Mixed-Use Property with Storage
4813 Tieton Dr, Yakima, WA 98908
For Sale
New
$375,000
Comm/Industrial, Yakima, WA
Property Size2,560 SF
Lot Size0.11 Acres
Price / SF$146.48
Days on Market3
Property Features for 4813 Tieton Dr
General Information
Property type
Property subtype
Zoning description
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Corner Location
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Water source
Building Details
Year built
Roof type
Listing Agency:
Keller Williams Yakima Valley · Keller Williams Realty
(509) 966-1020
Listed By:
Adam Ranger · License #122859
(509) 388-6499
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 3:06PM
MLS# 26-3435
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.
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Investment Insights
Based on property information with market context.
This mixed-use property in Yakima contains three office and retail units totaling approximately 2,560 square feet on a 0.11-acre parcel. The front space is approximately 1,150 square feet, the middle unit is approximately 750 square feet, and the rear unit is approximately 660 square feet. An enclosed storage shed adds approximately 460 square feet. Built in 1962, the building has natural gas and electric heating with forced-air distribution, a composition roof, and public water service.
The property occupies a corner at S 49th Ave and Tieton Dr, amid retail, office, and residential uses. The rear unit is leased for dog grooming through September 2028; the two front units are occupied month to month. The parcel is zoned B2 Local Business.
The property occupies a corner at S 49th Ave and Tieton Dr, amid retail, office, and residential uses. The rear unit is leased for dog grooming through September 2028; the two front units are occupied month to month. The parcel is zoned B2 Local Business.
Key Highlights
- Three office/retail units total approximately 2,560 square feet on 0.11 acres
- Enclosed storage shed measures approximately 460 square feet
- Unit areas: approximately 1,150 square feet, 750 square feet, and 660 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,957
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,140
$519.1K
Cap Rate 7%
$370,814
$370.8K
Cap Rate 9%
$288,411
$288.4K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$38.7K $15.12/SF
− Vacancy
−$1.6K −$0.64/SF
EGI
$37.1K $14.48/SF
− OpEx
−$11.1K −$4.35/SF
NOI
$26.0K $10.14/SF
Area
Yakima County, WA
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,140
Cap Rate 7%
$370,814
Cap Rate 9%
$288,411
Alternative Uses
Best Use
Retail
$370.8K
$324.5K – $432.6K
NOI $25,957 @ 7.0% cap · market cap 6.92%
Second Best
Mixed Use
$258.8K
$226.4K – $301.9K
NOI $18,115 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$519.9K
$454.9K – $606.5K
NOI $36,391 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
668
Businesses Nearby
14k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 92%
Shops & Services 8%
El Porton
Dining
9,920 visits/mo
0.1 miles
Abby's Legendary Pizza
Dining
3,463 visits/mo
0.1 miles
H&R Block
Shops & Services
1,086 visits/mo
0.5 miles
Demographics for 98908, WA
38,205
Population
15,496
Households
2.5
Avg Household Size
42
Median Age
33%
College-Educated
91%
High-School Grad
105.7 sq mi
ZIP Area
361
Density / Sq Mi
$80,266
Median Household Income
$43,789
Median Earnings
$1,302
Median Rent
$356,900
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three commercial units include month-to-month occupancy in the front spaces and a dog grooming lease in the rear.
Where is this mixed-use property 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: Three office/retail units total approximately 2,560 square feet on 0.11 acres; Enclosed storage shed measures approximately 460 square feet; Unit areas: approximately 1,150 square feet, 750 square feet, and 660 square feet
