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Property profile & analytics
OFF-MARKET
Retail space

221 Martin Luther King Jr Blvd Yakima, WA 98901-2344

34,614 SF 0.52 ac lot Built 1920
Entity Owned Free & Clear
Property ID
US90-1771159
Property summary
AI-generated overview

This exceptional opportunity presents a 42,201 square foot, three-story building located at 221 E Martin Luther King Jr Blvd in the heart of downtown Yakima, WA. Built in 1908, this historic structure boasts timeless charm and character, constructed of stone and brick with original stained-glass windows and a tile roof. Currently vacant, the property is zoned for commercial use and sits on a 0.52-acre lot (APN: 191319-22449). The expansive interior offers a multitude of possibilities. Features include ample space suitable for congregations or community gatherings, multiple large classrooms, private offices, a full commercial kitchen, a coffee shop, a theater area with a stage, and a full basement containing a workshop and a small apartment. Its prime downtown location provides easy access to Yakima's amenities. This property presents a unique opportunity for renovation and customization to suit a variety of needs, making it an ideal investment for those seeking a historic building with significant potential. The asking price is $1,400,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 34,614 SF
Lot 0.52 ac (22,651 SF)
Zoning code GC
APN 191319-22449
UPID US90-1771159
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
  • Sunrise Outreach Center Charitable Organization Social Service Agency
  • Yakima Vineyard Church
  • Ministerio Internacional Casa De Restauracion Church
  • Catalyst Coffee Cafe & Coffee Shop
  • SOC - Our Daily Bread - Food Distribution Center Food Bank Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Yakima Mlk One LLC
Yakima Mlk One LLC
since 2026
Last sale
$400,000
2 recorded transactions
2026
$400,000
2001
$450,000
Zoning & alternative use
GC · Yakima, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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