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    1356 Jadwin Ave Richland, WA 99354

    For Sale
    $1,290,000

    Uptown Mall, fully leased, high-traffic location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity presents two retail units totaling 4597 square feet, situated within the vibrant Uptown Mall in Richland, WA. The property, encompassing 0.13 acres, boasts a prime central location ensuring high visibility and foot traffic. Currently fully leased to three distinct tenants, this offering provides immediate and consistent cash flow. One unit houses a thriving retro clothing retail store, while the second unit is cleverly divided, featuring a tattoo shop at the front and an electronics repair business at the rear. This diverse tenant mix mitigates risk and ensures a stable income stream. Convenient alley access at the rear of the property facilitates efficient loading and unloading, while ample parking is readily available, managed by the City of Richland. The property is priced at $1,290,000, representing a compelling return on investment in a thriving retail market. This is a rare chance to acquire a well-established, fully leased retail property in a desirable location. The strong tenant occupancy and central location make this an ideal addition to any investment portfolio. Given the current market conditions and the property's characteristics, this is a highly sought-after opportunity that is not expected to remain available for long. Serious inquiries only. Please do not disturb the tenants.

    Property Features for 1356 Jadwin Ave

    General Information

    Property type
    Retail properties
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1947
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dental Lab Dental Laboratory One piece of retro Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richland
    County
    Benton
    State
    Washington
    Longitude
    -119.2764
    Latitude
    46.2882

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    FAQs

    What type of property is this?
    Retail property - Uptown Mall, fully leased, high-traffic location.
    Where is this retail property located?
    The property is located at 1356 Jadwin Ave Richland, WA.
    What is the asking price?
    The asking price for this property is $1,290,000.
    (509) 547-5542
    Request Owner's contact information
    1356 Jadwin Ave Richland, WA 99354
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    Richland, WA 99354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1356 Jadwin Ave Richland, WA 99354
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