2001 Lincoln AveYakima, WA 98902

Property Details for 2001 Lincoln Ave

Year built

1994

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.98 AC

Property size (Sq ft)

19,570 SF

Zone code

SCC

Property type

Retail space

APN

181323-12013

APU

18132312013

Description

This exceptional Yakima commercial property, located at 2001 W Lincoln Ave, offers a unique opportunity for sale, lease, or lease-option. Boasting a prime corner location at Lincoln and 20th Ave, this single-tenant building benefits from high visibility and significant traffic, with approximately 12,000 cars passing daily. The property features 20,848 square feet across one story, including a spacious 10,000 square foot main floor ideal for retail or open office space. This area also includes three smaller offices, three larger offices, a workroom, a breakroom, and two ADA-compliant restrooms. A finished basement of approximately 76x70 feet provides ample storage, enhanced by two grade-level loading docks. The building features a new roof and HVAC system, along with 25 parking spaces and an elevator servicing both floors. The property sits on 0.98 acres and is zoned SCC. Built in 1994, this Class B building presents a compelling investment opportunity with seller financing available. The building's prominent location offers excellent monument signage opportunities. The basement offers additional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $5,648,591

  6.5%

  $5,214,084

  7%

  $4,841,650

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,570,977

  Geo Method

  $9,497,352

• Alternative Use

  Use

  Valuation

  Residential

  $4,398,275

  Hospitality

  $4,028,796

  Educational

  $3,351,911

  Medical

  $3,467,188

  Retail

  $5,214,084

Location Insight

City

Yakima

County

Yakima

State

Washington

Latitude

46.604

Longitude

-120.536

CBSA code

49420

CBSA name

YAKIMA, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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