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Mixed-Use Corner Commercial Building

4813 Tieton Dr Yakima, WA 98908

4813 Tieton Dr, Yakima, WA, 98908
$375,000
For Sale
$375,000

COMMERCIAL - Yakima, WA

Property Size2,920 SF
Lot Size0.11 Acres
Price / SF$128.42
Days on Market149

Property Features for 4813 Tieton Dr

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
181321-44508
Size
2,920 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
1012

Utilities

Heating system
Natural Gas, Forced Air, Electric (Heating)
Water source
Public

Building Details

Year built
1942
Flooring type
Concrete
Building materials
Block
Roof type
Composition
Listing agency Keller Williams Yakima Valley
Listed by Adam Ranger
Added: Feb 23 Updated: Jul 22 at 2:21AM Checked: Jul 22 at 5:06AM
MLS# 26-441

Copyright © 2026 Yakima Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This mixed-use commercial building is configured as three separate units suitable for office and/or retail use. The front unit includes a secure, enclosed 460 SF storage shed. The middle unit provides additional space for an office or retail tenant. The rear unit is currently occupied by a dog grooming tenant and is under lease through September 2028.

The property is located on a high-exposure corner setting on Tieton Dr in West Yakima. It benefits from visibility and the ability to serve both office and retail requirements within a flexible, multi-tenant layout.

For current income, all three units are leased. The front and middle units are described as month-to-month, while the rear unit has a lease in place extending through September 2028, supporting an owner-operator or investor strategy with existing tenancy.

Key Highlights

  • 2,920 SF mixed‑use commercial property on a West Yakima corner with three units for office and/or retail use
  • Front unit: 1,150 SF plus a secure, enclosed 460 SF storage shed leased for $1,173/month + $260/month
  • Middle unit: 750 SF leased for $650/month

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?
Office units - A three-unit office/retail property with leased units and an enclosed storage shed in a high-exposure corner setting.
Where is this office units located?
The property is located at 4813 Tieton Dr 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: 2,920 SF mixed‑use commercial property on a West Yakima corner with three units for office and/or retail use; Front unit: 1,150 SF plus a secure, enclosed 460 SF storage shed leased for $1,173/month + $260/month; Middle unit: 750 SF leased for $650/month
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