Event Venue with Equipped
204 S 46th Ave Yakima, WA 98908
204 S 46th Ave, Yakima, WA, 98908
$389,000
For Sale
$389,000
Versatile event hall offering flexible interior space with an equipped kitchen, built-in bar, and dedicated storage building.
Property Size2,426 SF
Price / SF$160.35
Days on Market202
Property Features for 204 S 46th Ave
General Information
- Standard status
- Active
- Size
- 2,426 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1955
Listing agency
Kelly Right Real Estate of TC
(509) 930-9361
Listed by
Humberto (Beto) Mendoza · License #35581
(509) 930-9361
Source
Xome
Added: Jan 1 Updated: Jul 21 at 9:41PM Checked: Jul 22 at 3:47AM
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 Kelly Right Real Estate of TC
Investment Insights
Based on property information with market context.
Stallion Fiesta Hall is a versatile event venue with approximately 2,426 sq ft of flexible indoor space. The layout includes space for dancing, an equipped kitchen with a food-serving bar, and a dedicated bar/pub-style area with a built-in bar and back bar cooler. A fireplace is also featured to add character to the setting, and the space is described as adaptable for different event configurations and customization.
The property also includes a 502 sq ft storage building for added convenience.
Overall, the offering is configured for events with built-in food service and bar operations, while still allowing the main hall to be arranged to fit changing needs.
The property also includes a 502 sq ft storage building for added convenience.
Overall, the offering is configured for events with built-in food service and bar operations, while still allowing the main hall to be arranged to fit changing needs.
Key Highlights
- Versatile event venue with approximately 2,426 sq ft of flexible interior space
- Equipped kitchen with a food‑serving bar
- Dedicated bar/pub‑style area with built‑in bar and back bar cooler
Local Financial Insights For Specialty Retail
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 | $34.4k | $14.16 |
| − Vacancy | −$1.4k | −$0.59 |
| EGI | $32.9k | $13.57 |
| − OpEx | −$8.2k | −$3.39 |
| NOI | $24.7k | $10.17 |
2,426 SF · lease $14.16/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$352.6K
$308.5K – $411.4K
NOI $24,682 @ 7.0% cap · market cap 6.34%
Second Best
Industrial
$274.7K
$240.3K – $320.5K
NOI $19,227 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$492.7K
$431.1K – $574.8K
NOI $34,486 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Arsenal Jiu-Jitsu Academy
High School
Stallion Fiesta Hall ...
Wedding Service
Similar For Sale Nearby
Similar Off Market Nearby
- Last Frontier — 3807 W Nob Hill Blvd, Yakima, WA 98902
- Ballesteri’s Restaurant — 4001 Summitview Ave #3, Yakima, WA 98908
FAQs
What type of property is this?
Bar & Pub - Versatile event hall offering flexible interior space with an equipped kitchen, built-in bar, and dedicated storage building.
Where is this bar & pub located?
The property is located at 204 S 46th Ave Yakima, WA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Versatile event venue with approximately 2,426 sq ft of flexible interior space; Equipped kitchen with a food‑serving bar; Dedicated bar/pub‑style area with built‑in bar and back bar cooler
