Remodeled Flex Space with Loading
For Sale
Contact for pricing
3001 Main St, Union Gap, WA 98903
Modern commercial layout combines showroom, storage, office, and shipping functionality.
Property Size5,551 SF
Price / SF$0.00
Days on Market97
Property Features for 3001 Main St
General Information
Standard status
Active
Size
5,551 SF
Taxes and HOA fees
Annual Taxes
$4,087
Amenities
break room
Building Details
Year Renovated
2026
Listing Agency:
John L Scott Yakima
(509) 966-9900
Listed By:
Quincey Abrams
(509) 571-0988
Source:
Exprealty
Added: Jul 27
Changed: Oct 26
Last Checked: Oct 30 at 6:20PM
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 5,551-square-foot flex space at 3001 Main Street includes a reception area, spacious showroom, open storage or warehouse area, private office, break room, side loading dock, and attached garage. The property was remodeled in early 2026 with luxury vinyl plank flooring, fresh interior paint, and updated windows, creating a modern, move-in-ready environment.
Located in Union Gap, WA, the property occupies a commercial corridor described as one of the area’s busiest, with visibility and accessibility along Main Street. The attached garage and side loading dock support shipping and receiving, while the mix of showroom, storage, office, and break-room areas accommodates varied commercial operations. The space may also be demised for qualified retail tenants.
Located in Union Gap, WA, the property occupies a commercial corridor described as one of the area’s busiest, with visibility and accessibility along Main Street. The attached garage and side loading dock support shipping and receiving, while the mix of showroom, storage, office, and break-room areas accommodates varied commercial operations. The space may also be demised for qualified retail tenants.
Key Highlights
- 5,551 SF flex space at 3001 Main Street
- Remodeled in early 2026 with new luxury vinyl plank flooring, fresh interior paint, and updated windows
- Functional layout includes reception, showroom, open storage or warehouse area, private office, and break room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,763
Suggested Prices Based on Cap Rates
Cap Rate 5%
$815,260
$815.3K
Cap Rate 7%
$582,329
$582.3K
Cap Rate 9%
$452,922
$452.9K
Market Conditions
NOI Build-Up for 5,551 SF
Gross rent
$67.9K $12.24/SF
− Vacancy
−$5.2K −$0.94/SF
EGI
$62.7K $11.30/SF
− OpEx
−$21.9K −$3.95/SF
NOI
$40.8K $7.34/SF
Area
Yakima County, WA
Vacancy
7.70%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$815,260
Cap Rate 7%
$582,329
Cap Rate 9%
$452,922
Alternative Uses
Best Use
Warehouse
$763.2K
$667.8K – $890.4K
NOI $53,421 @ 7.0% cap · market cap 356,140.00%
Second Best
Industrial
$628.5K
$549.9K – $733.2K
NOI $43,994 @ 7.0% cap · market cap 293,293.33%
Theoretical Best
Office A
$1.13M
$986.4K – $1.32M
NOI $78,909 @ 7.0% cap · market cap 526,060.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 98903, WA
17,491
Population
6,541
Households
2.7
Avg Household Size
39
Median Age
18%
College-Educated
79%
High-School Grad
192.5 sq mi
ZIP Area
91
Density / Sq Mi
$69,188
Median Household Income
$35,250
Median Earnings
$1,232
Median Rent
$265,900
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Modern commercial layout combines showroom, storage, office, and shipping functionality.
Where is this flex space located?
The property is located at 3001 Main St Union Gap, WA.
What are key features of this property?
This property features: 5,551 SF flex space at 3001 Main Street; Remodeled in early 2026 with new luxury vinyl plank flooring, fresh interior paint, and updated windows; Functional layout includes reception, showroom, open storage or warehouse area, private office, and break room
