905 North 1st Street, Yakima, WA 98901
Well-maintained restaurant building with seating for about 269 and walk-in freezers, delivered vacant for new occupancy.
- Added:
- Jun 15, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 20 at 6:16 am
Property Features for 905 North 1st Street
General Information
- Standard status
- Active
- Size
- 8,383 SF
- Lot size
- 1.95 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1991
Listing agent Bill Almon License #WA 17047
Listing office Almon Commercial Real Estate
Listing date Jun 15, 2026
Source Crexi
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
HighLights
- Well‑maintained restaurant building built in 1991
- Seating capacity of approximately 269
- Walk‑in freezers included
- Oversized 1.95‑acre parcel with approximately 124 parking stalls
- Located on a controlled corner intersection fronting a major commercial arterial with 18,500+ vehicles per day
- Delivered vacant as of closing; furniture, fixtures, and equipment may be available for purchase upon negotiated terms
Overview
The restaurant is located at a controlled corner intersection in Yakima, Washington, fronting a major commercial arterial with over 18,500 vehicles per day passing the property. The site is an oversized 1.95-acre parcel with approximately 124 parking stalls, supporting convenient customer access.
This asset is well-suited for an operator or buyer seeking a turnkey restaurant footprint with meaningful on-site parking and kitchen-ready components such as walk-in freezers. With the building delivered vacant as of closing and the option to purchase existing FFE subject to negotiation, it can provide a practical starting point for a new full-service concept or continued restaurant use.
Local Financial Insights For Specialty Retail
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 | $118.7k | $14.16 |
| − Vacancy | −$5.0k | −$0.59 |
| EGI | $113.7k | $13.57 |
| − OpEx | −$28.4k | −$3.39 |
| NOI | $85.3k | $10.17 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Yakima
- County
- Yakima
- State
- Washington
- Longitude
- -120.5108767
- Latitude
- 46.6138538
