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    114 4Th St Yakima, WA 98901

    Sponsored
    For Sale
    $4,250,000

    86,375 SF Vacant Office Building

    Property size:
    86,375 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a vacant, 86,375-square-foot office building situated in Yakima, Washington's vibrant CBD Core Commercial zone. The property, identified by APN 19131921513, comprises three buildings, each two stories high, constructed in 1951. The expansive lot encompasses 56,099 square feet, offering significant potential for future development or expansion. Currently zoned for CBD Core Commercial use, this property is ideal for a variety of businesses seeking a substantial and well-located office space. The asking price is $4,250,000. The property's classification is Class B, and it's currently vacant, presenting a blank canvas for a new owner to customize and optimize. The combined net rentable square footage is 86,375 square feet, spread across three buildings. This prime location at 114 N 4th St, Yakima, WA 98901 (46.605298, -120.5031135) offers excellent visibility and accessibility within the city's core commercial district. The property's size and location make it an attractive proposition for businesses seeking a significant footprint in a thriving urban center. This is a rare opportunity to acquire a substantial office complex in a desirable location with considerable potential for growth and return on investment. The property is ready for immediate occupancy.

    Property Features for 114 4Th St

    General Information

    Property type
    Office space
    Square Feet
    86,375 SF
    Class
    B

    Building Details

    Year Built
    1951
    Buildings
    3
    Stories
    2

    HighLights

    • $4,250,000 asking price.
    • 86,375 square feet of vacant Class B office space.
    • Three buildings, two stories each, totaling 86,375 rentable square feet.
    • Located in Yakima, WA, at 114 N 4th St, 98901, in the CBD Core Commercial zone.
    • 56,099 square foot lot size.
    • Built in 1951.
    Property Profile Location Intelligence

    Current Use by Public Records

    Yakima Herald-Republic Newspaper Publisher

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Yakima
    County
    Yakima
    State
    Washington
    Longitude
    -120.5031135
    Latitude
    46.605298

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    FAQs

    What type of property is this?
    Office space - 86,375 SF Vacant Office Building
    Where is this office space located?
    The property is located at 114 4Th St Yakima, WA.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: $4,250,000 asking price.; 86,375 square feet of vacant Class B office space.; Three buildings, two stories each, totaling 86,375 rentable square feet.
    Request Owner's contact information
    114 4Th St Yakima, WA 98901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 4Th St Yakima, WA 98901
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