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    502 2Nd St Yakima, WA 98901

    For Sale
    $1,200,000

    High-traffic area, 9,474 sq ft, 0.66 acres.

    Property size:
    9,474 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property, located at 502 N 2nd St in Yakima, WA, presents a unique investment opportunity. Boasting a substantial 9,474 square feet of space, this general commercial building sits on a sizable 0.66-acre lot, offering ample room for expansion or outdoor activities. The property's prime location in Yakima ensures high visibility and accessibility, making it ideal for a variety of businesses. The asking price is $1,200,000. Given its size and location, this property is well-suited for businesses requiring significant space and prominent street presence. The building's versatility allows for adaptation to a wide range of commercial uses, making it an attractive prospect for entrepreneurs and investors alike. The substantial lot size provides additional potential for future development or expansion, adding further value to this already compelling investment. Serious inquiries are encouraged to explore the possibilities this exceptional Yakima commercial property offers. The property is ready for immediate occupancy, presenting a rare opportunity to secure a well-positioned commercial space in a thriving market. Detailed property information and specifications are available upon request.

    Property Features for 502 2Nd St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,474 SF
    Lot Size
    28,750 SF

    Building Details

    Year Built
    1992
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Valley Title Guarantee Title Company ANTOJITOS LOS MICHOACANOS Fruits Wholesaler

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply 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
    -120.5083
    Latitude
    46.60915

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic area, 9,474 sq ft, 0.66 acres.
    Where is this commercial real estate located?
    The property is located at 502 2Nd St Yakima, WA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (509) 966-9900
    Request Owner's contact information
    502 2Nd St 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
    502 2Nd St Yakima, WA 98901
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