Property profile

224 Washington St Kennewick, WA 99336

OFF-MARKET
Retail properties & Spaces
3,328 SF 0.4 ac lot Built 1953
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Property summary

AI-generated overview

This 3,328 square foot storefront, located at 224 N Washington St, Kennewick, WA 99336, presents a compelling investment opportunity. Built in 1953, this property boasts a convenient location in the heart of downtown Kennewick's growing commercial district, offering excellent street exposure and high traffic counts. Its strategic position provides easy access to Highway 395, ensuring high visibility and accessibility for customers. The building features a clear span layout, maximizing usable space, and includes a restroom and a rear truck door for efficient loading and unloading of goods. The property sits on a 0.4-acre lot and is zoned UMU. With an asking price of $495,000, the price per square foot is $148.74. The Assessor's Parcel Number (APN) is 106802030001018. This retail condo is ideal for a variety of businesses seeking a prominent location in a thriving area. Its combination of size, location, and functional features makes it an attractive option for entrepreneurs and investors alike. The property's strong fundamentals and prime location within a growing downtown area promise significant return on investment. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1953
Total area 3,328 SF
Lot 0.4 ac (17,424 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Appliance Store Hardware & Home Improvement

Location

224 Washington St Kennewick, WA 99336
Kennewick metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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