Retail and Warehouse
2501 N Columbia Center Blvd Richland, WA 99352
For Sale
$3,000,000
Pending
SINGLE_FAMILY - Richland, WA
Property Size10,986 SF
Lot Size1.18 Acres
Days on Market378
Property Features for 2501 N Columbia Center Blvd
General Information
Property type
Residential
Property subtype
Retail
Zoning
COMMCL RETAIL
Parking
21
Standard status
Pending
APN
130991030001004
Lot size
1.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
13670
Building Details
Year built
2012
Listing Agency:
EverStar Realty
(509) 735-4042
Listed By:
Gayle Stack · License #2021
(509) 308-7310
Added: Jul 17, 2025
Changed: Jul 6
Last Checked: Jul 29 at 3:06PM
MLS# 285926
Copyright © 2026 PACMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This modern retail and warehouse facility is built with abundant windows and flexible interior systems. It includes 5,576 SF of retail/showroom space with 14' ceiling height and 5,410 SF of climate-controlled warehouse space with 16' ceiling height. Loading capacity is supported by two loading docks with truck doors capable of offloading 53' semis, plus one ground-level truck door. All truck doors measure 7' 6"W x 8' H. Additional improvements include two handicap, multi-stall restrooms and a kitchen/breakroom, gas HVAC for the main retail and warehouse areas, and a second electric system serving the restrooms and kitchen. The property is wired for security and includes a fire alarm. Under-floor power, CAT lines, and HVAC distribution are in place to support future configuration.
The property is located one block north of Hwy 240 on Columbia Center Blvd in Richland, Washington. The listed zoning is COMMCL RETAIL, with reference to C2 Retail Business.
The combination of a high-ceiling showroom, climate-controlled warehouse, and multiple loading options can work well for businesses needing both customer-facing space and functional distribution or storage under one roof.
The property is located one block north of Hwy 240 on Columbia Center Blvd in Richland, Washington. The listed zoning is COMMCL RETAIL, with reference to C2 Retail Business.
The combination of a high-ceiling showroom, climate-controlled warehouse, and multiple loading options can work well for businesses needing both customer-facing space and functional distribution or storage under one roof.
Key Highlights
- 2012‑built premium retail/office property on Columbia Center Blvd, one block north of Hwy 240
- 5,576 SF retail/showroom space with 14' ceiling height and abundant windows
- 5,410 SF climate‑controlled warehouse with 16' ceiling height
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $197.7k | $18.00 |
| − Vacancy | −$13.1k | −$1.19 |
| EGI | $184.7k | $16.81 |
| − OpEx | −$55.4k | −$5.04 |
| NOI | $129.3k | $11.77 |
10,986 SF · lease $18.00/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.85M
$1.62M – $2.15M
NOI $129,288 @ 7.0% cap · market cap 4.31%
Second Best
Flex RnD
$1.24M
$1.09M – $1.45M
NOI $87,096 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$3.05M
$2.67M – $3.55M
NOI $213,298 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Modern retail showroom and climate-controlled warehouse with high ceilings and multiple truck-loading doors.
Where is this flex space located?
The property is located at 2501 N Columbia Center Blvd Richland, WA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 2012‑built premium retail/office property on Columbia Center Blvd, one block north of Hwy 240; 5,576 SF retail/showroom space with 14' ceiling height and abundant windows; 5,410 SF climate‑controlled warehouse with 16' ceiling height
