Single-Tenant Office
116 E Main St Goldendale, Goldendale, WA 98620
For Sale
$289,000
Office property leased to the Washington State Employment Security Department through October 31, 2031.
Property Size2,000 SF
Days on Market71
Property Features for 116 E Main St Goldendale
General Information
Standard status
Size
Property subtype
Additional Details
Cap Rate
Building Details
Building Size
Year Built
Buildings
Tenancy
Abandoned
Listing Agency:
Coldwell Banker Commercial Cascade
Listed By:
Adam Rynd · License WA #24798
(206) 799-1059
Source:
Commercialcafe
Added: Sep 5
Changed: Nov 10
Last Checked: Nov 12 at 4:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Cascade
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Investment Insights
Based on property information with market context.
This single-tenant office building was constructed in 1948 and is occupied by the Washington State Employment Security Department under a lease extending through October 31, 2031. The property includes office space and dedicated parking, supporting its current governmental office use.
Located on Main Street in downtown Goldendale, the building serves the Klickitat County market. The investment is reported at an 8.0% cap rate with a 10.34 Gross Rent Multiplier, and the lease provides an established occupancy arrangement through the stated term.
Located on Main Street in downtown Goldendale, the building serves the Klickitat County market. The investment is reported at an 8.0% cap rate with a 10.34 Gross Rent Multiplier, and the lease provides an established occupancy arrangement through the stated term.
Key Highlights
- Leased to the Washington State Employment Security Department through October 31, 2031
- 8.0% cap rate
- 10.34 Gross Rent Multiplier
Property Analytics
Current Use
Lease Details
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
Frequently Asked Questions
What type of property is this?
Office building - Office property leased to the Washington State Employment Security Department through October 31, 2031.
Where is this office building located?
The property is located at 116 E Main St Goldendale 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: Leased to the Washington State Employment Security Department through October 31, 2031; 8.0% cap rate; 10.34 Gross Rent Multiplier
