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Single-Tenant Government Office Building

415 N 3rd St, Yakima, WA 98901

For Sale
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Single-tenant office property with a government lease, second-floor space, and fenced on-site employee parking.

Property SizeContact for details
Days on Market55

Property Features for 415 N 3rd St

General Information

Standard status Active
Property subtype OFFICE

Additional Details

Floor 2nd floor

Building Details

Tenancy Single
Owner Occupied No
Listing Agency: Kidder Mathews
Listed By: David Gellner · License #112893
Source: Moodyscre
Added: Sep 15 Changed: Nov 3 Last Checked: Nov 8 at 9:00AM

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 Kidder Mathews

Rey
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Investment Insights

Based on property information with market context.

The property is a single-tenant office building occupied by the U.S. Citizenship and Immigration Services Yakima Field Office. The United States government has leased the property since 2002 and recently renewed the lease for an additional 5 years of firm term. The building includes second-floor space and sits on a large parcel, with fully fenced parking designated for USCIS employees.

Located at 415 N 3rd St in Yakima, Washington, the property serves as one of only three U.S. Citizenship and Immigration Services offices in the state. Yakima has a population of over 117k+ people, with area population growth of 15% since 2000.

Key Highlights

  • Leased to the United States government since 2002
  • Additional 5 years of firm lease term recently renewed
  • One of only three U.S. Citizenship and Immigration Services offices in Washington State

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

USCIS Yakima Field ... Federal Government Office USCIS Application Support ... Government Office Pacific Print & Thread Textile Manufacturer Welch's Business Services Accounting Firm

Suggested Use

Top Pick Veterinary Clinic Locksmith Storage Facility (Bike/Boat/Book/etc) Store Tanning Salon Pet Store & 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.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,407
Businesses Nearby

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

Average Price Trend$/SF for Office buildings in Yakima County, WA

$126 Jul
$134 Aug
$149 Sep
$147 Oct

Properties on Market for Office buildings in Yakima County

Jul
Aug
Sep
Oct

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?
Office building - Single-tenant office property with a government lease, second-floor space, and fenced on-site employee parking.
Where is this office building located?
The property is located at 415 N 3rd St Yakima, WA.
What is the asking price?
The asking price for this property is $2,690,000.
What are key features of this property?
This property features: Leased to the United States government since 2002; Additional 5 years of firm lease term recently renewed; One of only three U.S. Citizenship and Immigration Services offices in Washington State
(206) 747-4338 · Office Call to check price and availability
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