Mixed-Use Property with
For Sale
$2,300,000
Pending
2305 Industry Ln, Yakima, WA 98901
Commercial Sale, Yakima, WA
Property Size13,800 SF
Lot Size1.63 Acres
Days on Market45
Property Features for 2305 Industry Ln
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
INDUST /LIGHT
Parking
31
Directions
Use Maps on phone
Standard status
Pending
APN
19132011029
Lot size
1.63 Acres
Additional Details
Property Use
Restaurant / Warehouse
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
10473
Amenities
commercial kitchen
custom cocktail station
outdoor patio
Building Details
Year built
2009
Buildings
2
Listing Agency:
NAI Tri-Cities Commercial
(509) 943-5200
Listed By:
Kenny Teasdale · License #135860
(509) 491-2205
Added: Sep 15
Changed: Oct 29
Last Checked: Oct 29 at 10:06PM
MLS# 296419
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.
The 13,800-square-foot property includes two insulated metal-frame structures, built in 2009, with production and warehouse areas alongside a restaurant and bar. Hospitality features include a commercial kitchen, cocktail station, and outdoor patio.
The site covers 1.63 acres in Yakima and is zoned INDUST /LIGHT.
The site covers 1.63 acres in Yakima and is zoned INDUST /LIGHT.
Key Highlights
- 13,800 SF across two insulated metal‑frame structures
- 1.63‑acre property in Yakima
- Restaurant and bar with commercial kitchen, cocktail station, and outdoor patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$140,401
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,808,020
$2.8M
Cap Rate 7%
$2,005,729
$2.0M
Cap Rate 9%
$1,560,011
$1.6M
Market Conditions
NOI Build-Up for 13,800 SF
Gross rent
$195.4K $14.16/SF
− Vacancy
−$8.2K −$0.59/SF
EGI
$187.2K $13.57/SF
− OpEx
−$46.8K −$3.39/SF
NOI
$140.4K $10.17/SF
Area
Yakima County, WA
Vacancy
4.20%
Lease Rate
$14.16 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,808,020
Cap Rate 7%
$2,005,729
Cap Rate 9%
$1,560,011
Alternative Uses
Best Use
Specialty Retail
$2.01M
$1.76M – $2.34M
NOI $140,401 @ 7.0% cap · market cap 6.10%
Second Best
Warehouse
$1.90M
$1.66M – $2.21M
NOI $132,807 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$2.80M
$2.45M – $3.27M
NOI $196,172 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
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Business Placement
Demographics for 98901, WA
32,351
Population
12,201
Households
2.7
Avg Household Size
33
Median Age
17%
College-Educated
72%
High-School Grad
184.5 sq mi
ZIP Area
175
Density / Sq Mi
$56,429
Median Household Income
$33,058
Median Earnings
$996
Median Rent
$268,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two metal-frame buildings combine industrial workspace with a restaurant and bar setting.
Where is this mixed-use property located?
The property is located at 2305 Industry Ln Yakima, WA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 13,800 SF across two insulated metal‑frame structures; 1.63‑acre property in Yakima; Restaurant and bar with commercial kitchen, cocktail station, and outdoor patio
