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Downtown Mixed-Use Property
For Sale
$2,800,000

301 E Yakima Ave, Yakima, WA 98901

Commercial Sale, Yakima, WA

Property Size38,000 SF
Lot Size0.34 Acres
Price / SF$73.68
Days on Market56

Property Features for 301 E Yakima Ave

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Central Bus Dist. Support
Parking 41
Directions Yakima Ave to Address
Standard status Active
APN 19131921503
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 12553

Utilities

Utilities Electricity Available
Water source Public

Building Details

Year built 1960
Listing Agency: John L Scott Yakima
Listed By: Josh DeBoer · License #23286
Added: Jul 29 Changed: Sep 16 Last Checked: Sep 22 at 12:06PM
MLS# 295077

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.

This mixed-use commercial property at 301 E. Yakima Avenue encompasses over 38,000 square feet across a full basement, main level, and second floor. Constructed in 1960, the building offers a substantial multi-level footprint for commercial occupancy, adaptive reuse, or redevelopment planning. Central Bus Dist. Support zoning and the property’s inclusion in a federally designated Opportunity Zone add important context for evaluating future use and investment structure.

The property occupies a 0.34-acre site in downtown Yakima, within the city’s Central Business District and along a prominent commercial corridor. Public water is available, as is electricity. The combination of a large existing building, three usable levels, and a central Yakima location provides a broad platform for a mixed-use commercial project.

Key Highlights

  • Over 38,000 square feet across a full basement, main level, and second floor
  • 0.34‑acre site at 301 E. Yakima Avenue in Yakima, WA 98901
  • Located within a federally designated Opportunity Zone

Property Analytics

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Current Use

Heritage Bank Bank City Place Shopping Center & Mall Yakima Group Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Pet Store & Service Florist Cosmetic Store

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

Location Intelligence

Trade Area within ½ mile

1,946
Businesses Nearby
164k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 38% Hotels & Casinos 4% Home Improvements & Furnishings 2%
Olive Garden Dining
27,085 visits/mo 0.0 miles
McDonald's Dining
25,346 visits/mo 0.1 miles
Dutch Bros. Coffee Dining
11,694 visits/mo 0.4 miles
Starbucks Dining
10,776 visits/mo 0.3 miles
Taco Bell Dining
9,780 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-level commercial building in Yakima’s Central Business District with public water and electricity available.
Where is this mixed-use property located?
The property is located at 301 E Yakima Ave Yakima, WA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Over 38,000 square feet across a full basement, main level, and second floor; 0.34‑acre site at 301 E. Yakima Avenue in Yakima, WA 98901; Located within a federally designated Opportunity Zone
More about this property
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