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Mixed-Use Office/Retail Building
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325 Torbett St, Richland, WA 99354

Private offices, open work areas, a reception area, and on-site parking support a range of business operations.

Property Size3,575 SF
Lot Size0.80 Acres
Price / SF$0.01
Days on Market302

Property Features for 325 Torbett St

General Information

Standard status Active
Size 3,575 SF
Lot size 0.80 Acres
Property subtype Retail

Site & Location

Road Access Yes
Mixed-Use Components office, retail

Additional Details

Property Use Office/Retail

Taxes and HOA fees

Annual Taxes $3,975

Amenities

natural light

Building Details

Building Size 3,575 SF
Year Built 1975
Buildings 1
Listing Agency: NAI Tri-Cities Commercial
Listed By: Todd Sternfeld · License #7AA1183
Source: Desertedgerealtygroup
Added: Dec 30, 2025 Changed: Oct 27 Last Checked: Oct 27 at 3:20AM

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 NAI Tri-Cities Commercial

Rey
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Investment Insights

Based on property information with market context.

This freestanding mixed-use property contains a 3,575-square-foot office and retail building on approximately 34,848 square feet of land. The interior includes multiple private offices, open work areas, and a reception area. Large windows bring natural light into the building, and parking is available on site. Built in 1975, the property offers a combination of enclosed and open workspace within a standalone building.

Torbett Street provides access to George Washington Way, with nearby retail and dining. Downtown amenities, the river, and major arterials are a short drive away.

Key Highlights

  • 3,575‑square‑foot freestanding office/retail building
  • Approximately 34,848 SF of land
  • Multiple private offices, open work areas, and reception area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,861
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,220 $577.2K
Cap Rate 7%
$412,300 $412.3K
Cap Rate 9%
$320,678 $320.7K
Market Conditions
NOI Build-Up for 3,575 SF
Gross rent
$50.2K $14.04/SF
− Vacancy
−$4.0K −$1.12/SF
EGI
$46.2K $12.92/SF
− OpEx
−$17.3K −$4.84/SF
NOI
$28.9K $8.07/SF
Area
Benton County, WA
Vacancy
8.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,220
Cap Rate 7%
$412,300
Cap Rate 9%
$320,678

Alternative Uses

Best Use
Office B
$783.9K
$686.0K – $914.6K (±1% cap)
NOI $54,876 @ 7.0% cap · market cap 228,650.00%
Second Best
Mixed Use
$412.3K
$360.8K – $481.0K (±1% cap)
NOI $28,861 @ 7.0% cap · market cap 120,254.17%
Theoretical Best
Office A
$991.6K
$867.6K – $1.16M (±1% cap)
NOI $69,410 @ 7.0% cap · market cap 289,208.33%
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

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Building Supply Auto Repair Shop Home Appliance Store Plumbing Service Furniture & Home Goods

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
Paved road access

Location Intelligence

Trade Area within ½ mile

859
Businesses Nearby

Demographics for 99354, WA

24,839
Population
10,807
Households
2.3
Avg Household Size
37
Median Age
42%
College-Educated
97%
High-School Grad
23.9 sq mi
ZIP Area
1,039
Density / Sq Mi
$88,601
Median Household Income
$50,192
Median Earnings
$1,299
Median Rent
$355,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Private offices, open work areas, a reception area, and on-site parking support a range of business operations.
Where is this mixed-use property located?
The property is located at 325 Torbett St Richland, WA.
What are key features of this property?
This property features: 3,575‑square‑foot freestanding office/retail building; Approximately 34,848 SF of land; Multiple private offices, open work areas, and reception area
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