108 W Fremont Ave - Bank FOR SALE


Selah, WA 98942
$575,000 USD
509-969-8747
108 W Fremont Ave, Selah, WA for Sale
$575,000 USD
Bank - FOR SALE
1/19
null | 7.31% Cap Rate

108 W Fremont Ave
Selah, WA 98942


HIGHLIGHTS

  • Two-Tenant Investment Property
  • NNN Lease Structures
  • Established Income-Producing Tenancy
  • Limited Comparable Investment Inventory in the Selah Market
  • Stabilized Investment Opportunity with Existing Cash Flow

OVERVIEW

Excellent opportunity to acquire a well-positioned, two-tenant commercial investment property in the heart of Selah, Washington. Located at 108 W Fremont Avenue, the property was substantially remodeled in 2021 and offers an attractive, updated appearance along with established tenants and NNN lease structures. The combination of quality improvements, existing income, and a convenient central location creates a compelling investment opportunity at an offering price of $575,000. Strategically located just off Selah’s primary commercial corridor, the property benefits from excellent accessibility and close proximity to downtown businesses, residential neighborhoods, and the greater Yakima market. With two income-producing tenants and limited comparable investment inventory available in Selah, 108 W Fremont offers investors an opportunity to acquire a stabilized commercial asset in an established and growing Yakima Valley community.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

7.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

B1

APN/PARCEL ID

181435-41420

ASK ABOUT THIS PROPERTY

Chris SentzAlmon Commercial Real EstateMore Info
509-969-8747

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Chris SentzAlmon Commercial Real EstateMore Info
509-969-8747

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.