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1177 Jadwin Ave Richland, WA 99352

For Sale
$1,000,000

6,453 SF Office, 7.25% Cap Rate

Property size:
6,453 SF

Description

Added:
Dec 11, 2024
Days on Market:
369
This exceptional investment opportunity presents a fully occupied, 6,453 square foot commercial office building located at 1177 Jadwin Ave, Richland, WA 99352. The single-story, Class C building, constructed in 1965, boasts a strong 7.25% capitalization rate based on the pro forma. Currently housing six suites of varying sizes, the property offers stable cash flow and excellent visibility due to its location within Richland's bustling commercial corridor. The building's multi-tenant occupancy ensures a diversified revenue stream. This property provides value-add potential for a savvy investor, with convenient access to major transportation routes. The asking price is $1,000,000. Twenty-four-hour notice is required for showings. The property is situated in Benton County.

Property Features for 1177 Jadwin Ave

General Information

Property type
Office Properties & Spaces
Square Feet
6,453 SF
Class
C

Building Details

Year Built
1965
Stories
1

HighLights

  • $1,000,000 asking price for a 6,453 square foot office building.
  • Located at 1177 Jadwin Ave, Richland, WA 99352.
  • Class C, single‑story, multi‑tenant office building built in 1965.
  • 7.25% capitalization rate.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mid-Columbia Mastersingers Association / Organization American Diabetes Association Non-Profit Organization Kerri Feeney Law ... Attorney RC Engineering & Construction ... Engineering Consultant Melinda Johnson, LICSW Social Worker

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Richland
County
Benton
State
Washington
Longitude
-119.2775361
Latitude
46.2837433

FAQs

What type of property is this?
Office Property / Space - 6,453 SF Office, 7.25% Cap Rate
Where is this office property / space located?
The property is located at 1177 Jadwin Ave Richland, WA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: $1,000,000 asking price for a 6,453 square foot office building.; Located at 1177 Jadwin Ave, Richland, WA 99352.; Class C, single-story, multi-tenant office building built in 1965.
More about this property
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