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Multi-Suite Retail/Office Building

5804 W Clearwater Ave Kennewick, WA 99336

5804 W Clearwater Ave, Kennewick, WA, 99336
$435,000
For Sale
$435,000

Two suites with separate entrances offer flexible space for office, retail, medical, or service uses.

Property Size2,589 SF
Price / SF$168.02
Days on Market164

Property Features for 5804 W Clearwater Ave

General Information

Standard status
Active
Size
2,589 SF
Listing agency HomeSmart Elite Brokers
Listed by Dina Mendoza
Source Exprealty
Added: Feb 9 Updated: Jul 22 at 7:50PM Checked: Jul 22 at 7:50PM

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 for-sale commercial building is configured as two separate suites, Suite A and Suite B, each with its own entrance. Suite A includes a large office or retail area along with a kitchen, bathroom, and multiple office spaces. Suite B features a spacious showroom, a bathroom, and several additional rooms.

The property is positioned on a high-traffic corridor with strong visibility and daily exposure to passing customers. It is located on Clearwater Ave in Kennewick.

With a flexible floor plan and dedicated suite access, the building supports a variety of business operations, including office, retail, medical, and service uses.

Key Highlights

  • 2,589 SF commercial building in Kennewick on Clearwater Ave
  • Flexible layout for office, retail, medical, or service use
  • Two suites (Suite A & Suite B) with separate entrances

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $56.9k $21.96
− Vacancy −$3.9k −$1.49
EGI $53.0k $20.47
− OpEx −$13.2k −$5.12
NOI $39.7k $15.35
2,589 SF · lease $21.96/SF/yr · vacancy 6.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$567.7K
$496.8K – $662.4K (±1% cap)
NOI $39,741 @ 7.0% cap · market cap 9.14%
Second Best
Retail
$435.3K
$380.9K – $507.8K (±1% cap)
NOI $30,468 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$718.1K
$628.3K – $837.8K (±1% cap)
NOI $50,267 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

CDI Vacuums Home Appliance Store

Suggested Use

Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Wine and Liquor Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Two suites with separate entrances offer flexible space for office, retail, medical, or service uses.
Where is this office units 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 SF commercial building in Kennewick on Clearwater Ave; Flexible layout for office, retail, medical, or service use; Two suites (Suite A & Suite B) with separate entrances
Contact an agent
More about this property
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