Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Walla Walla Retail Building Title is generated by Realmo AI

    1922-1938 E Isaacs Ave, Walla Walla, WA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail building with value-add potential in Walla Walla, WA.

    Type:RETAIL
    Property size:
    12,685 SF
    Lot size:
    0.92 Acres
    Price / SF:
    $106/SF
    Added:
    Nov 24, 2025
    Days on Market:
    168
    Last Refresh:
    Apr 5 at 8:08 pm

    Property Features for 1922-1938 E Isaacs Ave

    General Information

    Standard status
    Active
    Size
    12,685 SF
    Lot size
    0.92 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Christina Chong
    Christina Chong

    Listing agent Christina Chong

    Listing office COMPASS

    Listing date Nov 24, 2025

    Source Moodyscre

    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 COMPASS

    HighLights

    • Prime corner commercial parcel in Walla Walla.
    • 12,685 SF Retail building on 0.9218 acres.
    • Anchored by Dollar Tree and LT Nails.
    • Value add potential through leasing vacancy.
    • Surrounded by Whitman College, Walla Walla Community College, and Walla Walla University.
    • Benefits from Walla Walla's thriving economy and growing population.

    Overview

    A 12,685 square foot retail building is available for purchase on a 0.9218-acre commercial parcel in Walla Walla, Walla Walla County. The property is anchored by Dollar Tree and LT Nails, with vacancy offering upside potential for a new buyer through leasing. The location benefits from its proximity to Whitman College, Walla Walla Community College, and Walla Walla University. Situated in Walla Walla, the property benefits from the city's thriving economy and growing population. The area's successful community, diverse demographics, and tourism industry may contribute to the success and profitability of this commercial venture.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Coinstar Kiosk | Bitcoin ATM — Albertsons, 450 N Wilbur Ave, Walla Walla, WA 99362
    • Coinstar Kiosk - Bitcoin ATM — 450 N Wilbur Ave Albertsons, Walla Walla, WA 99362

    Location Insight

    • Map
    • Local Demand
    City
    Walla Walla
    County
    Walla Walla
    State
    Washington
    Longitude
    -118.306619
    Latitude
    46.0749807

    Nearby Similar for Sale

    • $1,500,000
      8,236 SF

      Remodeled Multi-Unit Investment Property

      Nine units near Whitman College with strong rental appeal.
      516 & 524 E Pine St, Walla Walla, WA 99362
      View Details
    • $1,889,500

      Walla Walla Retail Opportunity

      Premier retail location with high visibility and flexible layout.
      1725 Twin Creek Ln, Walla Walla, WA 99362
      View Details
    • $8,480
      6,565 SF

      Walla Walla Retail Showroom Space

      6,565 SF showroom on high-traffic 9th Avenue.
      412 S 9th Avenue, Walla Walla, WA 99362
      View Details
    • $750,000
      9,344 SF

      Walla Walla Self-Storage Opportunity

      Value-add self-storage investment in Walla Walla, Washington.
      1737 Isaacs Ave, Walla Walla, WA
      View Details
    • $1,889,500
      13,553 SF

      Prime Retail Space Available

      High-visibility retail space with flexible layout and ample parking.
      1725 Twin Creek Ln, Walla Walla, WA
      View Details
    • $1,295,000

      Walla Walla Commercial Property

      6,728 SF commercial property in the heart of Walla Walla.
      102 N Colville St, Walla Walla, WA
      View Details
    • $2,795,000
      32,695 SF

      Walla Walla Shopping Center

      Shopping center with long-term tenants and vacant space.
      905-929 S 2nd Ave, Walla Walla, WA
      View Details
    • $1,750,000

      Walla Walla Commercial Property For Sale

      Downtown commercial property with redevelopment potential and ample parking.
      114 S 2nd Ave, Walla Walla, WA
      View Details
    • $850,000

      Walla Walla Retail Opportunity

      Retail property for sale in Walla Walla, Washington.
      2121 E Isaacs Ave, Walla Walla, WA 99362
      View Details
    • $330,000

      Industrial Pole Building For Sale

      Spacious pole building with overhead doors and heavy industrial zoning.
      1103 N 12th Ave, Walla Walla, WA
      View Details
    • $9

      Walla Walla Industrial Opportunity

      Industrial property for sale in Walla Walla, Washington.
      915 N 9th, Walla Walla, WA
      View Details
    • $16

      Walla Walla Retail Opportunity

      Retail property for sale in Walla Walla, Washington.
      2121 E Isaacs Ave, Walla Walla, WA 99362
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail building with value-add potential in Walla Walla, WA.
    Where is this shopping center located?
    The property is located at 1922-1938 E Isaacs Ave Walla Walla, WA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Prime corner commercial parcel in Walla Walla.; 12,685 SF Retail building on 0.9218 acres.; Anchored by Dollar Tree and LT Nails.
    (206) 551-5909 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Christina Chong
    Christina Chong
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1922-1938 E Isaacs Ave, Walla Walla, WA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!