Back to Search
West Yakima Mixed-Use Investment

4813 Tieton Drive Yakima, WA 98908

Claim this Listing
For Sale
$375,000

Mixed-use commercial property with three units and immediate income.

Type:OFC, SCR-FREE
Property size:
2,920 SF
Price / SF:
$128/SF
Added:
Feb 24, 2026
Days on Market:
138
Last Refresh:
Jun 30 at 12:41 am

Property Features for 4813 Tieton Drive

General Information

Standard status
Active
Size
2,920 SF
Property subtype
OFC, SCR-FREE

Building Details

Year Built
1942

Listing office KW Commercial Yakima Valley

Listing date Feb 24, 2026

Source Realnex

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 KW Commercial Yakima Valley


Investment Insights

Based on property information with market context.

This mixed-use commercial property is located on a corner in West Yakima, offering visibility and traffic. The property totals 2,920 square feet and is configured into three units suitable for office or retail use. The front unit is 1,150 square feet with a secure, enclosed 460-square-foot storage shed and is leased for $1,173 per month plus $260 per month for storage. The middle unit is 750 square feet and is leased for $650 per month. The rear unit is 660 square feet and is leased for $632 per month. The property features three current tenants, providing income. The front two units are month-to-month, offering flexibility, while the dog grooming tenant occupies the rear unit with a lease in place through September 2028.

Key Highlights

  • Prime West Yakima corner location with high visibility and strong traffic counts.
  • Immediate income from three existing tenants.
  • Versatile mixed‑use property suitable for office and/or retail.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $44.5k $15.24
− Vacancy −$3.1k −$1.05
EGI $41.4k $14.19
− OpEx −$10.4k −$3.55
NOI $31.1k $10.64
2,920 SF · lease $15.24/SF/yr · vacancy 6.87% · expense 25.00%

Alternative Uses

Best Use
Office B
$444.0K
$388.5K – $518.1K (±1% cap)
NOI $31,083 @ 7.0% cap · market cap 8.29%
Second Best
Retail
$423.0K
$370.1K – $493.5K (±1% cap)
NOI $29,607 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$593.0K
$518.9K – $691.8K (±1% cap)
NOI $41,509 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Stitch n Quilt ... (Bike/Boat/Book/etc) Store A Midsummer Night Take-out & Catering

Suggested Use

Auto Repair Shop Building Supply Kitchen & Bath Showroom Auto Parts Store Grocery & Convenience Store Electrical Service Big Box & Wholesale Store Plumbing Service (Bike/Boat/Book/etc) Store Law Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Mixed-use commercial property with three units and immediate income.
Where is this mixed-use property located?
The property is located at 4813 Tieton Drive Yakima, WA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Prime West Yakima corner location with high visibility and strong traffic counts.; Immediate income from three existing tenants.; Versatile mixed‑use property suitable for office and/or retail.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message