303 1st Ave Kennewick, WA 99336-3928
Property summary
This exceptional retail property, a former US Bank building, presents a unique investment opportunity in Kennewick, Washington. Located at 303 W 1st Ave, in the heart of the downtown business district, this single-tenant building offers 6,500 square feet of space, spread across a main level and basement. Built in 1967, the property boasts a convenient drive-thru, a significant asset for various retail uses. The asking price is $1,000,000, translating to $153.85 per square foot. Alternatively, a Net Net Net (NNN) lease is available at a monthly rate of $4,500. The property sits on a substantial 20,909 square foot lot, identified by APN 101891030010001. Its prime location and versatile layout make it ideal for a variety of retail businesses. This is a rare opportunity to acquire a well-situated, established building in a thriving downtown area. The property's history as a bank provides a solid foundation for future success, and its ample space and drive-thru feature offer significant potential for growth and profitability. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Loan Service Bank
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
21 · Kennewick, WAZoning
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Zoning designation
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