214-226 E Main St Walla Walla Walla Walla, WA 99362
Trophy historic asset in downtown Walla Walla with mixed-use configuration.
- Added:
- Mar 18, 2026
- Days on Market:
- 115
- Last Refresh:
- Jun 28 at 4:04 am
Property Features for 214-226 E Main St Walla Walla
General Information
- Standard status
- Active
- Size
- 16,950 SF
- Property subtype
- Hospitality, Mixed Use, Retail
Building Details
- Year Built
- 1930
Listing office Tarragon Advisors LLC
Listing date Mar 18, 2026
Source Crexi
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 Tarragon Advisors LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Trophy historic asset in the heart of downtown on Main Street, surrounded by restaurants, tasting rooms, and retail.
- Mixed‑use configuration with commercial space on the 1st floor and residential/hotel use on the 2nd floor.
- Strong in‑place commercial tenancy with Shiki Hibachi Sushi.
Local Financial Insights For Mixed Use
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 | $238.0k | $14.04 |
| − Vacancy | −$17.8k | −$1.05 |
| EGI | $220.1k | $12.99 |
| − OpEx | −$82.5k | −$4.87 |
| NOI | $137.6k | $8.12 |
