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Remodeled Two-Story Office Building
For Sale
$650,000

1715 W Kennewick Ave, Kennewick, WA

Commercial Sale, Kennewick, WA

Property Size3,287 SF
Lot Size0.22 Acres
Price / SF$197.75
Days on Market506

Property Features for 1715 W Kennewick Ave

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMCL GENERAL
Parking 11
Directions Kennewick ave
Standard status Active
APN ***
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3952

Building Details

Year built 1996
Listing Agency: SVN Retter & Company
Listed By: Scott Sautell · License ##109003
Added: May 29, 2025 Changed: Oct 7 Last Checked: Oct 16 at 3:06PM
MLS# 284606

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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Investment Insights

Based on property information with market context.

This 3,287-square-foot office building includes 1,708 square feet on the upper level and 1,579 square feet downstairs. The space was recently remodeled and is configured so each floor can be leased independently. The property was built in 1996 and carries COMMCL GENERAL zoning.

Set on a 0.22-acre lot at 1715 W Kennewick Ave in Kennewick, Washington, the building overlooks a golf course. The property is offered for sale or lease, providing flexibility for an owner-user, investor, or separate occupants by floor.

Key Highlights

  • 3,287 square feet of office space across two levels
  • Upper floor measures 1,708 square feet; lower floor measures 1,579 square feet
  • Each floor can be leased separately

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,456
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,120 $1.0M
Cap Rate 7%
$720,800 $720.8K
Cap Rate 9%
$560,622 $560.6K
Market Conditions
NOI Build-Up for 3,287 SF
Gross rent
$72.2K $21.96/SF
− Vacancy
−$4.9K −$1.49/SF
EGI
$67.3K $20.47/SF
− OpEx
−$16.8K −$5.12/SF
NOI
$50.5K $15.35/SF
Area
Benton County, WA
Vacancy
6.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,120
Cap Rate 7%
$720,800
Cap Rate 9%
$560,622

Alternative Uses

Best Use
Office B
$720.8K
$630.7K – $840.9K (±1% cap)
NOI $50,456 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$911.7K
$797.7K – $1.06M (±1% cap)
NOI $63,818 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Isaac King Dental Office Nancy Shelton Dental Office Dr. John Turner Dental Office

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Skin Care Clinic Carpet & Flooring Store Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Updated commercial office space offers flexible floor-by-floor leasing and views over a golf course.
Where is this office building located?
The property is located at 1715 W Kennewick Ave Kennewick, WA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3,287 square feet of office space across two levels; Upper floor measures 1,708 square feet; lower floor measures 1,579 square feet; Each floor can be leased separately
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