Multi-Suite Office
1721 W Kennewick Ave Kennewick, WA 99336
New
For Sale
$850,000
SINGLE_FAMILY - Kennewick, WA
Property Size5,050 SF
Lot Size0.23 Acres
Price / SF$168.32
Days on Market7
Property Features for 1721 W Kennewick Ave
General Information
Property type
Residential
Property subtype
Office
Zoning
COMMCL GENERAL
Parking
11
Standard status
Active
APN
102891070001005
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5691
Building Details
Year built
1997
Listing Agency:
RE/MAX Northwest Realtors - Othello
50948811
Listed By:
E. Brian Gentry · License #11109
(509) 989-2377
Added: Jul 23
Changed: Jul 27
Last Checked: Jul 29 at 12:06PM
MLS# 295021
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 well-maintained office building is configured for up to three tenants, with one suite on the ground floor and two suites on the upper level. The upper level is accessible by both elevator and stairs, supporting convenient access for tenants and visitors. The building’s design includes three office suites and associated common areas to support a multi-tenant office setup.
The property is located at 1721 W Kennewick Ave in Kennewick, Washington. Public remarks indicate the building offers views overlooking a golf course.
One ground-floor suite is listed as Suite 1, and the two upper suites are listed as Suites 2 and 3, with shared common areas serving the upper-level tenants.
The property is located at 1721 W Kennewick Ave in Kennewick, Washington. Public remarks indicate the building offers views overlooking a golf course.
One ground-floor suite is listed as Suite 1, and the two upper suites are listed as Suites 2 and 3, with shared common areas serving the upper-level tenants.
Key Highlights
- Office building built in 1997, configured for up to three tenants
- Total rentable area is 2,550 SF: Suite 1 has ~2,050 SF usable plus ~500 SF shared common area
- Upper level includes two suites (Suites 2 and 3), each with ~1,000 SF usable office space plus just over 500 SF shared common area (~1,250 SF per suite)
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.9k | $21.96 |
| − Vacancy | −$7.5k | −$1.49 |
| EGI | $103.4k | $20.47 |
| − OpEx | −$25.8k | −$5.12 |
| NOI | $77.5k | $15.35 |
5,050 SF · lease $21.96/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.11M
$969.0K – $1.29M
NOI $77,518 @ 7.0% cap · market cap 9.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M
NOI $98,048 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office building arranged for up to three tenants with ground-floor and upper-level suites.
Where is this office building located?
The property is located at 1721 W Kennewick Ave Kennewick, WA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Office building built in 1997, configured for up to three tenants; Total rentable area is 2,550 SF: Suite 1 has ~2,050 SF usable plus ~500 SF shared common area; Upper level includes two suites (Suites 2 and 3), each with ~1,000 SF usable office space plus just over 500 SF shared common area (~1,250 SF per suite)
