504 N 40th Ave - Medical FOR SALE


Yakima, WA 98908
$2,800,000 USD
509-594-7989
504 N 40th Ave, Yakima, WA for Sale
$2,800,000 USD
Medical - FOR SALE
1/39
null | Request Cap Rate

504 N 40th Ave
Yakima, WA 98908


HIGHLIGHTS

  • Location: Prime investment in Yakima's North 40th Avenue district
  • Property: Family Medicine of Yakima Building, a prestigious 18,591 sq. ft. medical facility built in 1993.
  • Features: Versatile design with 27 exam rooms, private lab, 2 procedure rooms, 7 offices, breakroom, conference room, and gym.
  • Infrastructure: Fully sprinkled, metal roof, and potential for basement elevator.
  • Opportunity: Strategically situated on a 1.31-acre lot with 70 parking spaces, offering a turnkey solution for a healthcare investment

OVERVIEW

Presenting an exceptional investment opportunity ideal for an owner/user in the medical field. The 18,591 sq. ft. Family Medicine of Yakima Building is a nicely built out medical facility located in Yakima's North 40th the 2nd most travel street in Yakima. Situated on a 1.31-acre and zoned B-1 which allows for multiple uses. Plenty of parking with 70 designated parking space. The total square footage is 18,591 sq. ft., including 12,083 sq. ft. finished ground floor, 2,730 sq. ft. finished basement, and 3,778 sq. ft. unfinished basement. The space is optimized for healthcare, featuring 27 exam rooms, a private lab, 2 procedure rooms, 7 private offices, a breakroom, conference room, and a gym. Infrastructure highlights include a metal roof, fully sprinkled interior, and reserved space for a future basement elevator. This property is currently leased to MultiCare Hospital through March 2027.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.31 AC

LAND SF

57,063 SF

ZONING

B1

APN/PARCEL ID

181322-21450

ASK ABOUT THIS PROPERTY

Russ RobertsKeller Williams Yakima ValleyMore Info
509-594-7989

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

Russ RobertsKeller Williams Yakima ValleyMore Info
509-594-7989

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