208 3rd Ave Yakima, WA 98902-2632
This exceptional commercial property, located at 208 N 3rd Ave in Yakima, WA, presents a significant investment opportunity. Boasting a substantial 5,400 square feet of space, this general commercial building sits on a generous 0.48-acre lot, offering ample room for expansion, parking, or outdoor operations. The property's strategic location in Yakima provides excellent visibility and accessibility, making it ideal for a wide range of businesses. The asking price is $725,000, representing a compelling value for a property of this size and location within the Yakima market. The building's versatile layout allows for customization to suit diverse business needs, making it an attractive option for entrepreneurs and established companies alike. Its solid construction and ample space provide a strong foundation for future growth and success. The 0.48-acre lot offers significant potential for additional development or outdoor uses, further enhancing the property's overall value and appeal. Serious inquiries are encouraged to explore the possibilities this prime Yakima commercial property offers. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. This is a rare opportunity to acquire a substantial commercial property in a thriving Yakima location. Don't miss out on this chance to secure a valuable asset in a dynamic market.
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The purpose of the central business district is to preserve the business district of the city of Yakima as the regions center of commerce, finance, government, industry, recreation, and culture.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CBD · Yakima, WAThe purpose of the central business district is to preserve the business district of the city of Yakima as the regions center of commerce, finance, government, industry, recreation, and culture.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.