarks & Misc
Public Remarks: VALUE ADD OPPORTUNTIY. Nice industrial portfolio consisting of 4 buildings on 3 parcels. Room to convert all the leases to NNN on renewals as well as get rents up to market rent. 3 buildings are in Kennewick across the street from Vista field which is currently undergoing revitalization. The first building is 8400sf built in 2004 consisting of 6 tenants (most on NNN leases) each has a private office, restroom and one or two 10' grade level doors in the back. There are a total of 7 grade level doors in this building.
The next two buildings (adjacent to the first) are each 12,000sf (24,000sf total) were built in 2018 consisting of 5 tenants all on NNN leases that have private offices and 14' grade level doors to each suite. Warehouse is 16' at the eves and 18' in the center.
The last building, built in 2007 is located off Battelle Ave, it sits on 2.50 acres (with room to expand or build another building) in Richland and is a 14,000sf with two tenants. The building is 20' at the eves and 24' at the peak One tenant occupies 8000sf (has been at this location since it was built) and has a long term contract with Hanford and the other occupies 6000sf and also is a support company for Hanford the Dept of Energy.
Directions: W Canal St. sout on N. Kellong St, west on W. Okanogan
Status Change Info
Sold Pr Description: Total Sold Price
Financing: CONV
Sold Date: 2023-01-05
Under Contract Date: 2022-10-31
Status Change Date: 2023-01-06
Sold Price: $6,000,000
Basement
None: 1
Domestic Water
Public Water: 1
Who Pays Costs
Maint Struct: L
Maint Ext Walls: L
Maint Interior: L
Air Conditioning
Central Air: 1
Lot Size
1+ - 5.0 Acres: 1
Accessibility
Agent Remarks: 1
Foundation
Concrete: 1
Heat
Gas: 1
Sewage System
Connected: 1
Construction Style
Frame: 1
Zoning
M1 - Light Indus: 1
Roof
Metal: 1
Lockbox
Agent Remarks: 1
Floor Coverings
Concrete: 1
Siding
Stucco: 1
Sq Ft Source
County Assessor: 1
Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Property Features
Accessibility: Agent Remarks
Air Conditioning: Central Air
Basement: None
Construction Style: Frame
Domestic Water: Public Water
Floor Coverings: Concrete
Foundation: Concrete
Heat: Gas
Lockbox: Agent Remarks
Lot Size: 1+ - 5.0 Acres
Roof: Metal
Sewage System: Connected
Siding: Stucco
Sq Ft Source: County Assessor
Terms: Cash; Conventional
Possession: Close Of Escrow
Zoning: M1 - Light Indus
Legal Description 
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.