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    32 3Rd St Yakima, WA 98901

    Sponsored
    For Lease
    $12 SF/Yr

    Downtown Yakima Office Space Available

    Lot size:
    39,128 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional opportunity presents two available office suites within the Liberty Building, a beautifully renovated Class B office building situated in Yakima's vibrant downtown core (32 N 3rd St, Yakima, WA 98901). The 39,128 square foot, four-story building, constructed in 1925 and extensively renovated in 2019, boasts a prime location within the Central Business District (CBD), offering easy access to numerous amenities. Suite 218, a 2nd-floor space featuring northerly-facing windows, comprises four large private offices, a conference room, kitchenette, and reception area with a built-in desk. Existing furniture is available for acquisition under separate terms. Suite 320, located on the 3rd floor and also boasting northerly-facing windows, underwent a complete remodel approximately five years ago. This suite offers five private offices, a conference room, a break room with a kitchen, and bullpen space. Suite 320 is highly flexible, offering the possibility of leasing the entire 2,586 square foot space or a smaller 1,095 square foot portion. The building's convenient location provides easy access to a large public parking lot, diverse restaurants, brewpubs, tasting rooms, and coffee shops. The building is zoned for CBD use and features a Yakima County APN of 191319-22470. This is an ideal opportunity for businesses seeking modern, well-appointed office space in a thriving downtown setting.

    Property Features for 32 3Rd St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,128 SF
    Class
    B
    Total Rate
    39128

    Building Details

    Year Built/Renovated
    1925/2019
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 218
    Size
    2,197 SF
    Rate per SF
    $12
    Space
    Suite 320
    Size
    3,618 SF
    Rate per SF
    $12

    HighLights

    • Flexible lease terms allow for resizing within the building.
    • Secure underground parking and subsidized public parking are available.
    • High‑end finishes in suites and common areas are superior to market standards.
    • Building offers premium finishes at competitive rental rates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kone Inc Elevator Service Heritage Tool Co. Tool Store Administrative Hearings Office State Government Office Yakima Symphony Orchestra Orchestra Seventh Wave Massage Massage Therapist

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply 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
    -120.5039951
    Latitude
    46.603933

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    FAQs

    What type of property is this?
    Office space - Downtown Yakima Office Space Available
    Where is this office space located?
    The property is located at 32 3Rd St Yakima, WA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Flexible lease terms allow for resizing within the building.; Secure underground parking and subsidized public parking are available.; High-end finishes in suites and common areas are superior to market standards.
    Request Owner's contact information
    32 3Rd 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

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    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
    32 3Rd St Yakima, WA 98901
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