6494 Skagit AveKennewick, WA 99336

  • Retail properties
  • 4,203 SF
For Sale
$1,975,000 View listing

Property Details for 6494 Skagit Ave

Year built
2022
Lot size
0.70 AC
Property size (Sq ft)
4,203 SF
Property type
Retail properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,258,955
    6.5%
    $1,162,112
    7%
    $1,079,104
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,258,226
    Geo Method
    $2,258,226
  • Alternative Use

    Use
    Valuation
    Residential
    $980,285
    Hospitality
    $897,936
    Educational
    $747,072
    Medical
    $772,765
    Retail
    $1,162,112
6494 Skagit Ave, Kennewick, Washington

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

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
0
-
$276,590
$692,260
$968,850
-
$276,590
$692,260
$968,850

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].