6494 Skagit AveKennewick, WA 99336

Property Details for 6494 Skagit Ave

Year built

2022

Lot size

0.70 AC

Property size (Sq ft)

4,203 SF

Property type

Turn key restaurants

APN

132991020001011

APU

132991020001011

Description

This vibrant 4,200 square foot retail plaza, built in 2022, offers multiple tenancy options in the heart of Kennewick's bustling Colonnade Shopping Center. Currently, 2,400 square feet of prime retail space is available, with individual suites ranging from 400 to 800 contiguous square feet, perfect for restaurants, wine bars, or other retail businesses. The property boasts a convenient walk-up window system, a shared indoor space with restrooms for year-round comfort, and ample on-site parking, complemented by convenient cross-street parking. Located at a high-traffic intersection of Kellogg St. and Canal Dr., this property benefits from exceptional visibility and accessibility. The 0.7-acre lot is zoned Commercial Regional, providing flexibility for a variety of uses. The modern building offers a unique urban outdoor setting, creating an attractive environment for both tenants and customers. This is an exceptional opportunity to establish a business in a thriving retail hub within Benton County. The property's design allows for tenant customization, ensuring a space perfectly tailored to individual business needs. Don't miss this chance to secure your place in this dynamic and successful retail center.

• CAP approach

  CAP return

  Valuation

  6%

  $967,685

  6.5%

  $893,248

  7%

  $829,444

• Comparable approach

  Method

  Valuation

  Relative Method

  $931,966

  Geo Method

  $931,966

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,728,320

  Mixed-Use / Specialty

  $895,558

  Hospitality / Lodging

  $664,195

  Office

  $895,960

  Institutional / Educational

  $932,983

  Residential Income

  $1,091,590

  Multifamily

  $1,278,740

  Automotive / Energy

  $799,699

  Parking / Income-Based Land

  $270,538

  Restaurant / Food Service

  $477,512

  Healthcare / Senior Housing

  $912,743

Location Insight

City

Kennewick

County

Benton

State

Washington

Latitude

46.2257

Longitude

-119.209

CBSA code

28420

CBSA name

KENNEWICK-RICHLAND-PASCO, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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