208 3Rd AveYakima, WA 98902

Property Details for 208 3Rd Ave

Year built

1940

Construction

WOOD

Lot size

0.49 AC

Property size (Sq ft)

5,400 SF

Zone code

CBD

Property type

Healthcare properties

Property subtype

Medical offices

APN

181324-12431

APU

18132412431

Description

This exceptional commercial property, located at 208 N 3rd Ave in Yakima, WA, presents a significant investment opportunity. Boasting a substantial 5,400 square feet of space, this general commercial building sits on a generous 0.48-acre lot, offering ample room for expansion, parking, or outdoor operations. The property's strategic location in Yakima provides excellent visibility and accessibility, making it ideal for a wide range of businesses. The asking price is $725,000, representing a compelling value for a property of this size and location within the Yakima market. The building's versatile layout allows for customization to suit diverse business needs, making it an attractive option for entrepreneurs and established companies alike. Its solid construction and ample space provide a strong foundation for future growth and success. The 0.48-acre lot offers significant potential for additional development or outdoor uses, further enhancing the property's overall value and appeal. Serious inquiries are encouraged to explore the possibilities this prime Yakima commercial property offers. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. This is a rare opportunity to acquire a substantial commercial property in a thriving Yakima location. Don't miss out on this chance to secure a valuable asset in a dynamic market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,060,293

  6.5%

  $978,732

  7%

  $908,822

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,376,485

  Geo Method

  $1,039,932

• Alternative Use

  Use

  Valuation

  Residential

  $1,213,627

  Hospitality

  $1,111,676

  Educational

  $924,901

  Medical

  $956,710

  Retail

  $1,438,736

Location Insight

City

Yakima

County

Yakima

State

Washington

Latitude

46.6036

Longitude

-120.514

CBSA code

49420

CBSA name

YAKIMA, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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