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Connected Retail Buildings
For Sale
$1,495,000

507-515 Clark St, Pasco, WA

COMMERCIAL - Pasco, WA

Property Size8,731 SF
Lot Size0.62 Acres
Price / SF$171.23
Days on Market47

Property Features for 507-515 Clark St

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMCL RETAIL
Parking 11
Directions From 4th Ave turn west on Clark St. Property is the first on the south side of Clark.
Standard status Active
APN multiple
Lot size 0.62 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 8768

Building Details

Year built 1957
Listing Agency: Tippett Company of Washington
Listed By: Kirt Shaffer · License #201212317
Added: Jul 10 Changed: Aug 18 Last Checked: Aug 25 at 4:06AM
MLS# 294568

Copyright © 2026 PACMLS. 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 retail property comprises two connected buildings totaling 8,731 square feet on a 0.62-acre site. An interior stairwell links the structures, while each retains a separate building identity. Constructed in 1957, the asset is fully occupied by two established long-term tenants.

Located in downtown Pasco at 507-515 Clark St, the property offers visibility and convenient access near local businesses, government offices, and community amenities. The reported cap rate is 12.84%.

Key Highlights

  • Two connected retail buildings totaling 8,731 square feet
  • Fully occupied by two established long‑term tenants
  • Reported 12.84% cap rate

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Law Firm Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

876
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 51% Apparel 38% Electronics 11%
U.S. Bank Shops & Services
5,215 visits/mo 0.4 miles
Goodwill Apparel
3,883 visits/mo 0.2 miles
Metro by T-Mobile Electronics
1,181 visits/mo 0.3 miles

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fully leased retail investment with two established long-term occupants.
Where is this retail space located?
The property is located at 507-515 Clark St Pasco, WA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Two connected retail buildings totaling 8,731 square feet; Fully occupied by two established long‑term tenants; Reported 12.84% cap rate
More about this property
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