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    Yakima, WA
    Medical Center

    Yakima, WA Medical Centers for Sale

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    Union Gap, WA Selah, WA Moxee, WA Naches, WA Wapato, WA Tieton, WA Harrah, WA Zillah, WA
    Built-Out Medical Office Building
    Updated: May 19
    Built-Out Medical Office Building

    504 N 40th Ave, Yakima, WA 98908

    $2,800,000
    13,762 sqft 1.13 AC lot
    18,591 sq. ft. built‑out medical facility leased to MultiCare Hospital through March 2027
    Includes 12,083 sq. ft. finished ground floor plus 2,730 sq. ft. finished basement and 3,778 sq. ft. unfinished basement
    27 exam rooms, private lab, 2 procedure rooms, 7 private offices, breakroom, conference room, and gym
    Zoned B‑1 on 1.31 acres, allowing multiple uses
    Metal roof and fully sprinkled interior; reserved space for a future basement elevator
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    This listing looks promising.

    Here's a quick look at some key insights for

    504 N 40th Ave, Yakima, WA 98908

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    • Est. Cap Rate

      5.2%
      NOI ÷ price

    • Est. NOI

      $147K
      Annual

    • Price @ 7% Cap

      $2.1M
      Suggested

    • Last Sold

      Mar 2015
      $1.32M

    • Property Type

      Medical Building
      Built 1993
    View Property Analytics
    Yakima Medical Facility For Sale
    Updated: May 20
    Yakima Medical Facility For Sale

    504 North 40th Avenue, Yakima, WA 98908

    Contact for pricing
    18,591 sqft 1.31 AC lot
    Leased to MultiCare Hospital through March 2027, providing immediate income.
    18,591 sq. ft. medical facility optimized for healthcare with 27 exam rooms, private lab, and procedure rooms.
    Located on Yakima's North 40th, the 2nd most traveled street in Yakima.
    Zoned B‑1, allowing for multiple uses beyond medical.
    Ample parking with 70 designated spaces.
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    Built-Out Family Medicine Facility
    Built-Out Family Medicine Facility

    504 N 40th Ave, Yakima, WA 98908

    Contact for pricing
    13,762 sqft 1.31 AC lot

    A fully sprinklered medical building with 27 exam rooms and 70 designated parking spaces, currently leased through March 2027.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Yakima, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Medical Center
    Freestanding Medical Center

    5820 Road 68, Pasco, WA 99301

    Contact for pricing
    11,500 sqft

    Newly built healthcare facility occupied by DaVita within Sandifur Crossing Shopping Center.

    View details
    Redevelopment Medical Clinic Site
    Redevelopment Medical Clinic Site

    6517 35TH, Seattle, WA 98126

    $999,800
    6,043 sqft

    Former medical clinic parcel with NC2P55 (M) zoning, suited for multi-unit low-rise residential or townhomes.

    View details
    Renovated Medical Office Building
    Renovated Medical Office Building

    510 Rainier Avenue S, Seattle, WA 98144

    $2,250,000

    Updated healthcare facility with flexible clinical areas, an elevator, separate access points, and an attached residential apartment.

    View details
    Two-Tenant NNN Property
    Two-Tenant NNN Property

    8823 Sandifur Pkwy, Pasco, WA 99301

    Contact for pricing

    Separate lease arrangements include a 10-year sale-leaseback term for Blylee’s Natural Pet Food & Supplies.

    View details

    Off-Market Properties in Yakima, WA

    Consider similar Off-Market properties in Yakima, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3802 Tieton Dr
    MEDICAL BUILDING

    3802 Tieton Dr, Yakima, WA 98902-3666

    $285,000
    Estimated value
    3,183 sqft 0.29 AC lot
    View details
    1015 40th Ave Ste, Unit 14
    MEDICAL BUILDING

    1015 40th Ave Ste, Yakima, WA 98908-3867

    Unit 14
    $490,000
    Estimated value
    2,100 sqft 0.05 AC lot
    View details
    1015 40th Ave, Unit 12
    MEDICAL BUILDING

    1015 40th Ave, Yakima, WA 98908-3806

    Unit 12
    $490,000
    Estimated value
    855 sqft 0.02 AC lot
    View details
    303 12th Ave
    MEDICAL BUILDING

    303 12th Ave, Yakima, WA 98902-3112

    $135,000
    Estimated value
    6,332 sqft 0.29 AC lot
    View details
    1015 40th Ave
    MEDICAL BUILDING

    1015 40th Ave, Yakima, WA 98908-3806

    $545,000
    Estimated value
    977 sqft 0.02 AC lot
    View details
    1015 40th Ave
    MEDICAL BUILDING

    1015 40th Ave, Yakima, WA 98908-3806

    $295,000
    Estimated value
    1,445 sqft 0.03 AC lot
    View details
    1111 Spruce St Ste, Unit 30
    MEDICAL BUILDING

    1111 Spruce St Ste, Yakima, WA 98902-3264

    Unit 30
    $145,000
    Estimated value
    1,981 sqft 0.05 AC lot
    View details
    1015 40th Ave
    MEDICAL BUILDING

    1015 40th Ave, Yakima, WA 98908-3806

    $110,000
    Estimated value
    750 sqft 0.02 AC lot
    View details
    11 11th Ave Ste, Unit 101
    MEDICAL BUILDING

    11 11th Ave Ste, Yakima, WA 98902-3085

    Unit 101
    $95,000
    Estimated value
    792 sqft 0.02 AC lot
    View details
    2906 Nob Hl Blvd
    MEDICAL BUILDING

    2906 Nob Hl Blvd, Yakima, WA 98902-4953

    $725,000
    Estimated value
    7,285 sqft 0.37 AC lot
    View details
    3808 Tieton Dr
    MEDICAL BUILDING

    3808 Tieton Dr, Yakima, WA 98902-3691

    $270,000
    Estimated value
    2,236 sqft 0.16 AC lot
    View details
    4205 Castlevale Rd
    MEDICAL BUILDING

    4205 Castlevale Rd, Yakima, WA 98908-5603

    $2,370,000
    Estimated value
    9,583 sqft 1.08 AC lot
    View details
    116 11th Ave
    MEDICAL BUILDING

    116 11th Ave, Yakima, WA 98902-3204

    $300,000
    Estimated value
    2,946 sqft 0.32 AC lot
    View details
    314 12th Ave Ste, Unit 2
    MEDICAL BUILDING

    314 12th Ave Ste, Yakima, WA 98902-3149

    Unit 2
    $95,000
    Estimated value
    660 sqft 0.06 AC lot
    View details
    314 12th Ave Ste, Unit 1
    MEDICAL BUILDING

    314 12th Ave Ste, Yakima, WA 98902-3149

    Unit 1
    $130,000
    Estimated value
    922 sqft 0.08 AC lot
    View details
    408 2nd St
    MEDICAL BUILDING

    408 2nd St, Yakima, WA 98901-2816

    $330,000
    Estimated value
    3,219 sqft 0.15 AC lot
    View details
    5 14th Ave
    MEDICAL BUILDING

    5 14th Ave, Yakima, WA 98902-3101

    $1,395,000
    Estimated value
    8,400 sqft 0.51 AC lot
    View details
    11 11th Ave Ste, Unit 108
    MEDICAL BUILDING

    11 11th Ave Ste, Yakima, WA 98902-3085

    Unit 108
    $350,000
    Estimated value
    744 sqft 0.02 AC lot
    View details
    11 11th Ave Ste, Unit 107
    MEDICAL BUILDING

    11 11th Ave Ste, Yakima, WA 98902-3085

    Unit 107
    $350,000
    Estimated value
    600 sqft 0.02 AC lot
    View details
    11 11th Ave Ste, Unit 104
    MEDICAL BUILDING

    11 11th Ave Ste, Yakima, WA 98902-3085

    Unit 104
    $550,000
    Estimated value
    761 sqft 0.03 AC lot
    View details
    11 11th Ave Ste, Unit 103
    MEDICAL BUILDING

    11 11th Ave Ste, Yakima, WA 98902-3085

    Unit 103
    $550,000
    Estimated value
    720 sqft 0.03 AC lot
    View details

    Yakima, WA Medical Centers Market Trends and Statistics

    Explore 72 medical centers for sale in Yakima, WA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 46,115 square feet of properties for sale, with an estimated market value of $2,800,000.

    Sale prices for medical buildings in Yakima, WA average $2,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical centers 3
    Rehabilitation centers 1
    Spa & wellness properties 1

    Demographics Overview

    Population 134K
    Population Growth (5Y) +8.2%
    Median Household Income $66,183
    College Educated 16.6%

    High-Yield Neighborhoods for Investment

    Identify Yakima submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98908 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 0.74%
    Property Tax per SF $11.93 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Yakima County

    New Delisted

    Total CRE Inventory on Market (SF)

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