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Medical/Office Building in Medical Center
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401 S 12th Ave, Yakima, WA 98902

Affordable medical/office building in the medical center district.

Property Size10,414 SF
Price / SF$105
Days on Market156

Property Features for 401 S 12th Ave

General Information

Standard status Active
Size 10,414 SF
Class C
Property subtype Office
Zoning B-1
Investment Type Owner/User

Building Details

Year Built 1955
Stories 1
Listing Agency: Almon Commercial Real Estate
Listed By: Bill Almon · License #WA 17047
Source: Crexi
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 12 at 10:46AM

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 Real Estate

Investment Insights

Based on property information with market context.

This property offers the opportunity to purchase an affordable office or medical building located in the medical center district near downtown. The building features approximately 10,414 square feet. It is divided into two areas: one approximately 6,652 square feet, historically occupied by an optometrist and currently configured for continued medical or traditional office use, and another approximately 3,572 square feet. The former optometrist area includes a large dual-side reception area with significant built-ins and waiting areas, along with 11 private exam rooms or offices. The latter area contains 7 private offices, bullpen areas, and a conference room. The HVAC system was recently replaced in the former optometrist area, enhancing the building's appeal for medical or office tenants.

Key Highlights

  • Located in the medical center district near downtown.
  • Suitable for medical or traditional office use.
  • Features a large dual‑side reception area with significant built‑ins and waiting areas.

Property Analytics

Current Use

Incyte Diagnostics Medical Laboratory Medical Center Labs: ... Medical Laboratory Li Abel w ... Physician Dr. John W. ... Physician Dr. Stephen D. ... Physician

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher Locksmith Catering Service

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

534
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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Affordable medical/office building in the medical center district.
Where is this medical office space located?
The property is located at 401 S 12th Ave Yakima, WA.
What is the asking price?
The asking price for this property is $1,093,470.
What are key features of this property?
This property features: Located in the medical center district near downtown.; Suitable for medical or traditional office use.; Features a **large dual‑side reception area with significant built‑ins and waiting areas.**
More about this property
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