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Warehouse with Office and Power

706 E Penn St Moses Lake, WA 98837

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2,500 SF warehouse with office, restroom, and power.

Type:INDUSTRIAL
Property size:
2,500 SF
Price / SF:
$90/SF
Added:
May 5, 2026
Days on Market:
69
Last Refresh:
May 8 at 3:48 am

Property Features for 706 E Penn St

General Information

Standard status
Active
Size
2,500 SF
Property subtype
INDUSTRIAL

Listing office SVN Cornerstone LLC

Listing date May 5, 2026

Source Moodyscre

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 SVN Cornerstone LLC


Investment Insights

Based on property information with market context.

This 2,500 square foot commercial property is suitable for either investment or owner-user purposes. The property includes a warehouse area, an office space, and a restroom. It is equipped with ample power and features two overhead doors.

Key Highlights

  • Warehouse area suitable for investment or owner‑user
  • Two (2) overhead doors for easy access
  • Office space included

Local 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 $22.5k $9.00
− Vacancy −$1.5k −$0.59
EGI $21.0k $8.42
− OpEx −$3.2k −$1.26
NOI $17.9k $7.15
2,500 SF · lease $9.00/SF/yr · vacancy 6.50% · expense 15.00%

Alternative Uses

Best Use
Office B
$382.5K
$334.7K – $446.3K (±1% cap)
NOI $26,775 @ 7.0% cap · market cap 11.90%
Second Best
Warehouse
$255.5K
$223.5K – $298.0K (±1% cap)
NOI $17,882 @ 7.0% cap · market cap 7.95%
Theoretical Best
Office A
$543.1K
$475.2K – $633.6K (±1% cap)
NOI $38,016 @ 7.0% cap · market cap 16.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Parking Lot & Garage Grocery & Convenience Store HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Storage Facility Butcher Florist (Bike/Boat/Book/etc) Store Restaurant

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

Similar Off Market Nearby

  • Hall's Self Storage Office — 305 E E 3rd Ave, Moses Lake, WA 98837

FAQs

What type of property is this?
Warehouse - 2,500 SF warehouse with office, restroom, and power.
Where is this warehouse located?
The property is located at 706 E Penn St Moses Lake, WA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Warehouse area suitable for investment or owner‑user; Two (2) overhead doors for easy access; Office space included
Contact an agent
(509) 499-9229 Call to check price and availability
More about this property
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