8836 W Gage Blvd - Office CONDO FOR SALE


Kennewick, WA 99336
$4,599,000 USD
509-786-9456
8836 W Gage Blvd, Kennewick, WA for Sale
$4,599,000 USD
Office CONDO - FOR SALE
1/31
null | 5.22% Cap Rate

8836 W Gage Blvd
Kennewick, WA 99336


HIGHLIGHTS

  • Located along West Gage Boulevard near Steptoe Street.
  • Interior renovations were completed in 2019.
  • Occupied by a long-term tenant for more than 26 years,
  • Situated within an established professional business corridor.
  • Reception areas support client-facing operations.

OVERVIEW

Exceptional commercial investment opportunity located on a prime, high-traffic corridor in Kennewick. Positioned conveniently near the cross street of Steptoe Street and West Gage Boulevard, this two-story office condominium property features Suites 101B and 201B, totaling 14,334 square feet of functional office space. Key Highlights - Established Tenant History: Stable asset with a long-term tenant occupying the building for over 26 years. Modernized Workspaces- Thoroughly updated in 2019 with updated flooring, fresh paint, new carpet tiles, refreshed trim, a modernized reception area, and updated main-floor bathrooms. Flexible Functional Layout -Designed for large-scale operations, featuring a spacious training room, two dedicated conference rooms, and multiple private office spaces. Building Specs & Features - Durable stucco and wood frame construction with a metal roof, central air/heat pump system, vinyl windows, timed underground sprinklers, and full fire suppression. Ample Parking & Accessibility - Dedicated parking lot offering 25+ spaces (41–50space capacity), sidewalk/street light infrastructure, and public sewer/water utilities.

FOR SALE DETAILS

PRICE

$4,599,000 USD

PRICE/SF

$321 USD /SF

CAP RATE

5.22%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gage Business Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

14,334 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

98

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

Commercial

APN/PARCEL ID

130993080002000,130993080005000

ASK ABOUT THIS PROPERTY

Travis DavisColdwell Banker TomlinsonMore Info
509-786-9456

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Travis DavisColdwell Banker TomlinsonMore Info
509-786-9456

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