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    Yakima, WA
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    Yakima, WA Healthcare Properties for Sale

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    Yakima Medical Facility For Sale
    Updated: May 20
    Yakima Medical Facility For Sale

    504 North 40th Avenue, Yakima, WA 98908

    $2,800,000
    18,591 sqft 1.31 AC lot
    Leased to MultiCare Hospital through March 2027, providing immediate income.
    18,591 sq. ft. medical facility optimized for healthcare with 27 exam rooms, private lab, and procedure rooms.
    Located on Yakima's North 40th, the 2nd most traveled street in Yakima.
    Zoned B‑1, allowing for multiple uses beyond medical.
    Ample parking with 70 designated spaces.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    504 North 40th Avenue, Yakima, WA 98908

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    • Est. Cap Rate

      7.1%
      Above avg (5.9%)

    • Est. NOI

      $198K
      Annual

    • Price @ 7% Cap

      $2.83M
      Above asking

    • Last Sold

      Mar 2015
      $1.32M

    • Property Type

      Medical Building
      Built 1993
    View Property Analytics
    Built-Out Medical Office Building
    Updated: May 19
    Built-Out Medical Office Building

    504 N 40th Ave, Yakima, WA 98908

    $2,800,000
    13,762 sqft 1.13 AC lot
    18,591 sq. ft. built‑out medical facility leased to MultiCare Hospital through March 2027
    Includes 12,083 sq. ft. finished ground floor plus 2,730 sq. ft. finished basement and 3,778 sq. ft. unfinished basement
    27 exam rooms, private lab, 2 procedure rooms, 7 private offices, breakroom, conference room, and gym
    Zoned B‑1 on 1.31 acres, allowing multiple uses
    Metal roof and fully sprinkled interior; reserved space for a future basement elevator
    View details
    Medical Office Building with Excess Land
    Medical Office Building with Excess Land

    1608 S 24th Ave, Yakima, WA 98902

    $2,000,000
    14,456 sqft

    Double net leased medical office building with RPM Rehab, cell tower lease, and excess development land fronting S 24th Ave.

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    Standalone Retail/Office with Drive-Through
    Standalone Retail/Office with Drive-Through

    5800 Summitview Ave, Yakima, WA 98908

    Contact for pricing
    2,784 sqft

    Standalone suite with double-lane drive-through and prior bank buildout, including private offices, counter area, and open workspace.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Yakima, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Fitness Facility With Aquatic Lease
    Turn-Key Fitness Facility With Aquatic Lease

    1419 Sheridan Ave, Prosser, WA 99350

    $1,450,000
    18,962 sqft

    Turn-key fitness facility includes equipment, private offices, sauna, basketball court, group class room, and secure 24-hour access.

    View details
    Leased Medical Office Portfolio
    Leased Medical Office Portfolio

    1135 Jadwin Ave, Richland, WA 99352

    $2,000,000
    7,240 sqft

    Two adjacent single-tenant medical office buildings are 100% leased through November 30, 2029.

    View details
    Downtown Mixed-Use Building with Storefronts
    Downtown Mixed-Use Building with Storefronts

    1215 Meade Ave, Prosser, WA 99350

    $930,900
    6,201 sqft

    Mixed-use building with two retail storefronts, upstairs yoga studio, and a remodeled furnished short-term rental suite.

    View details
    Two-Story Medical Office Building
    Two-Story Medical Office Building

    829 Goethals Dr, Richland, WA 99352

    Contact for pricing
    0.74 AC lot

    Two-story professional building with private offices, exam rooms, reception, and flexible layout for medical, dental, or office use.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Medically Zoned Land Parcel
    Medically Zoned Land Parcel

    443 160th St, Seattle, WA 98166

    $895,000
    54,000 sqft 1.24 AC lot

    Two land parcels for sale near St. Anne Hospital.

    View details
    Kelso Riverfront Development Opportunity
    Kelso Riverfront Development Opportunity

    2000 South River Road, Kelso, WA 98626

    $2,400,000
    5.60 AC lot

    5.6-acre riverfront development site in Kelso, Washington.

    View details
    Commercial Land with Single-Family Home
    Commercial Land with Single-Family Home

    4434 W POWELL BLVD, Gresham, OR 97030

    $849,000
    0.86 AC lot

    A 0.86-acre site improved with a single-family home, zoned for moderate commercial uses in Gresham.

    View details
    Employment Center Zoned Development Land
    Employment Center Zoned Development Land

    14790 SE 172ND Ave, Clackamas, OR 97015

    $649,900
    0.75 AC lot

    Developed land in the City of Happy Valley zoned EC, with previously approved 7,500 SF building plans included.

    View details

    Off-Market Properties in Yakima, WA

    Consider similar Off-Market properties in Yakima, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3802 Tieton Dr
    MEDICAL BUILDING

    3802 Tieton Dr, Yakima, WA 98902-3666

    Value Estimation by Request
    3,183 sqft 0.29 AC lot
    View details
    1015 40th Ave Ste, Unit 14
    MEDICAL BUILDING

    1015 40th Ave Ste, Yakima, WA 98908-3867

    Unit 14
    Value Estimation by Request
    2,100 sqft 0.05 AC lot
    View details
    1015 40th Ave, Unit 12
    MEDICAL BUILDING

    1015 40th Ave, Yakima, WA 98908-3806

    Unit 12
    Value Estimation by Request
    855 sqft 0.02 AC lot
    View details
    303 12th Ave
    MEDICAL BUILDING

    303 12th Ave, Yakima, WA 98902-3112

    Value Estimation by Request
    6,332 sqft 0.29 AC lot
    View details
    1015 40th Ave
    MEDICAL BUILDING

    1015 40th Ave, Yakima, WA 98908-3806

    Value Estimation by Request
    977 sqft 0.02 AC lot
    View details
    1015 40th Ave
    MEDICAL BUILDING

    1015 40th Ave, Yakima, WA 98908-3806

    Value Estimation by Request
    1,445 sqft 0.03 AC lot
    View details
    1111 Spruce St Ste, Unit 30
    MEDICAL BUILDING

    1111 Spruce St Ste, Yakima, WA 98902-3264

    Unit 30
    Value Estimation by Request
    1,981 sqft 0.05 AC lot
    View details
    1015 40th Ave
    MEDICAL BUILDING

    1015 40th Ave, Yakima, WA 98908-3806

    Value Estimation by Request
    750 sqft 0.02 AC lot
    View details
    11 11th Ave Ste, Unit 101
    MEDICAL BUILDING

    11 11th Ave Ste, Yakima, WA 98902-3085

    Unit 101
    Value Estimation by Request
    792 sqft 0.02 AC lot
    View details
    2906 Nob Hl Blvd
    MEDICAL BUILDING

    2906 Nob Hl Blvd, Yakima, WA 98902-4953

    $750,000
    Estimated value
    7,285 sqft 0.37 AC lot
    View details
    3808 Tieton Dr
    MEDICAL BUILDING

    3808 Tieton Dr, Yakima, WA 98902-3691

    Value Estimation by Request
    2,236 sqft 0.16 AC lot
    View details
    1100 35th Ave
    HOMES (RETIRED, NURSING)

    1100 35th Ave, Yakima, WA 98902-7355

    $1,515,000
    Estimated value
    51,440 sqft 1.60 AC lot
    View details
    4205 Castlevale Rd
    MEDICAL BUILDING

    4205 Castlevale Rd, Yakima, WA 98908-5603

    $2,370,000
    Estimated value
    9,583 sqft 1.08 AC lot
    View details
    1100 35th Ave
    HOMES (RETIRED, NURSING)

    1100 35th Ave, Yakima, WA 98902-7355

    Value Estimation by Request
    9,126 sqft 0.83 AC lot
    View details
    116 11th Ave
    MEDICAL BUILDING

    116 11th Ave, Yakima, WA 98902-3204

    Value Estimation by Request
    2,946 sqft 0.32 AC lot
    View details
    314 12th Ave Ste, Unit 2
    MEDICAL BUILDING

    314 12th Ave Ste, Yakima, WA 98902-3149

    Unit 2
    Value Estimation by Request
    660 sqft 0.06 AC lot
    View details
    314 12th Ave Ste, Unit 1
    MEDICAL BUILDING

    314 12th Ave Ste, Yakima, WA 98902-3149

    Unit 1
    Value Estimation by Request
    922 sqft 0.08 AC lot
    View details
    408 2nd St
    MEDICAL BUILDING

    408 2nd St, Yakima, WA 98901-2816

    Value Estimation by Request
    3,219 sqft 0.15 AC lot
    View details
    5 14th Ave
    MEDICAL BUILDING

    5 14th Ave, Yakima, WA 98902-3101

    $1,395,000
    Estimated value
    8,400 sqft 0.51 AC lot
    View details
    11 11th Ave Ste, Unit 108
    MEDICAL BUILDING

    11 11th Ave Ste, Yakima, WA 98902-3085

    Unit 108
    Value Estimation by Request
    744 sqft 0.02 AC lot
    View details

    Yakima, WA Healthcare Properties Market Trends and Statistics

    Explore 72 healthcare properties for sale in Yakima, WA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 49,593 square feet of properties for sale, with an estimated market value of $7,600,000.

    Sale prices for medical real estate in Yakima, WA start at $2,000,000, averaging $2,533,333, and reaching up to $2,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical centers 3
    Rehabilitation centers 1

    Demographics Overview

    Population 134K
    Population Growth (5Y) +8.2%
    Median Household Income $66,183
    College Educated 16.6%

    High-Yield Neighborhoods for Investment

    Identify Yakima submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98908 $2.8M

    Taxes & Financing

    Tax Rate (average for all types) 0.74%
    Property Tax per SF $11.93 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Yakima County

    New Delisted

    Total CRE Inventory on Market (SF)

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