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    818 Wisconsin Ave Tieton, WA 98947

    For Sale
    $325,000

    Four Units & Retail: High-Yield Investment.

    Property size:
    5,868 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, situated on a 0.14-acre lot at 818 Wisconsin Ave in the burgeoning town of Tieton, WA, presents a unique investment opportunity. The 5,868 square foot building boasts four separate rental units and retail space, currently generating a total monthly rental income of $3,675. The unit mix includes one three-bedroom apartment, two two-bedroom apartments, and one one-bedroom apartment, all with existing lease agreements in place. The commercial space benefits from recently installed mini-split heating and cooling systems, ensuring year-round comfort and efficiency. Significant upgrades were completed in 2017, enhancing the property's overall quality and appeal. Annual operating expenses are estimated at $11,030, encompassing water, sewer, and garbage services ($8,860) and insurance ($2,170). This property offers a compelling blend of immediate income generation and potential for future growth, making it an ideal investment for a family business seeking additional revenue streams or a savvy investor looking for a strong return on investment in a vibrant, up-and-coming community. The property's central location within Tieton provides excellent visibility and accessibility.

    Property Features for 818 Wisconsin Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,868 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1920
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tieton
    County
    Yakima County
    State
    Washington
    Longitude
    -120.7561
    Latitude
    46.7048

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    FAQs

    What type of property is this?
    Commercial real estate - Four Units & Retail: High-Yield Investment.
    Where is this commercial real estate located?
    The property is located at 818 Wisconsin Ave Tieton, WA.
    What is the asking price?
    The asking price for this property is $325,000.
    (509) 901-8114
    Request Owner's contact information
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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
    818 Wisconsin Ave Tieton, WA 98947
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