14 5Th Ave, Yakima, WA 98902
16,724 SF | Retail Building | Yakima, WA 98902 | $1,840,000 ($110/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,840,000
- Property Type
-
Retail
- Square Feet
- 16,724 SF
- Price / Square Foot
- $110
Listing Contacts
Bill Almon Jr
Verified Profile
- Property Info
Property Overview
THIS OFFERING is for the opportunity to purchase a mix-box retail building in downtown Yakima. Historically occupied by URM as a Cash and Carry grocery store, the property has undergone a significant repurposing that includes, but is not limited to, a new façade, significant storefront glass and doors, new roof, new HVAC, new parking lot and sidewalk and updated electrical.
The interior is currently between gray and vanilla shell condition with exterior walls furred and ready for electrical and sheet rock, HVAC units installed, trenching for plumbing, some interior demising walls framed and the majority of the ceiling painted black. The work remaining to get to vanilla shell consists of finishing the perimeter walls including electrical, installing suspended ceilings (if any), lighting and restrooms.
Located just one parcel south of Yakima Ave, this is the only currently available retail building this size within the downtown core area and it benefits from excellent access, strong traffic counts and exposure from three arterials.
The interior is currently between gray and vanilla shell condition with exterior walls furred and ready for electrical and sheet rock, HVAC units installed, trenching for plumbing, some interior demising walls framed and the majority of the ceiling painted black. The work remaining to get to vanilla shell consists of finishing the perimeter walls including electrical, installing suspended ceilings (if any), lighting and restrooms.
Located just one parcel south of Yakima Ave, this is the only currently available retail building this size within the downtown core area and it benefits from excellent access, strong traffic counts and exposure from three arterials.
Property Details
- Class
- B
- Year Built
- 1950
- Stories
- 1
- Property Subtype
- Freestanding, Office Live/Work Unit
- Lot Size (sq. ft)
- 36,590 SF
Highlights
- Property has recently undergone a massive repurposing that includes a new façade, HVAC units, roof, storefront glass, parking lot and electrical.
- Visibility and strong presence from each of S 5th Ave, Chestnut Ave and W Yakima Ave (with access from both S 5th Ave and Chestnut Ave).
- Traffic counts in excess of 12,050 vehicles per day passing by along S 5th Ave and 16,450 vehicles per day on nearby W Yakima Ave.
- 39 dedicated parking stalls plus approximately 12 on street stalls.
- 36.5 tons of new HVAC recently installed.
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