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Neighborhood Retail Center
For Sale
$965,000

1217 Thayer Drive, Richland, WA 99352

COMMERCIAL - Richland, WA

Property SizeContact for details
Lot Size0.91 Acres
Days on Market184

Property Features for 1217 Thayer Drive

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMCL OFFICE
Parking 21
Subdivision Richland Cntrl
Directions At Williams and Thayer
Standard status Active
APN ***
Lot size 0.91 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3627

Building Details

Year built 1943
Listing Agency: SVN Retter & Company
Listed By: Rob Ellsworth · License ##17790
Added: Feb 17 Changed: Aug 18 Last Checked: Aug 20 at 2:06PM
MLS# 290595

Copyright © 2026 PACMLS. 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 neighborhood shopping center is fully occupied and includes three distinct commercial operations: a coffee stand, a preschool, and a live fish wholesaler. The tenant mix spans food service, child care, and specialty wholesale use within one property.

An expansive parking lot serves customers and staff. The property is zoned COMMCL OFFICE and was built in 1943. It is located at 1217 Thayer Drive in Richland, Washington, within Benton County.

Key Highlights

  • Fully occupied neighborhood shopping center
  • Three tenant uses: coffee stand, preschool, and live fish wholesaler
  • Expansive parking lot for customers and staff

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Plumbing Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

804
Businesses Nearby
Under-served
Demand for This Use

Demographics for 99352, WA

35,762
Population
15,522
Households
2.3
Avg Household Size
38
Median Age
48%
College-Educated
96%
High-School Grad
24.0 sq mi
ZIP Area
1,490
Density / Sq Mi
$96,875
Median Household Income
$65,348
Median Earnings
$1,457
Median Rent
$442,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied retail center with coffee, preschool, and live fish wholesale tenants.
Where is this shopping center located?
The property is located at 1217 Thayer Drive Richland, WA.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: Fully occupied neighborhood shopping center; Three tenant uses: coffee stand, preschool, and live fish wholesaler; Expansive parking lot for customers and staff
More about this property
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