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Improved Flex Warehouse with Secured Yard
For Sale
$2,895,000

31 N 4th Ave, Yakima, WA 98902

CBD-zoned property with a secured yard and recent building improvements.

Property Size40,827 SF
Price / SF$70.91
Days on Market421

Property Features for 31 N 4th Ave

General Information

Standard status Active
Size 40,827 SF
Property subtype General Commercial
Zoning CBD

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Warehouse Space 40,827 SF
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $20,518

Amenities

secured yard
Concrete
3
Built Up
Level
51836.0, 51836.0
Close to Bus Line, Level.

Building Details

Year Built 1939
Building Size 40,827 SF
Listing Agency: Almon Commercial-Residential Real Estate
Listed By: Nicholas Mayer · License #90998
Source: Xome
Added: Jul 6, 2025 Changed: Aug 30 Last Checked: Aug 30 at 1:42AM

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 Almon Commercial-Residential Real Estate

Investment Insights

Based on property information with market context.

This 40,827-square-foot flex property occupies a level site in Yakima’s Central Business District and is zoned CBD. The building supports commercial, light-industrial, manufacturing, flex, and retail uses. A secured yard provides space for parking, loading, or materials storage.

Recent work includes a new torch-down roof layer in part, newly poured interior concrete flooring, a complete fire suppression system, asbestos remediation, fresh interior and exterior paint, and new drywall in portions of the building. Built in 1939, the property is mostly vacant, with one tenant occupying 7,423 square feet. The configuration supports continued warehouse use or division into retail, storage, and flex areas, as contemplated by current ownership.

Key Highlights

  • 40,827 SF flex property in Yakima’s Central Business District
  • CBD zoning supports commercial, light‑industrial, manufacturing, flex, and retail uses
  • Secured yard for parking, loading, or materials storage

Property Analytics

Current Use

Franz Bakery Outlet Bakery

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Catering Service Bed & Breakfast Garden Center

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

Lease Details

Yes
Sprinkler system
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

2,381
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98902, WA

47,589
Population
17,723
Households
2.7
Avg Household Size
33
Median Age
19%
College-Educated
78%
High-School Grad
9.3 sq mi
ZIP Area
5,117
Density / Sq Mi
$60,050
Median Household Income
$36,900
Median Earnings
$1,045
Median Rent
$237,700
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - CBD-zoned property with a secured yard and recent building improvements.
Where is this flex space located?
The property is located at 31 N 4th Ave Yakima, WA.
What is the asking price?
The asking price for this property is $2,895,000.
What are key features of this property?
This property features: 40,827 SF flex property in Yakima’s Central Business District; CBD zoning supports commercial, light‑industrial, manufacturing, flex, and retail uses; Secured yard for parking, loading, or materials storage
More about this property
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