301 11Th AveYakima, WA 98902

Property Details for 301 11Th Ave

Year built

1975

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

2,036 SF

Zone code

B1

Property type

Retail properties

Property subtype

Retail space

APN

181324-34442

APU

18132434442

Description

This exceptional 2,036 square foot warehouse in Yakima, Washington, presents a fantastic opportunity. Located at 301 S 11th Ave, 98902, this property boasts a highly desirable corner location with convenient drive-up window access. Undergoing a complete remodel in recent years, the building features brand new HVAC, flooring, windows, doors, and electrical systems. The interior includes a modern drop ceiling with high-efficiency lighting and an ADA-compliant bathroom. High-speed cable is also installed. Ample parking is available, with customer parking in the front and employee parking conveniently located at the rear. Further enhancing its functionality, the warehouse includes a well-equipped kitchenette/break area and a spacious conference room. The seller is open to negotiating tenant improvements, making this property even more adaptable to a wide range of business needs. This is a truly move-in ready commercial space in a prime Yakima location.

• CAP approach

  CAP return

  Valuation

  6%

  $587,661

  6.5%

  $542,457

  7%

  $503,710

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,307,844

  Geo Method

  $988,074

• Alternative Use

  Use

  Valuation

  Residential

  $457,582

  Hospitality

  $419,143

  Educational

  $348,722

  Medical

  $360,715

  Retail

  $542,457

Location Insight

City

Yakima

County

Yakima

State

Washington

Latitude

46.5942

Longitude

-120.522

CBSA code

49420

CBSA name

YAKIMA, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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