Retail Space with Central
17 N 3rd St, Yakima, WA 98901
For Sale
Contact for pricing
Commercial Sale, Yakima, WA
Property Size4,900 SF
Lot Size0.11 Acres
Price / SF$0.00
Days on Market96
Property Features for 17 N 3rd St
General Information
Property type
Property subtype
Zoning
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Cooling system
Water source
Building Details
Year built
Listing Agency:
John L Scott Yakima
(509) 966-9900
Listed By:
Josh DeBoer · License #23286
(509) 952-1726
Added: Aug 5
Changed: Oct 7
Last Checked: Nov 8 at 3:06PM
MLS# 295282
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property presents a build-to-suit opportunity in a 1950 commercial building. Central air is installed, while electricity is available and the property is served by public water. The source information identifies retail, office, and coffee shop applications as possible uses.
The property is situated in downtown Yakima, with walking access to City Hall, the Courthouse, nearby retail locations, and restaurants. Its Central Bus Dist. Support zoning designation provides an additional planning detail for evaluating the site.
The property is situated in downtown Yakima, with walking access to City Hall, the Courthouse, nearby retail locations, and restaurants. Its Central Bus Dist. Support zoning designation provides an additional planning detail for evaluating the site.
Key Highlights
- Build‑to‑suit opportunity in a 1950 commercial building
- Central air in place
- Central Bus Dist. Support zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,683
Suggested Prices Based on Cap Rates
Cap Rate 5%
$993,660
$993.7K
Cap Rate 7%
$709,757
$709.8K
Cap Rate 9%
$552,033
$552.0K
Market Conditions
NOI Build-Up for 4,900 SF
Gross rent
$74.1K $15.12/SF
− Vacancy
−$3.1K −$0.64/SF
EGI
$71.0K $14.48/SF
− OpEx
−$21.3K −$4.35/SF
NOI
$49.7K $10.14/SF
Area
Yakima County, WA
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$993,660
Cap Rate 7%
$709,757
Cap Rate 9%
$552,033
Alternative Uses
Best Use
Retail
$709.8K
$621.0K – $828.1K
NOI $49,683 @ 7.0% cap · market cap 382,176.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$995.1K
$870.7K – $1.16M
NOI $69,655 @ 7.0% cap · market cap 535,807.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,734
Businesses Nearby
159k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 36%
Hotels & Casinos 4%
Home Improvements & Furnishings 2%
Olive Garden
Dining
27,085 visits/mo
0.1 miles
McDonald's
Dining
25,346 visits/mo
0.2 miles
Dutch Bros. Coffee
Dining
11,694 visits/mo
0.3 miles
Starbucks
Dining
10,776 visits/mo
0.3 miles
Taco Bell
Dining
9,780 visits/mo
0.4 miles
Demographics for 98901, WA
32,351
Population
12,201
Households
2.7
Avg Household Size
33
Median Age
17%
College-Educated
72%
High-School Grad
184.5 sq mi
ZIP Area
175
Density / Sq Mi
$56,429
Median Household Income
$33,058
Median Earnings
$996
Median Rent
$268,100
Median Home Value
Check the figures for this property
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Market
Properties on Market for Retail space in Yakima
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Build-to-suit commercial space with public water, available electricity, and a central business district support zoning designation.
Where is this retail space located?
The property is located at 17 N 3rd St Yakima, WA.
What are key features of this property?
This property features: Build‑to‑suit opportunity in a 1950 commercial building; Central air in place; Central Bus Dist. Support zoning designation
