Property profile

5 Front St Yakima, WA 98901

OFF-MARKET
Restaurants
13,200 SF 1.5 ac lot
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Property summary

AI-generated overview

This exceptional restaurant opportunity is located in the heart of Yakima's Central Business District (CBD), at 5 N Front St, on the corner of Yakima Ave and First Street. The 13,200 square foot building sits on 1.5 acres of land and is zoned for CBD use. Currently, 5,000 square feet of prime restaurant space is available within the iconic Lund Building. This space boasts a large prep area, walk-in cooler, spacious commercial kitchen, and a fully functional hood system, making it ideal for a variety of restaurant concepts. The building's prominent location on Yakima Avenue ensures high visibility and significant foot traffic, with over 30,000 cars passing daily. Its proximity to other popular establishments such as Cowichee Canyon Bar and Grill, 2nd Street Bar and Grill, McDonald's, Olive Garden, The Capital Theatre, the Farmers Market, and the Downtown Summer Nights venue, further enhances its appeal. The space previously housed the Greystone Restaurant for approximately 20 years and more recently, Norm's Restaurant. The property's APN is 191319-23400, and it's located in Yakima County, WA, zip code 98901. This is a rare chance to secure a well-established restaurant space in a thriving downtown area.

Property profile

Verified
Property type Restaurants
Total area 13,200 SF
Lot 1.5 ac (65,340 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
  • Tour Operator
  • Cafe & Coffee Shop

Location

5 Front St Yakima, WA 98901
Yakima 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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