Mixed-Use Property with Two
For Sale
$435,000
Pending
5804 W Clearwater Ave, Kennewick, WA 99336
Separate entrances serve two spaces with office, retail, and showroom areas, plus bathrooms and a kitchen.
Property Size2,589 SF
Days on Market244
Property Features for 5804 W Clearwater Ave
General Information
Standard status
Pending
Size
2,589 SF
Additional Details
Office Units
2
Taxes and HOA fees
Annual Taxes
$1,715
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
HomeSmart Elite Brokers
(509) 371-9085
Listed By:
Dina Mendoza
(509) 366-6061
Source:
Exprealty
Added: Feb 9
Changed: Oct 10
Last Checked: Oct 10 at 2:37AM
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 HomeSmart Elite Brokers
Investment Insights
Based on property information with market context.
This 2,589-square-foot mixed-use building at 5804 W Clearwater Ave in Kennewick is divided into Suite A and Suite B, each with its own entrance. Suite A combines a substantial office or retail area with a kitchen, bathroom, and multiple offices. Suite B features a showroom, bathroom, and several additional rooms.
The property offers two distinct suites along Clearwater Ave, with layouts that include office, retail, and showroom space.
The property offers two distinct suites along Clearwater Ave, with layouts that include office, retail, and showroom space.
Key Highlights
- 2,589‑square‑foot mixed‑use building
- Two suites, each with a separate entrance
- Suite A includes a kitchen, bathroom, and multiple offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,468
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,360
$609.4K
Cap Rate 7%
$435,257
$435.3K
Cap Rate 9%
$338,533
$338.5K
Market Conditions
NOI Build-Up for 2,589 SF
Gross rent
$46.6K $18.00/SF
− Vacancy
−$3.1K −$1.19/SF
EGI
$43.5K $16.81/SF
− OpEx
−$13.1K −$5.04/SF
NOI
$30.5K $11.77/SF
Area
Benton County, WA
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,360
Cap Rate 7%
$435,257
Cap Rate 9%
$338,533
Alternative Uses
Best Use
Retail
$435.3K
$380.9K – $507.8K
NOI $30,468 @ 7.0% cap · market cap 7.00%
Second Best
Mixed Use
$298.6K
$261.3K – $348.4K
NOI $20,901 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$718.1K
$628.3K – $837.8K
NOI $50,267 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
81k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 56%
Shops & Services 40%
Beauty & Spa 3%
Home Improvements & Furnishings 1%
Safeway
Groceries
45,817 visits/mo
0.4 miles
Speedway
Shops & Services
6,361 visits/mo
0.4 miles
Wells Fargo
Shops & Services
6,287 visits/mo
0.2 miles
Exxon
Shops & Services
5,813 visits/mo
0.1 miles
U.S. Bank
Shops & Services
5,063 visits/mo
0.4 miles
Demographics for 99336, WA
51,127
Population
20,915
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
85%
High-School Grad
13.4 sq mi
ZIP Area
3,815
Density / Sq Mi
$63,308
Median Household Income
$38,211
Median Earnings
$1,155
Median Rent
$292,300
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Separate entrances serve two spaces with office, retail, and showroom areas, plus bathrooms and a kitchen.
Where is this mixed-use property located?
The property is located at 5804 W Clearwater Ave Kennewick, WA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 2,589‑square‑foot mixed‑use building; Two suites, each with a separate entrance; Suite A includes a kitchen, bathroom, and multiple offices
