905 N 1st St - Restaurant FOR SALE


Yakima, WA 98901
$1,500,000 USD
509-966-3800
905 N 1st St, Yakima, WA for Sale
$1,500,000 USD
Restaurant - FOR SALE
1/21
null | Request Cap Rate

905 N 1st St
Yakima, WA 98901


HIGHLIGHTS

  • Offered at below market price. Property last sold in 2014 for $1.45M and is tax assessed at $1,624,050.
  • Located at a controlled intersection with access from both arterials and traffic counts exceeding 18,500 vpd.
  • Existing furniture, fixtures and equipment potentially available to purchase upon terms to be negotiated. Walk-in freezers included.
  • Quick interstate and highway access.
  • Oversized lot with approximately 124 parking stalls (15 stalls per 1,000SF).
  • Property will be delivered vacant as of closing.

OVERVIEW

THIS OFFERING is for the opportunity to purchase a prominent and highly recognizable full-service restaurant historically occupied by a nationally branded restaurant at a below market price. Located at a controlled corner intersection and fronting a major commercial arterial with over 18,500 vehicles per day passing by the property, the property benefits from an oversized 1.95-acre parcel with approximately 124 parking stalls and the well-maintained building includes seating capacity of approximately 269. Existing furniture, fixtures and equipment are potentially available to purchase upon terms to be negotiated. Walk-in freezers are included. Property will be delivered vacant as of closing. Do not disturb existing occupant.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$179 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

1991

SPRINKLERS

-

PARKING SPACES

124

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

C1

APN/PARCEL ID

181313-41403

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.