Two-Level Mixed-Use
For Sale
Contact for pricing
2062 N Steptoe, Kennewick, WA 99336
Commercial Sale, Kennewick, WA
Property Size3,815 SF
Lot Size0.87 Acres
Price / SF$0.01
Days on Market534
Property Features for 2062 N Steptoe
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
COMMCL GENERAL
Parking
31
Subdivision
Kennewick Cntrl
Directions
From W. Gage Blvd. take a right on Steptoe. The property will be on your right side.
Standard status
Active
APN
130993000010001
Lot size
0.87 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
14151
Building Details
Year built
2023
Listing Agency:
SVN Retter & Company
(509) 737-9429
Listed By:
Brenda Garibay
(509) 528-5549
Added: May 6, 2025
Changed: Oct 19
Last Checked: Oct 21 at 6:06AM
MLS# 283941
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.
This office and retail suite occupies two floors in a building completed in 2023. The main level measures 1,851 SF, with an additional 1,964 SF upstairs. Both levels receive natural light, and the upper floor has views. The space is offered as a grey shell and is described as first-generation space.
Building and monument signage are available. Average daily traffic is 24,698 vehicles. The property is at 2062 N Steptoe in Kennewick and is zoned COMMCL GENERAL.
Building and monument signage are available. Average daily traffic is 24,698 vehicles. The property is at 2062 N Steptoe in Kennewick and is zoned COMMCL GENERAL.
Key Highlights
- Two‑level office and retail suite with 1,851 SF on the main floor and 1,964 SF upstairs
- Built in 2023; offered as a grey shell
- Natural light on both floors; views from the upper level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,798
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,960
$616.0K
Cap Rate 7%
$439,971
$440.0K
Cap Rate 9%
$342,200
$342.2K
Market Conditions
NOI Build-Up for 3,815 SF
Gross rent
$53.6K $14.04/SF
− Vacancy
−$4.3K −$1.12/SF
EGI
$49.3K $12.92/SF
− OpEx
−$18.5K −$4.84/SF
NOI
$30.8K $8.07/SF
Area
Benton County, WA
Vacancy
8.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,960
Cap Rate 7%
$439,971
Cap Rate 9%
$342,200
Alternative Uses
Best Use
Office B
$836.6K
$732.0K – $976.0K
NOI $58,560 @ 7.0% cap · market cap 234,240.00%
Second Best
Retail
$641.4K
$561.2K – $748.3K
NOI $44,896 @ 7.0% cap · market cap 179,584.00%
Theoretical Best
Office A
$1.06M
$925.9K – $1.23M
NOI $74,070 @ 7.0% cap · market cap 296,280.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
24,698 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,081
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?
Mixed-use property - Office and retail uses span two floors, with signage options on the building and monument.
Where is this mixed-use property located?
The property is located at 2062 N Steptoe Kennewick, WA.
What are key features of this property?
This property features: Two‑level office and retail suite with 1,851 SF on the main floor and 1,964 SF upstairs; Built in 2023; offered as a grey shell; Natural light on both floors; views from the upper level
