504 North 40th Avenue Yakima, WA 98908

Listing office KW Commercial Yakima Valley r***@ccim.net Show Phone

Listing date May 20, 2026

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Investment Insights

Based on property information with market context.

This 18,591 sq. ft. medical facility is an investment opportunity for an owner/user in the medical field. Located on North 40th Avenue in Yakima, the property is situated on a 1.31-acre lot zoned B-1, allowing for multiple uses. The building features 12,083 sq. ft. of finished ground floor space, 2,730 sq. ft. of finished basement space, and 3,778 sq. ft. of unfinished basement space. The layout includes 27 exam rooms, a private lab, 2 procedure rooms, 7 private offices, a breakroom, a conference room, and a gym. The property has 70 designated parking spaces. Infrastructure features include a metal roof and a fully sprinkled interior. There is reserved space for a future basement elevator. The property is currently leased to MultiCare Hospital through March 2027.

Key Highlights

• Leased to MultiCare Hospital through March 2027, providing immediate income.
• 18,591 sq. ft. medical facility optimized for healthcare with 27 exam rooms, private lab, and procedure rooms.
• Located on Yakima's North 40th, the 2nd most traveled street in Yakima.

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FAQs

What type of property is this?

Medical Office Space - Well-equipped medical facility leased to MultiCare Hospital until March 2027.

Where is this medical office space located?

The property is located at 504 North 40th Avenue Yakima, WA.

What is the asking price?

The asking price for this property is $2,800,000.

What are key features of this property?

This property features: Leased to MultiCare Hospital through March 2027, providing immediate income.; 18,591 sq. ft. medical facility optimized for healthcare with **27 exam rooms, private lab, and procedure rooms**.; Located on Yakima's North 40th, the 2nd most traveled street in Yakima.