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Modern Two-Suite Retail Building
For Sale
$634,700

209 N 1st Street, Sunnyside, WA 98944

Commercial Sale, Sunnyside, WA

Property Size2,000 SF
Lot Size0.12 Acres
Price / SF$317.35
Days on Market261

Property Features for 209 N 1st Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMCL GENERAL
Directions Take I-82 W/US-12 W toward Benton City/Ellensburg. Take exit 67 toward Sunnyside.Turn right onto S 1st St. Turnright onto Sunnyside Ave.Turn left onto S 2nd St. Turnleft onto E Edison Ave. Turnright onto S 1st St.
Standard status Active
APN ***
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 960

Building Details

Year built 2023
Listing Agency: SVN Retter & Company
Listed By: Brenda Garibay · License #21026475
Added: Jan 21 Changed: Oct 7 Last Checked: Oct 9 at 9:06AM
MLS# 289979

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.

Constructed in 2023, this modern commercial building contains two retail suites totaling 2,000 SF. Suite A measures 1,050 SF and Suite B measures 950 SF, with both spaces delivered in vanilla shell condition. Each suite includes an ADA restroom, a rear exit, and front-facing retail doors and windows. The suites may also be joined into one larger configuration.

The property is zoned COMMCL GENERAL and provides convenient freeway access. It sits beside a planned fuel station and an operating drive-through coffee shop. The building supports retail or office use; Suite A is occupied by the landlord, while Suite B is available for lease.

Key Highlights

  • Two‑suite building totaling 2,000 SF
  • Suite A: 1,050 SF; Suite B: 950 SF
  • 2023 construction with vanilla shell interiors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,290
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,800 $425.8K
Cap Rate 7%
$304,143 $304.1K
Cap Rate 9%
$236,556 $236.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$30.5K $15.24/SF
− Vacancy
−$2.1K −$1.05/SF
EGI
$28.4K $14.19/SF
− OpEx
−$7.1K −$3.55/SF
NOI
$21.3K $10.64/SF
Area
Yakima County, WA
Vacancy
6.87%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,800
Cap Rate 7%
$304,143
Cap Rate 9%
$236,556

Alternative Uses

Best Use
Office B
$304.1K
$266.1K – $354.8K (±1% cap)
NOI $21,290 @ 7.0% cap · market cap 3.35%
Second Best
Retail
$289.7K
$253.5K – $338.0K (±1% cap)
NOI $20,279 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$406.2K
$355.4K – $473.9K (±1% cap)
NOI $28,431 @ 7.0% cap · market cap 4.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Storage Facility Garden Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

506
Businesses Nearby

Demographics for 98944, WA

22,412
Population
6,806
Households
3.3
Avg Household Size
29
Median Age
9%
College-Educated
59%
High-School Grad
544.6 sq mi
ZIP Area
41
Density / Sq Mi
$60,167
Median Household Income
$30,948
Median Earnings
$959
Median Rent
$230,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial space with ADA restrooms, storefront glazing, rear exits, and adaptable retail or office use.
Where is this retail space located?
The property is located at 209 N 1st Street Sunnyside, WA.
What is the asking price?
The asking price for this property is $634,700.
What are key features of this property?
This property features: Two‑suite building totaling 2,000 SF; Suite A: 1,050 SF; Suite B: 950 SF; 2023 construction with vanilla shell interiors
More about this property
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