310 Larch St, Bingen, WA 98605-8908

Exceptional investment opportunity: This 30,000 square foot flex/warehouse building in Cook, Washington, presents a compelling 8% cap rate. Located at 310 South Larch Street, this Class B industrial property boasts a desirable location within the Bingen Point Business Park in the scenic Columbia River Gorge. Built in 2013 and renovated in 2017, the two-story building sits on a 2.25-acre lot (APN: 0311320000070) and features a 16-foot ceiling height. The property is currently occupied by Zepher, a local engineering and manufacturing company, under a sale-leaseback agreement to be finalized at closing, ensuring immediate cash flow. This ideal manufacturing facility includes 480v 3-phase power, convenient dock and grade-level loading, ample parking, and high-quality office space. The property benefits from its proximity to other established businesses in the park, including Insitu, Kerrits, and Custom Interface Inc. The land is leased from the Port of Klickitat, offering a secure and advantageous long-term investment. The asking price is $4,250,000 ($141.67/SF) with a triple net (NNN) lease. This single-tenant property offers a stable and lucrative investment opportunity in a prime location. The permitted zoning is Industrial.