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Restaurant Building with Commercial Kitchen
For Lease
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515 E Yakima Ave, Yakima, WA 98901

Restaurant space with an on-site commercial kitchen in a CBD-zoned downtown building on Yakima’s main street.

Space Size23,391 SF
Days on Market2745

Property Features for 515 E Yakima Ave

General Information

Standard status Active
Size 23,391 SF
Property subtype RETAIL
Zoning CBD
Lease Type Modified Gross

Site & Location

Traffic Count 29,000 vehicles/day
Road Access Yes

Amenities

commercial kitchen
outside seating

Building Details

Year Built 1908

Spaces For Lease

at 515 E Yakima Ave Contact us

Retail space Restaurant Winery Catering Coffee $8.64 – $18/SF/Yr

Size
23,391 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE
Sublease
No
5000sf +- ideal for Winery/Restaurant, Catering with partnering with event venue,...
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Contact us
Listing Agency: Wilson R.E. Management, LLC
Listed By: Roger Wilson · License #17888
Source: Moodyscre
Added: Mar 8, 2019 Changed: Sep 2 Last Checked: Sep 12 at 11:33AM

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 Wilson R.E. Management, LLC

Investment Insights

Based on property information with market context.

This for-rent restaurant building offers commercial kitchen functionality on site and is positioned for food service concepts, including winery/restaurant and catering with a partnering arrangement through an event venue. Public remarks note approximately 5,000 square feet (+/-), and that this figure does not include rentable outside seating.

The property is in Yakima’s CBD and sits on the city’s main street. It is reported to have approximately 29,000 daily vehicle trips. Built in 1908, the building is also described as being about one block from the Convention Center, Hilton Garden Inn, and the renovated downtown area.

An operator can partner with an event center to provide food and drinks, or rent the whole building, depending on the intended operating plan.

Key Highlights

  • About 5,000 SF commercial space with on‑site commercial kitchen
  • Built in 1908 and formerly First Baptist Church
  • Zoned CBD in downtown Yakima on Yakima’s main street

Property Analytics

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Current Use

Baptist Event Center ... Hotel & Motel First Baptist Church Tour Operator Fulcrum Innovation Center Coworking & Hybrid Office

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon Storage Facility Pet Store & Service

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

29,000 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,563
Businesses Nearby
329k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 37% Dining 28% Shops & Services 24% Apparel 6%
Target Superstores
99,400 visits/mo 0.5 miles
Olive Garden Dining
27,085 visits/mo 0.2 miles
McDonald's Dining
25,346 visits/mo 0.3 miles
Big Lots Superstores
23,613 visits/mo 0.5 miles
Ross Dress for Less Apparel
20,612 visits/mo 0.5 miles

Demographics for 98901, WA

32,351
Population
12,201
Households
2.7
Avg Household Size
33
Median Age
17%
College-Educated
72%
High-School Grad
184.5 sq mi
ZIP Area
175
Density / Sq Mi
$56,429
Median Household Income
$33,058
Median Earnings
$996
Median Rent
$268,100
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space with an on-site commercial kitchen in a CBD-zoned downtown building on Yakima’s main street.
Where is this conventional restaurant located?
The property is located at 515 E Yakima Ave Yakima, WA.
What is the lease rate?
The lease rate is $8.64 SF/Yr.
What are key features of this property?
This property features: About 5,000 SF commercial space with on‑site commercial kitchen; Built in 1908 and formerly First Baptist Church; Zoned CBD in downtown Yakima on Yakima’s main street
(509) 728-0654 Call to check price and availability
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