Office Building with Finished
7515 W Deschutes Ave, Kennewick, WA 99336
For Sale
$814,000
Pending
Commercial Sale, Kennewick, WA
Property Size3,818 SF
Lot Size0.43 Acres
Days on Market43
Property Features for 7515 W Deschutes Ave
General Information
Property type
Property subtype
Zoning
Parking
Interior features
Exterior features
Directions
Standard status
APN
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Cooling system
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Building Details
Year built
Flooring type
Building materials
Roof type
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Buildings
Listing Agency:
HomeSmart Elite Brokers · HomeSmart International
(509) 371-9085
Listed By:
Kellen Belew · License WA #114951
(509) 412-2058
Added: Oct 3
Changed: Nov 6
Last Checked: Nov 14 at 1:06AM
MLS# 296940
Copyright © 2026 PACMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1990 office building offers 3,161 square feet of office space and 657 square feet of finished garage area with concrete floors, storage, and an approximately 11-by-10-foot overhead door. The layout includes an entry and reception area, a large conference room, a main office area, a large private office, two additional rooms, and two private bathrooms with a shower. A full kitchen has a sink and appliances, and the building is served by two HVAC systems.
The property occupies 0.43 acres in Kennewick, three buildings east of Columbia Center and one block north of Clearwater Avenue. Exterior features include landscaping and parking for 10 or more vehicles.
The property occupies 0.43 acres in Kennewick, three buildings east of Columbia Center and one block north of Clearwater Avenue. Exterior features include landscaping and parking for 10 or more vehicles.
Key Highlights
- 3,161 square feet of office space plus 657 square feet of finished garage
- Finished garage has concrete floors, storage, and an approximately 11'x10' overhead door
- Two HVAC systems serve a layout with 10 distinct areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,606
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,172,120
$1.2M
Cap Rate 7%
$837,229
$837.2K
Cap Rate 9%
$651,178
$651.2K
Market Conditions
NOI Build-Up for 3,818 SF
Gross rent
$83.8K $21.96/SF
− Vacancy
−$5.7K −$1.49/SF
EGI
$78.1K $20.47/SF
− OpEx
−$19.5K −$5.12/SF
NOI
$58.6K $15.35/SF
Area
Benton County, WA
Vacancy
6.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,172,120
Cap Rate 7%
$837,229
Cap Rate 9%
$651,178
Alternative Uses
Best Use
Office B
$837.2K
$732.6K – $976.8K
NOI $58,606 @ 7.0% cap · market cap 7.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$926.6K – $1.24M
NOI $74,128 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,214
Businesses Nearby
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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
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Market
Properties on Market for Office buildings in Kennewick
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - The interior combines private offices, a conference room, two private bathrooms, a kitchen, and storage.
Where is this office building located?
The property is located at 7515 W Deschutes Ave Kennewick, WA.
What is the asking price?
The asking price for this property is $814,000.
What are key features of this property?
This property features: 3,161 square feet of office space plus 657 square feet of finished garage; Finished garage has concrete floors, storage, and an approximately 11'x10' overhead door; Two HVAC systems serve a layout with 10 distinct areas
