327 Edison AveSunnyside, WA 98944

  • Retail space
  • 10,140 SF
For Sale
$595,000 View listing

Property Details for 327 Edison Ave

Year built
1975
Construction
WOOD
Lot size
0.89 AC
Property size (Sq ft)
10,140 SF
Zone code
R1
Property type
Retail space
APN
221025-32491
APU
22102532491

Description

This exceptional commercial property, located at 327 E Edison Ave in Sunnyside, WA, presents a unique investment opportunity. Boasting a substantial 10,140 square feet of space, this general commercial building sits on a generous 0.89-acre lot, offering ample room for expansion, parking, or outdoor operations. The property's versatile layout is ideal for a variety of businesses, providing significant potential for customization and adaptation to suit specific operational needs. Its strategic location in Sunnyside ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving community. The asking price of $595,000 represents a compelling value for a property of this size and potential. The substantial square footage and expansive lot size provide significant flexibility for future development or expansion, allowing for growth and adaptation to evolving business requirements. This property is well-suited for a range of commercial uses, making it an attractive investment for both established businesses and entrepreneurs looking to establish a strong foothold in the Sunnyside market. The property's location offers excellent access to transportation routes and local amenities, further enhancing its appeal and potential for success. Serious inquiries are encouraged to explore the full potential of this remarkable commercial property. Don't miss this chance to acquire a significant asset in a dynamic and growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,926,761
    6.5%
    $2,701,626
    7%
    $2,508,652
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,513,526
    Geo Method
    $5,448,112
  • Alternative Use

    Use
    Valuation
    Residential
    $2,278,922
    Hospitality
    $2,087,480
    Educational
    $1,736,759
    Medical
    $1,796,489
    Retail
    $2,701,626

Location Insight

City
Sunnyside
County
Yakima
State
Washington
Latitude
46.3235
Longitude
-120.016
CBSA code
49420
CBSA name
YAKIMA, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
-
$151,200
$476,900
$628,100
-
$151,200
$476,900
$628,100

FAQs

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