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Downtown Retail Investment Property
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507-515 W Clark St, Pasco, WA 99301

Fully leased retail investment with two connected buildings totaling 8,731 SF and C-1 zoning in downtown Pasco.

Property Size8,731 SF
Price / SF$171.23
Days on Market70

Property Features for 507-515 W Clark St

General Information

Standard status Active
Size 8,731 SF
Property subtype OFFICE
Zoning C-1
Occupancy 100%

Additional Details

Cap Rate 12.84%

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Tippett Company of Washington LLC
Listed By: Kirt Shaffer · License #50402
Source: Moodyscre
Added: Jul 6 Changed: Sep 9 Last Checked: Sep 13 at 7:40AM

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 Tippett Company of Washington LLC

Investment Insights

Based on property information with market context.

This fully leased retail investment property is set up for long-term tenancy, with occupancy by two established long-term tenants. The asset is well maintained and consists of two connected buildings totaling 8,731 square feet, joined by an interior stairwell while maintaining separate building identities. The property is zoned C-1 (Retail Business District).

Located in the heart of downtown Pasco, the buildings benefit from convenient access and strong visibility, with proximity to local businesses, government offices, and community amenities.

With two tenants in place and dedicated retail zoning, the configuration supports a straightforward retail investment profile focused on continued occupancy.

Key Highlights

  • Fully leased retail investment with two established long‑term tenants
  • Two connected buildings totaling 8,731 SF joined by an interior stairwell
  • Zoned C‑1 (Retail Business District)

Property Analytics

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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

Demographics for 99301, WA

85,272
Population
27,700
Households
3.1
Avg Household Size
31
Median Age
21%
College-Educated
77%
High-School Grad
486.3 sq mi
ZIP Area
175
Density / Sq Mi
$82,517
Median Household Income
$41,409
Median Earnings
$1,195
Median Rent
$353,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Retail space - Fully leased retail investment with two connected buildings totaling 8,731 SF and C-1 zoning in downtown Pasco.
Where is this retail space located?
The property is located at 507-515 W 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: Fully leased retail investment with two established long‑term tenants; Two connected buildings totaling 8,731 SF joined by an interior stairwell; Zoned C‑1 (Retail Business District)
(509) 545-3355 Call to check price and availability
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