Single-Tenant Office
New
For Sale
$289,000
116 E Main St, Goldendale, WA 98620
CommercialSale, Goldendale, WA
Property Size2,000 SF
Price / SF$144.50
Days on Market2
Property Features for 116 E Main St
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Busines
Directions
Drive to downtown Goldendale - WorkSource ESD building is located at 116 E Main St.
Subdivision
_108
Standard status
Active
APN
04162154040500
Size
2,000 SF
Taxes and HOA fees
Tax Description
LOT 5 BLOCK 4 CHATFIELDS FIRST NWNW 21-4-16
Tax Annual Amount
1110
Legal Description
LOT 5 BLOCK 4 CHATFIELDS FIRST NWNW 21-4-16
Utilities
Heating system
Forced Air, Heat Pump (Heating)
Cooling system
Heat Pump
Building Details
Year built
1948
Building materials
Brick, Concrete, WoodSiding
Listing Agency:
Coldwell Banker Cascade Real Estate · Coldwell Banker Real Estate
(509) 773-7799
Listed By:
Adam Rynd · License #24798
(206) 799-1059
Added: Aug 27
Last Checked: Aug 28 at 12:06AM
MLS# 508198034
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,000-square-foot office building was constructed in 1948 and is occupied by the Washington State Employment Security Department under a lease running through October 31, 2031. The improvements include brick, concrete, and wood siding, with forced-air and heat-pump heating plus heat-pump cooling. Dedicated parking is also provided.
The property is positioned on Main Street in downtown Goldendale, within Klickitat County. Its office configuration, established construction, and government-agency tenancy offer a straightforward profile for an investor seeking an income-producing commercial building. The reported capitalization rate is 8.0%, with a 10.34 Gross Rent Multiplier.
The property is positioned on Main Street in downtown Goldendale, within Klickitat County. Its office configuration, established construction, and government-agency tenancy offer a straightforward profile for an investor seeking an income-producing commercial building. The reported capitalization rate is 8.0%, with a 10.34 Gross Rent Multiplier.
Key Highlights
- 2,000‑square‑foot office building constructed in 1948
- Leased to the Washington State Employment Security Department through October 31, 2031
- 8.0% capitalization rate and 10.34 Gross Rent Multiplier
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
Explore this area
Business Placement
Demographics for 98620, WA
7,655
Population
3,629
Households
2.1
Avg Household Size
49
Median Age
24%
College-Educated
90%
High-School Grad
468.3 sq mi
ZIP Area
16
Density / Sq Mi
$55,029
Median Household Income
$35,822
Median Earnings
$881
Median Rent
$252,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - State agency occupancy and a lease extending through 2031 support a stable office investment profile.
Where is this office building located?
The property is located at 116 E Main St Goldendale, WA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 2,000‑square‑foot office building constructed in 1948; Leased to the Washington State Employment Security Department through October 31, 2031; 8.0% capitalization rate and 10.34 Gross Rent Multiplier
