Restaurant Space with
For Sale
Contact for pricing
1022 N Columbia Center Blvd, Kennewick, WA 99336
Commercial Sale, Kennewick, WA
Property Size5,537 SF
Lot Size0.29 Acres
Price / SF$0.00
Days on Market246
Property Features for 1022 N Columbia Center Blvd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMCL GENERAL
Parking
41
Subdivision
Kennewick West
Directions
Corner of N. Columbia Center Blvd and Okanogan. Second floor.
Standard status
Active
APN
131991000026000
Size
5,537 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
17147
Building Details
Year built
2013
Listing Agency:
EXIT Realty Tri-Cities Life
(509) 551-4770
Listed By:
Steven Lambert · License #25450
(509) 735-4042
Added: Feb 13
Changed: Oct 16
Last Checked: Oct 17 at 4:06PM
MLS# 290602
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.
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Investment Insights
Based on property information with market context.
Restaurant space at 1022 N Columbia Center Blvd includes an existing bar top and taps, a walk-in freezer, high ceilings, and floor-to-ceiling windows. The property was built in 2013 and sits on a 0.29-acre lot. COMMCL GENERAL zoning is in place.
The site occupies a signalized corner on Columbia Center Blvd in Kennewick. Nearby retail and dining businesses include Target, Lowe’s, Dick’s Sporting Goods, Best Buy, Ulta, At Home, Chipotle, Applebee’s, Natural Grocers, and Ranch & Home. The Toyota Center is also identified as a nearby entertainment venue.
The site occupies a signalized corner on Columbia Center Blvd in Kennewick. Nearby retail and dining businesses include Target, Lowe’s, Dick’s Sporting Goods, Best Buy, Ulta, At Home, Chipotle, Applebee’s, Natural Grocers, and Ranch & Home. The Toyota Center is also identified as a nearby entertainment venue.
Key Highlights
- Restaurant property with an existing bar top and taps
- Walk‑in freezer in place
- High ceilings and floor‑to‑ceiling windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,304
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,706,080
$1.7M
Cap Rate 7%
$1,218,629
$1.2M
Cap Rate 9%
$947,822
$947.8K
Market Conditions
NOI Build-Up for 5,537 SF
Gross rent
$119.6K $21.60/SF
− Vacancy
−$5.9K −$1.06/SF
EGI
$113.7K $20.54/SF
− OpEx
−$28.4K −$5.14/SF
NOI
$85.3K $15.41/SF
Area
Benton County, WA
Vacancy
4.90%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,706,080
Cap Rate 7%
$1,218,629
Cap Rate 9%
$947,822
Alternative Uses
Best Use
Specialty Retail
$1.22M
$1.07M – $1.42M
NOI $85,304 @ 7.0% cap · market cap 315,940.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.54M
$1.34M – $1.79M
NOI $107,503 @ 7.0% cap · market cap 398,159.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,783
Businesses Nearby
416k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 41%
Dining 33%
Shops & Services 10%
Home Improvements & Furnishings 6%
Macy's
Apparel
88,256 visits/mo
0.4 miles
JCPenney
Apparel
74,147 visits/mo
0.5 miles
Jo-Ann Fabric and Craft
Shops & Services
39,755 visits/mo
0.4 miles
Texas Roadhouse
Dining
36,799 visits/mo
0.2 miles
Red Robin Gourmet Burgers
Dining
25,726 visits/mo
0.1 miles
Demographics for 99336, WA
51,127
Population
20,915
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
85%
High-School Grad
13.4 sq mi
ZIP Area
3,815
Density / Sq Mi
$63,308
Median Household Income
$38,211
Median Earnings
$1,155
Median Rent
$292,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing beverage and cold-storage features support restaurant operations, with COMMCL GENERAL zoning.
Where is this conventional restaurant located?
The property is located at 1022 N Columbia Center Blvd Kennewick, WA.
What are key features of this property?
This property features: Restaurant property with an existing bar top and taps; Walk‑in freezer in place; High ceilings and floor‑to‑ceiling windows
