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    504 40Th Ave Yakima, WA 98908

    For Sale
    $2,900,000

    Prime Yakima location, 13,762 sq ft commercial building. High potential.

    Property size:
    13,762 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, located at 504 N 40th Ave in Yakima, WA, presents a significant investment opportunity. The building encompasses a substantial 13,762 square feet of space, offering ample room for a variety of commercial uses. Situated on a generous 1.13-acre lot, the property provides ample parking and potential for expansion or future development. The asking price is $2,900,000. The property's size and location in Yakima make it ideal for businesses seeking a prominent presence in a thriving market. Its versatility allows for adaptation to suit diverse commercial needs, from retail and office spaces to light industrial operations. The substantial lot size offers significant flexibility for future development or expansion projects. This is a rare opportunity to acquire a large, well-located commercial property in Yakima, WA, offering significant potential for growth and return on investment. Serious inquiries are encouraged to explore the possibilities this property presents. Further details and property specifics are available upon request. The property is ready for immediate occupancy.

    Property Features for 504 40Th Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    13,762 SF
    Lot Size
    49,223 SF

    Building Details

    Year Built
    1993
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Family Medicine of Yakima: ... Family Practice Physician Mindy Udell Obstetrician-Gynecologist Kial Wiley Family Practice Physician Midhuna Papazian Family Practice Physician Family Medicine of Yakima: ... Family Practice Physician

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    -120.5634
    Latitude
    46.60564

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Yakima location, 13,762 sq ft commercial building. High potential.
    Where is this commercial real estate located?
    The property is located at 504 40Th Ave Yakima, WA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    (509) 966-1020
    Request Owner's contact information
    504 40Th Ave Yakima, WA 98908
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    Yakima, WA 98908
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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
    504 40Th Ave Yakima, WA 98908
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