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1608 S 24th Ave
Yakima, WA 98902 Yakima

$2,000,000 USD

Movie Radio TVStudio For Sale • 15,100 SF

Property Details

Property Type Movie Radio TVStudio
Total Building Size 14,456 SF
Lot Size 2.66 AC
Building Class B
Year Built 1971
Tenancy Single
Zoning B-1

30 Transit Score

22 Walk Score

                
                    Highlights
                
                                Offered price based upon an 8 cap of the NOI from the PT clinic and cell tower leases, $92/SF to the vacant area and $10/SF to the excess land.
                            
                                RPM has been in the building since approximately 2014 and entered into a new 5-year lease earlier this year.
                            
                                RPM is responsible for 100% of the common area maintenance costs, including taxes and insurance, despite occupying approximately 82% of the building. 
                            
                                Landlord is responsible for structural repairs, plus maintenance and repairs to exterior walls, roof, windows, doors and HVAC.  
                            
                                Cell tower lease has been in place since April of 2004.  
                            
                                Excess land area is estimated to consist of approximately 30,000SF.  Seller will entertain selling the land separately at $10/SF.

Property Flyers

Flyer - 1608 S 24th Ave

Public Transportation

Airport	Drive	Walk	Distance
Yakima Air Trml/McAllister Field	2 min	-	0.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Bill Almon 509-966-3800 Almon Commercial Real Estate

1608 S 24th Ave Yakima, WA 98902 Yakima