1406 N 1st St - Restaurant FOR SALE


Yakima, WA 98901
$550,000 USD
509-966-3800
1406 N 1st St, Yakima, WA for Sale
$550,000 USD
Restaurant - FOR SALE
1/16
null | Request Cap Rate

1406 N 1st St
Yakima, WA 98901


HIGHLIGHTS

  • Offered at a below market price and being sold as-is. Property last sold for $660,000 in August of 2022 and is tax assessed at $719,050.
  • Recent survey, as-built floor plan and a complete set of plans to convert the building to medical space are included at no additional expense.
  • Furniture, fixtures, kitchen equipment and walk-in cooler are included, however, seller makes no representations or warranties about their condition.
  • Quick interstate and freeway access with traffic counts of approximately 22,890 vehicles per day passing by.
  • Oversized lot with parking that exceeds municipal requirements.
  • Access from three arterials.

OVERVIEW

THIS OFFERING is for the opportunity to purchase a full-service restaurant that might also be converted to other traditional retail, office or medical uses at a below market price. Located with significant frontage along N 1st St with approximately 22,890 vehicles per day passing by, the property benefits by access from three arterials and an oversized lot with plentiful parking that exceeds municipal requirements. The existing furniture, fixtures, kitchen equipment and walk-in cooler are included, however, seller makes no representations or warranties about their condition. Included with the purchase are a recent survey, an as-built floor plan and complete set of plans to convert the building to medical space.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

GC

APN/PARCEL ID

181313-11491

ASK ABOUT THIS PROPERTY

Bill AlmonAlmon Commercial Real EstateMore Info
509-966-3800

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Bill AlmonAlmon Commercial Real EstateMore Info
509-966-3800

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