31 N 4th Ave - Manufacturing FOR SALE


Yakima, WA 98902- Downtown Yakima
$2,895,000 USD
509-480-0733
31 N 4th Ave, Yakima, WA for Sale
$2,895,000 USD
Manufacturing - FOR SALE
1/17
null | Request Cap Rate

31 N 4th Ave
Yakima, WA 98902
Downtown Yakima


HIGHLIGHTS

  • New torch-down roof layer (in part)
  • Newly poured interior concrete floors (in part)
  • Full building sprinkler system
  • Fresh interior and exterior paint
  • Seven grade level roll-up doors
  • Strong ROI potential after stabilization and re-leasing period

OVERVIEW

THIS OFFERING is for the opportunity to purchase a 40,827SF warehouse property in Yakima’s Central Business District zoned CBD - this site allows for a broad range of commercial, light-industrial, flex, and retail uses. The property features a secured yard for parking, loading or materials storage and has undergone significant recent capital improvements under current ownership. Recent upgrades include a brand-new torch-down roof layer (in part), newly poured interior concrete flooring, a complete fire suppression system, asbestos remediation, fresh interior and exterior paint, and new interior drywall throughout portions of the building. Formerly home to Snyder’s Bread Company, the space has been thoughtfully improved and positioned well for adaptive reuse and stabilization. Ownership originally envisioned a mixed-use concept, leasing part of the building as traditional warehouse space while demising the remainder into retail, storage or flex spaces making it well suited for investors, owner-users, or developers seeking versatility in a growing market. Note: the building is mostly vacant with one tenant leasing 7,423SF.

FOR SALE DETAILS

PRICE

$2,895,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Franz Bakery

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Distribution, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

7

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.73

LAND SF

75,359

ZONING

CBD

APN/PARCEL ID

181324-14515

ASK ABOUT THIS PROPERTY

Nick MayerAlmon Commercial Real EstateMore Info
509-480-0733

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Nick MayerAlmon Commercial Real EstateMore Info
509-480-0733

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