206 W Columbia Dr Kennewick, WA 99336
- Retail space
- 598 SF
- 0.10 lot acres
Current Use by Public Records
- OM Cars LLC / Car Dealer
- Tlm Petro Labor Force Inc / Employment Agency
- top line tires / Tire Shop
Property Details for 206 W Columbia Dr
- Year built
- 1946
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.10 lot acres
- Property size
- 598 SF
- Property type
- Retail space
- APN
- 136994110070000
- APU
- 136994110070000
Description
This exceptional 1,081 square foot office building, situated on bustling Columbia Drive in Downtown Kennewick, presents a rare opportunity. Built in 1946, this two-story, single-tenant property offers a unique blend of traditional office space and ample shop area, perfect for a variety of businesses. The building features a convenient restroom within the office space and boasts over fifteen parking stalls, ensuring ample parking for clients and employees. The property is zoned UMU and is offered with a three-year lease term at a monthly rent of $3,000. This modified gross lease includes utilities, excluding telecom expenses. The building's prominent location on Columbia Drive provides excellent visibility and accessibility, making it an ideal location to establish or expand a business. The combination of office space and shop area, along with the generous parking, makes this property a highly desirable investment. The convenient location in Downtown Kennewick offers easy access to local amenities and a thriving business community. Don't miss this chance to secure a well-located, versatile commercial space. Contact the listing office to schedule a viewing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $320,000
- 7%
- $315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $365,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $310,000
- Retail
- $315,000
- Mixed-Use
- $310,000
- Hospitality
- $320,000
- Educational
- $320,000
- Residential Income
- $355,000
- Energy
- $385,000
- Income-Based Land
- $325,000
- Food Service
- $320,000
Location Insight
- Map
- Local Demand
- City
- Kennewick
- County
- Benton
- State
- Washington
- Longitude
- -119.12
- Latitude
- 46.2124
- CBSA code
- 28420
- CBSA name
- KENNEWICK-RICHLAND-PASCO, WA METROPOLITAN STATISTICAL AREA
