1319 1st Ave, Zillah, WA
Spacious 20,675 SF property with restaurant, bar, and more.
- Added:
- Feb 24, 2025
- Days on Market:
- 476
- Last Refresh:
- May 20 at 8:44 pm
Property Features for 1319 1st Ave
General Information
- Standard status
- Active
- Size
- 20,675 SF
- Lot size
- 2.50 Acres
- Property subtype
- RETAIL
Listing agent Philip Simpson (509) 654-8086
Listing office Dedicated Realty, LLC (509) 654-8086
Listing date Feb 24, 2025
Source Moodyscre
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 Dedicated Realty, LLC
HighLights
- Fully remodeled and operational restaurant/bar business with modern decor, multiple TVs, and banquet/event space included.
- Large 20,675 sq ft building with a restaurant, two kitchens, pool hall, open shop, two bars, and patio.
- Equipped tortilla factory space with included tortilla‑making equipment and gas‑fired ovens.
- Potential for additional income with three rooms suitable for offices and two residential apartments.
- Features a 30'x20' pool hall, karaoke bar with projector screens, and a charming enclosed patio.
- Loading dock, recently updated 13'x30' walk‑in refrigerator, and 3‑phase electrical installed.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $292.8k | $14.16 |
| − Vacancy | −$12.3k | −$0.59 |
| EGI | $280.5k | $13.57 |
| − OpEx | −$70.1k | −$3.39 |
| NOI | $210.3k | $10.17 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Stonehenge Tavern — 603 1st Ave, Zillah, WA 98953
Location Insight
- Map
- Local Demand
- City
- Zillah
- County
- Yakima
- State
- Washington
- Longitude
- -120.252
- Latitude
- 46.3974