Two-Story Office
For Sale
$650,000
1715 W Kennewick Ave, Kennewick, WA 99336
The upper and lower floors can be leased separately, allowing for distinct office configurations.
Property Size3,287 SF
Price / SF$197.75
Days on Market517
Property Features for 1715 W Kennewick Ave
General Information
Standard status
Active
Size
3,287 SF
Property subtype
COMMERCIAL
Additional Details
Condition
Newly Renovated
Asking Price
$650,000
Property Use
Office
Taxes and HOA fees
Annual Taxes
$3,952
Amenities
golf course view
Building Details
Building Size
3,287 SF
Year Built
1996
Buildings
1
Listing Agency:
SVN Retter & Company
Listed By:
Scott Sautell · License ##109003
(509) 430-8986
Source:
Desertedgerealtygroup
Added: May 30, 2025
Changed: Oct 27
Last Checked: Oct 27 at 4:08AM
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 SVN Retter & Company
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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 3,287-square-foot office property has two levels: 1,708 square feet upstairs and 1,579 square feet downstairs. The floors can be leased separately, and the space was recently remodeled. The building looks out over a golf course and was built in 1996.
Key Highlights
- 3,287 square feet of office space across two floors
- Upper level: 1,708 square feet; lower level: 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
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
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
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Explore this area
Business Placement
Demographics for 99336, WA
51,127
Population
20,915
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
85%
High-School Grad
13.4 sq mi
ZIP Area
3,815
Density / Sq Mi
$63,308
Median Household Income
$38,211
Median Earnings
$1,155
Median Rent
$292,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - The upper and lower floors can be leased separately, allowing for distinct office configurations.
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 floors; Upper level: 1,708 square feet; lower level: 1,579 square feet; Each floor can be leased separately
