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611 S 5Th Ave Pasco, WA 99301

For Sale
$2,450,000

8,100 SF commercial building with long-term lease in place.

Property size:
8,100 SF

Property Features for 611 S 5Th Ave

General Information

Size
8,100 SF

Building Details

Year built
1960

Source: Todd Sternfeld Agent Todd Sternfeld

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Pasco WA Investment Opportunity

Located in Pasco, WA, at 611 W Columbia St + 120 S 5th Ave, this 8,100 SF building presents a commercial investment opportunity. Constructed in 1960 and zoned Commercial General, the property is suitable for a Special Purpose or School investor. The property features an ESD 10-Year Lease with Absolute Triple Net terms, including 3% annual increases. A $700K renovation has been completed, including a new 10-year roof, new HVAC units, new floor covering, fire-rated doors, interior and exterior paint, new windows, secured entry, private parking lot, new LED lighting throughout, and ADA accessibility. The property is located on the corner of S 5th Ave and W Columbia St and includes two 5-year lease renewal options.
Location Intelligence

Current Use by Public Records

Schools

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Clothing Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Pasco
County
Franklin
State
Washington
Longitude
-119.0959052
Latitude
46.2344056

FAQs

What type of property is this?
School - 8,100 SF commercial building with long-term lease in place.
Where is this school located?
The property is located at 611 S 5Th Ave Pasco, WA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: - ESD 10-Year Lease with Absolute Triple Net terms provides immediate and stable income.; - **$700K renovation enhances property value** and reduces near-term maintenance concerns.; - Commercial General zoning offers flexibility for potential future uses.
More about this property
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