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    221 Martin Luther King Blvd Yakima, WA 98901

    For Sale
    $1,400,000

    High-traffic location, 42,201 sq ft, ideal for redevelopment.

    Property size:
    42,201 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, located at 221 E Martin Luther King Blvd in Yakima, WA, presents a significant investment opportunity. Boasting a substantial 42,201 square feet of space on a 0.52-acre lot, this general commercial building offers immense potential for a variety of uses. Its prime location on Martin Luther King Boulevard ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in the Yakima market. The property's size allows for significant flexibility in terms of layout and functionality, accommodating a wide range of commercial ventures. Whether you envision a retail space, office complex, or mixed-use development, this building provides a solid foundation for your business goals. The asking price of $1,400,000 reflects the property's considerable size, strategic location, and redevelopment potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is zoned for general commercial use, providing a wide range of permitted activities. Further due diligence is recommended to confirm zoning and permitted uses. This is a rare opportunity to acquire a substantial commercial property in a thriving Yakima location. Don't miss out on this chance to secure a prime piece of Yakima real estate.

    Property Features for 221 Martin Luther King Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    42,201 SF
    Lot Size
    22,651 SF

    Building Details

    Year Built
    1908
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Yakima
    County
    Yakima
    State
    Washington
    Longitude
    -120.5049
    Latitude
    46.60555

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, 42,201 sq ft, ideal for redevelopment.
    Where is this commercial real estate located?
    The property is located at 221 Martin Luther King Blvd Yakima, WA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (509) 966-3800
    Request Owner's contact information
    221 Martin Luther King Blvd Yakima, WA 98901
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    Yakima, WA 98901
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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
    221 Martin Luther King Blvd Yakima, WA 98901
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