Auto Shop with Paint
For Sale
$710,000
607/609 S 1st St, Yakima, WA 98901
Automotive facility with collision-repair improvements, service bays, and an adjoining parcel for vehicle-related operations.
Property Size6,500 SF
Days on Market55
Property Features for 607/609 S 1st St
General Information
Standard status
Active
Size
6,500 SF
Property subtype
Retail
Building Details
Building Size
6,500 SF
Year Built
1935
Listing Agency:
Almon Commercial Real Estate
Listed By:
Nick Mayer · License #90998
(509) 480-0733
Source:
Commercialcafe
Added: Aug 25
Changed: Oct 15
Last Checked: Oct 16 at 5:57AM
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 Almon Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property includes a 6,500-square-foot automotive building constructed in 1935, with improvements for collision repair, refinishing, and general automotive sales or service. On-site features include a paint booth, vehicle lift, four grade-level roll-up doors measuring 10 feet by 12 feet, bay access, and installed power.
The offering also includes an adjacent parcel that can support parking, vehicle storage, or an auto sales lot. Located at 607/609 S 1st St in Yakima, Washington, the two-parcel configuration combines an operating automotive facility with additional land for vehicle-oriented use.
The offering also includes an adjacent parcel that can support parking, vehicle storage, or an auto sales lot. Located at 607/609 S 1st St in Yakima, Washington, the two-parcel configuration combines an operating automotive facility with additional land for vehicle-oriented use.
Key Highlights
- 6,500 SF automotive building constructed in 1935
- Paint booth and vehicle lift included
- Configured for collision repair, refinishing, and general automotive sales or service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,515
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,030,300
$1.0M
Cap Rate 7%
$735,929
$735.9K
Cap Rate 9%
$572,389
$572.4K
Market Conditions
NOI Build-Up for 6,500 SF
Gross rent
$79.6K $12.24/SF
− Vacancy
−$6.0K −$0.92/SF
EGI
$73.6K $11.32/SF
− OpEx
−$22.1K −$3.40/SF
NOI
$51.5K $7.93/SF
Area
Yakima County, WA
Vacancy
7.50%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,030,300
Cap Rate 7%
$735,929
Cap Rate 9%
$572,389
Alternative Uses
Best Use
Retail
$941.5K
$823.8K – $1.10M
NOI $65,907 @ 7.0% cap · market cap 9.28%
Second Best
Industrial
$735.9K
$643.9K – $858.6K
NOI $51,515 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,400 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,095
Businesses Nearby
14k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 92%
Electronics 8%
U-Haul
Shops & Services
3,078 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
2,799 visits/mo
0.1 miles
Firestone Complete Auto Care
Shops & Services
2,413 visits/mo
0.4 miles
Valley Ford Sales, Inc
Shops & Services
1,562 visits/mo
0.2 miles
Jiffy Lube
Shops & Services
869 visits/mo
0.3 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
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Jasper Engines & Transmissions — 1019 S 3rd Ave, Yakima, WA 98902
- Quick Lube And Auto Repair, LLC — 1019 S 3rd Ave, Yakima, WA 98902
- Bpr Performance — Yakima, WA 98901
- Bonnie & Clyde's Muffler Center — 105 E Nob Hill Blvd, Yakima, WA 98901
- Alliance Auto Tires — 702 E Nob Hill Blvd, Yakima, WA 98901
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive facility with collision-repair improvements, service bays, and an adjoining parcel for vehicle-related operations.
Where is this auto shop located?
The property is located at 607/609 S 1st St Yakima, WA.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: 6,500 SF automotive building constructed in 1935; Paint booth and vehicle lift included; Configured for collision repair, refinishing, and general automotive sales or service
