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Property profile & analytics
OFF-MARKET
Banks

213 12th Ave Yakima, WA 98902-3110

2,609 SF 0.78 ac lot Built 1935
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US90-0574463
Property summary
AI-generated overview

This exceptional 1,050-square-foot office space is available for lease in Yakima's vibrant Central Business District (CBD). Located on the second floor of a two-story building situated on a 7.8-acre lot (APN 181324-34037), this single-tenant space offers a unique blend of classic charm and modern functionality. Originally a residence, the space has been thoughtfully converted into a professional office environment, boasting four individual offices, each providing ample workspace. The property also provides access to a shared conference room, a striking feature highlighted by high vaulted ceilings and a welcoming fireplace. Original hardwood floors and rich mahogany trim throughout add to the space's sophisticated ambiance. The lease is offered as a full-service gross lease, encompassing all utilities. Tenants are responsible for their own phone and data services, as well as interior maintenance. For those seeking a triple-net lease structure, the annual cost equates to approximately $12 per square foot. The total building size is 3,659 square feet, with the available space representing a significant portion. This property presents a rare opportunity to secure a well-maintained, historically significant office space in a prime Yakima location. The address is 213 S 12th Ave, Yakima, WA 98902. The zoning designation is CBD.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1935
Construction WOOD FRAME
Total area 2,609 SF
Lot 0.78 ac (33,977 SF)
Zoning code B1
APN 181324-34037
UPID US90-0574463
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Yakima CPA Group, PLLC Accounting Firm
  • Stratton Ballew PLLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Yakima Cpa Group LLC · 4 yrs held
Yakima Cpa Group LLC
since 2022
Last sale
$555,000
7 recorded transactions
2022
Price N/A
2022
Price N/A
2021
$555,000
2018
Price N/A
2018
Price N/A
2011
$460,000
1998
$350,400
Zoning & alternative use
B1 · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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