B2-Zoned Retail Space with
For Sale
Contact for pricing
214 S Toppenish Ave, Toppenish, WA 98948
B2-zoned retail space with a large facade and high ceilings, freshly repainted and ready for business use.
Property Size6,000 SF
Price / SF$0.33
Days on Market96
Property Features for 214 S Toppenish Ave
General Information
Standard status
Active
Size
6,000 SF
Zoning
B2
Taxes and HOA fees
Annual Taxes
$1,810
Amenities
high ceilings
platform area
Building Details
Buildings
1
Listing Agency:
John L Scott Yakima
(509) 966-9900
Listed By:
Kevin Rangel · License #22017029
(509) 504-8808
Source:
Exprealty
Added: Jul 27
Changed: Oct 26
Last Checked: Oct 28 at 10:32AM
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 John L Scott Yakima
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Investment Insights
Based on property information with market context.
This prime retail space offers 6,000 SF of flexible indoor space in a B2-zoned building. The interior features high ceilings and has just been freshly repainted, creating a clean, refreshed environment for a new operator.
The front of the building provides a large facade with excellent visibility, which can support prominent branding and signage. An existing mural is also present and can be removed to customize the exterior to match your business.
Inside, the space includes a platform area that can support live music or entertainment concepts, along with room for a variety of retail, professional, and business service uses within the overall layout.
The front of the building provides a large facade with excellent visibility, which can support prominent branding and signage. An existing mural is also present and can be removed to customize the exterior to match your business.
Inside, the space includes a platform area that can support live music or entertainment concepts, along with room for a variety of retail, professional, and business service uses within the overall layout.
Key Highlights
- 6,000 SF retail space in a B2‑zoned building
- High ceilings
- Freshly repainted interior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,837
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,216,740
$1.2M
Cap Rate 7%
$869,100
$869.1K
Cap Rate 9%
$675,967
$676.0K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$90.7K $15.12/SF
− Vacancy
−$3.8K −$0.64/SF
EGI
$86.9K $14.48/SF
− OpEx
−$26.1K −$4.35/SF
NOI
$60.8K $10.14/SF
Area
Yakima County, WA
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,216,740
Cap Rate 7%
$869,100
Cap Rate 9%
$675,967
Alternative Uses
Best Use
Retail
$869.1K
$760.5K – $1.01M
NOI $60,837 @ 7.0% cap · market cap 3,119.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,292 @ 7.0% cap · market cap 4,373.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
26k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 92%
Dining 8%
Dollar Tree
Shops & Services
15,356 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
4,437 visits/mo
0.5 miles
Les Schwab Tire Center
Shops & Services
3,447 visits/mo
0.2 miles
Guadalajara
Dining
2,097 visits/mo
0.3 miles
Jackson Hewitt Tax Service
Shops & Services
764 visits/mo
0.3 miles
Demographics for 98948, WA
13,416
Population
3,620
Households
3.7
Avg Household Size
31
Median Age
9%
College-Educated
63%
High-School Grad
335.3 sq mi
ZIP Area
40
Density / Sq Mi
$67,217
Median Household Income
$32,639
Median Earnings
$978
Median Rent
$217,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - B2-zoned retail space with a large facade and high ceilings, freshly repainted and ready for business use.
Where is this retail space located?
The property is located at 214 S Toppenish Ave Toppenish, WA.
What are key features of this property?
This property features: 6,000 SF retail space in a B2‑zoned building; High ceilings; Freshly repainted interior
