1118-1120-1122 Meade Ave - Retail FOR SALE


Prosser, WA 99350 | 
$750,000 USD
509-946-1188
1118-1120-1122 Meade Ave, Prosser, WA for Sale
$750,000 USD
Retail - FOR SALE
1/24
null | 5.9% Cap Rate

1118-1120-1122 Meade Ave
Prosser, WA 99350


HIGHLIGHTS

  • 100% leased: four operating businesses provide income from day one.
  • Three contiguous parcels in one offering: a rare downtown assemblage, sold together.
  • Diverse tenant mix: a brewery and taproom, a coffee shop with drive-thru, a specialty fabric retailer and a national staffing firm.
  • Historic brick character: exposed-brick interiors and classic storefront glass, from 1915 and c. 1946 construction
  • Two tenants on active leases: the coffee shop's term runs through 2030 and the fabric store's through 2028, each with a renewal option
  • Heart of Washington wine country: walkable to tasting rooms, restaurants and the county courthouse in the Benton County seat, minutes from I-82.

OVERVIEW

Fully occupied retail investment in the heart of historic downtown Prosser. Three parcels sold together: 10,750 SF of ground-floor retail in two classic brick buildings (circa 1915 and 1946), plus an adjacent 3,500 SF parking lot. Multi-tenant investment property with established rental income and potential for additional income growth — clear upside for an investor, or flexibility for an owner-user wanting a downtown presence. Drive-thru at 1120 Meade, 567 SF canopy, basement storage, and flexible Commercial Downtown zoning suited to retail, office, restaurant, or tasting room. Excellent storefront visibility among Prosser's established restaurants and wineries. Minutes from I-82. Buyer to verify all information. Contact agent with questions.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$46 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Meade Avenue Retail Block

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial - Downtown

APN/PARCEL ID

1-0284-403-0065-019,1-0284-403-0065-020,1-0284-403-0065-021

ASK ABOUT THIS PROPERTY

Angela MathesonWindermere Group One/ Tri CitiesMore Info
509-946-1188

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Angela MathesonWindermere Group One/ Tri CitiesMore Info
509-946-1188

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