205 40Th AveYakima, WA 98908

Property Details for 205 40Th Ave

Year built

1986

Construction

WOOD

Lot size

0.36 AC

Property size (Sq ft)

13,112 SF

Zone code

SCC

Property type

Office buildings

APN

181322-13435

APU

18132213435

Description

This exceptional Yakima, WA office building, located at 205 N 40th Ave, presents a unique leasing opportunity. Originally constructed in 1986 and extensively renovated in 2024, this Class B property boasts 12,405 square feet across two stories, situated on a 1.07-acre lot (APN: 182322-13435, 13465, 13434). The building is zoned SCC and features multiple tenancy options, with spaces ranging from 2,300 to 5,645 contiguous square feet available. Amenities include elevators and ample parking with convenient north and south access points, including a double drive-thru, ideal for high traffic flow. The property benefits from a high-visibility corner location on a major thoroughfare, experiencing over 50,000 vehicles daily, providing excellent exposure and accessibility. Its adaptable design, suitable for both traditional and creative office uses, makes it an attractive option for a variety of businesses. This prime location offers easy access to numerous shops and services, creating a convenient and desirable work environment. Don't miss this chance to secure your business's future in this thriving Yakima location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,574,548

  6.5%

  $2,376,506

  7%

  $2,206,755

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,342,309

  Geo Method

  $2,525,109

• Alternative Use

  Use

  Valuation

  Residential

  $2,946,867

  Hospitality

  $2,699,314

  Educational

  $2,245,798

  Medical

  $2,323,034

  Retail

  $3,493,463

Location Insight

City

Yakima

County

Yakima

State

Washington

Latitude

46.6004

Longitude

-120.562

CBSA code

49420

CBSA name

YAKIMA, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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