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24 S 1st St
Yakima, WA 98901 Downtown Yakima

$695,000 USD

Freestanding For Sale  •  19,019 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 31,500 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 1910
  • Tenancy Single
  • Zoning CBD
34 Transit Score
88 Walk Score

Highlights

Asking price based upon a 9 cap of the scheduled NOI from the Buddy’s Home Furnishing’s lease plus $58,000 attributable to the vacant upper floors.
Tenant is paying $5,900/month with lease expiring 12/31/26 with one 5-year renewal option. Landlord pays property taxes and insurance.
Upper floors provide redevelopment potential (perhaps best converted to multi-family) at a steeply discounted price.
Located at a controlled intersection in the heart of downtown with traffic counts in excess of 27,700 vehicles per day passing by.
Significant pylon sign.

Property Flyers

Amenities

  • Bus Line
  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
Yakima Air Trml/McAllister Field 10 min - 3.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 19
Type: Surface
Included in Rent: Yes
Bill Almon 509-966-3800 Almon Commercial Real Estate
Bill Almon 509-966-3800 Almon Commercial Real Estate