Warehouse with Cold
635 North 13th Avenue Walla Walla, WA 99362
New
For Sale
Contact for pricing
Warehouse building includes 3,500 square feet of cold storage and 1,500 square feet of office/retail space.
Property Size5,000 SF
Price / SF$130
Days on Market7
Property Features for 635 North 13th Avenue
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Industrial, Mixed Use
Building Details
- Year Built
- 1994
Listing Agency:
Associated Appraisers of Walla Walla, LLC
(509) 522-2272
Listed By:
Michael Fredrickson · License #WA - 21009558
Source:
Crexi
Added: Jul 17
Changed: Jul 23
Last Checked: Jul 23 at 3:03AM
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 Associated Appraisers of Walla Walla, LLC
Investment Insights
Based on property information with market context.
Commercial building in a heavy industrial zone, offering a total of 5,000 square feet. The space is arranged with 3,500 square feet dedicated to cold storage and an additional 1,500 square feet for office/retail use. The building is currently leased to a winery.
The property is located at 635 North 13th Avenue in Walla Walla, with access that supports a variety of uses in the heavy industrial area.
For buyers evaluating an industrial purchase, the key functional breakout is cold storage alongside office/retail space within one warehouse facility that can serve multiple operational needs.
The property is located at 635 North 13th Avenue in Walla Walla, with access that supports a variety of uses in the heavy industrial area.
For buyers evaluating an industrial purchase, the key functional breakout is cold storage alongside office/retail space within one warehouse facility that can serve multiple operational needs.
Key Highlights
- 5,000 SF commercial building in Walla Walla heavy industrial zone
- Includes 3,500 SF cold storage
- Includes 1,500 SF office/retail area
Financial Insights For Warehouse
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 | $45.0k | $9.00 |
| − Vacancy | −$3.1k | −$0.61 |
| EGI | $41.9k | $8.39 |
| − OpEx | −$6.3k | −$1.26 |
| NOI | $35.6k | $7.13 |
5,000 SF · lease $9.00/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$509.3K
$445.6K – $594.2K
NOI $35,649 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,368 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Gramercy Cellars
Brewery & Distillery
Similar Off Market Nearby
- Blue Mountain Mini Storage — 216 Woodland Ave, Walla Walla, WA 99362
- Abadie Street Mini Storage — 1150 Abadie St, Walla Walla, WA 99362
- Americold Logistics - Walla Walla — 1115 W Rose St, Walla Walla, WA 99362
- HHH RV STORAGE — 1002 W Rose St, Walla Walla, WA 99362
- Dell RV & Mini Storage — 1846 Dell Ave, Walla Walla, WA 99362
FAQs
What type of property is this?
Warehouse - Warehouse building includes 3,500 square feet of cold storage and 1,500 square feet of office/retail space.
Where is this warehouse located?
The property is located at 635 North 13th Avenue Walla Walla, WA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 5,000 SF commercial building in Walla Walla heavy industrial zone; Includes 3,500 SF cold storage; Includes 1,500 SF office/retail area
