518 E 1st Ave - Industrial FOR SALE


Kennewick, WA 99336
$695,000 USD
509-430-8986
518 E 1st Ave, Kennewick, WA for Sale
$695,000 USD
Industrial - FOR SALE
1/11
null | Request Cap Rate

518 E 1st Ave
Kennewick, WA 99336


OVERVIEW

Industrial property For Sale in Kennewick WA. Property consists of 3 separate condo buildings on 2.06 acres. 518 W 1st has two dock high doors and is a total of 6100 square feet. Space is mostly warehouse but has some office as well. Building just had a new roof put on. Current tenant will be vacating so an owner user can purchase the building. Building faces 1st Ave and has a storefront entrance. The property is in close proximity to freeways and other amenities. Priced at $695,000 514 W 1st is 7,221 square feet and has a mix of office with mostly warehouse, building also faces 1st Ave. Building has a newer roof and is in overall good condition. Building has two grade level truck doors. There is a tenant in place with less than a year left on the current lease. Building would be a great owner user opportunity. Priced at $870,000 516 W 1st is the larger of the three buildings at 26,322 square feet. Rent roll is attached for this building. Most of the tenants have been there for years and are below market rent. Great upside potential with this one. Mix of dock high and grade level doors. Priced at $1,680,000

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$114 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.06

LAND SF

89,734

ZONING

-

APN/PARCEL ID

106802090004001

ASK ABOUT THIS PROPERTY

Scott SautellSVN | Retter & CompanyMore Info
509-430-8986

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Scott SautellSVN | Retter & CompanyMore Info
509-430-8986

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