Updated Professional Office
1933/1955 Jadwin Avenue, Richland, WA 99354
For Sale
Contact for pricing
Commercial Sale, Richland, WA
Property Size704 SF
Lot Size1.90 Acres
Price / SF$1.46
Days on Market100
Property Features for 1933/1955 Jadwin Avenue
General Information
Property type
Property subtype
Zoning
Parking
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Amenities
excess parking
HLAN fiber network
new common area finishes
monument signage
available storage options
Building Details
Year built
Listing Agency:
Crown Property Management
(509) 735-0415
Listed By:
Harlan Huston · License #Washington 114530
(509) 851-2743
Added: Jul 30
Changed: Oct 7
Last Checked: Nov 6 at 9:06PM
MLS# 295109
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.
Suite 415 is a second-floor office unit within a commercial office property built in 1976. The approximately 704-square-foot suite includes a reception area and two private offices, with recently installed carpet supporting a clean professional presentation. Access is by stairs.
Property features include new common-area finishes, monument signage, excess parking, HLAN fiber connectivity to the building, and storage options in the basement. The property is zoned COMMCL OFFICE and is located at 1933/1955 Jadwin Avenue in Richland, Washington.
Property features include new common-area finishes, monument signage, excess parking, HLAN fiber connectivity to the building, and storage options in the basement. The property is zoned COMMCL OFFICE and is located at 1933/1955 Jadwin Avenue in Richland, Washington.
Key Highlights
- Suite 415 offers approximately 704 +/- SF on the second floor
- Reception area plus two spacious private offices
- Recently updated with new carpet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,806
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,120
$216.1K
Cap Rate 7%
$154,371
$154.4K
Cap Rate 9%
$120,067
$120.1K
Market Conditions
NOI Build-Up for 704 SF
Gross rent
$15.5K $21.96/SF
− Vacancy
−$1.1K −$1.49/SF
EGI
$14.4K $20.47/SF
− OpEx
−$3.6K −$5.12/SF
NOI
$10.8K $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%
$216,120
Cap Rate 7%
$154,371
Cap Rate 9%
$120,067
Alternative Uses
Best Use
Office B
$154.4K
$135.1K – $180.1K
NOI $10,806 @ 7.0% cap · market cap 1,053.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$195.3K
$170.9K – $227.8K
NOI $13,668 @ 7.0% cap · market cap 1,332.16%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
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Business Placement
Demographics for 99354, WA
24,839
Population
10,807
Households
2.3
Avg Household Size
37
Median Age
42%
College-Educated
97%
High-School Grad
23.9 sq mi
ZIP Area
1,039
Density / Sq Mi
$88,601
Median Household Income
$50,192
Median Earnings
$1,299
Median Rent
$355,400
Median Home Value
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Market
Properties on Market for Office Units in Richland
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor office configuration with reception, private offices, fresh carpet, and stair access.
Where is this office unit located?
The property is located at 1933/1955 Jadwin Avenue Richland, WA.
What are key features of this property?
This property features: Suite 415 offers approximately 704 +/- SF on the second floor; Reception area plus two spacious private offices; Recently updated with new carpet
