607 5Th StProsser, WA 99350

Invest in the PIL Building, a single-story, 8,850 square foot traditional office building located at 607 5th St, Prosser, WA 99350. This fee-simple property, built in 1949, sits on a 0.344-acre lot and is zoned for general commercial use. Currently vacant, this Class C building offers a unique opportunity for owner-occupancy. The asking price is $1,400,000, representing a 5.60% cap rate and a pro-forma cap rate of 6.30%. The property boasts a Net Operating Income (NOI) of $78,533, with a pro-forma NOI of $88,181. The building features approximately 4,420 square feet of office space and a substantial 4,430 square foot warehouse area with 12-foot ceilings, three grade-level doors, and an interior loading area. Additional features include ample parking (11 spaces), two conference rooms, several private offices, and a secure vault room. This versatile property is ideal for a variety of uses and offers excellent visibility. The property's location in Prosser, Benton County, Washington provides easy access to key transportation routes. The gross lease type and 11 parking spaces add to the property's appeal. The APN is 102844030066013.