For Sale
$325,000

818 Wisconsin AveTieton, WA 98947

Four Units & Retail: High-Yield Investment.

Overview

Added:
Feb 3
Days on market:
58
This exceptional commercial property, situated on a 0.14-acre lot at 818 Wisconsin Ave in the burgeoning town of Tieton, WA, presents a unique investment opportunity. The 5,868 square foot building boasts four separate rental units and retail space, currently generating a total monthly rental income of $3,675. The unit mix includes one three-bedroom apartment, two two-bedroom apartments, and one one-bedroom apartment, all with existing lease agreements in place. The commercial space benefits from recently installed mini-split heating and cooling systems, ensuring year-round comfort and efficiency. Significant upgrades were completed in 2017, enhancing the property's overall quality and appeal. Annual operating expenses are estimated at $11,030, encompassing water, sewer, and garbage services ($8,860) and insurance ($2,170). This property offers a compelling blend of immediate income generation and potential for future growth, making it an ideal investment for a family business seeking additional revenue streams or a savvy investor looking for a strong return on investment in a vibrant, up-and-coming community. The property's central location within Tieton provides excellent visibility and accessibility.

Property Details for 818 Wisconsin Ave

Property type
Square Feet
5,868 SF
Year Built
1920
Lot Size (sq. ft)
6,098 SF

Location Insight

City
Tieton
County
Yakima County
State
Washington
Latitude
46.7048
Longitude
-120.7561
818 Wisconsin Ave, Tieton, Washington

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818 Wisconsin Ave
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