905 S 2nd Ave - Retail FOR SALE


Walla Walla, WA 99362
$2,795,000 USD
509-521-9183
905 S 2nd Ave, Walla Walla, WA for Sale
$2,795,000 USD
Retail - FOR SALE
1/8
null | Request Cap Rate

905 S 2nd Ave
Walla Walla, WA 99362


OVERVIEW

This property is located in a well-established part of the Walla Walla community with neighborhood business located in the complex.   5,104 SF of this shopping center is leased to two long-term tenants, and 2,035 SF to short-term tenants, providing day one revenue.   The remaining complex offers 24,322 SF of vacant space currently demised into 3 spaces for a combination of owner occupied and/or tenant spaces.   Historically this shopping center has been anchored by a long-term grocery store tenant who has chosen to retire.   This property is ready for the next generation of ownership to create a viable real estate income investment.

FOR SALE DETAILS

PRICE

$2,795,000 USD

PRICE/SF

$85 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Southgate Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.94 AC

LAND SF

128,066 SF

ZONING

Highway Commercial

APN/PARCEL ID

360729420121

ASK ABOUT THIS PROPERTY

Kirt ShafferTippett Company LLCMore Info
509-521-9183

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Kirt ShafferTippett Company LLCMore Info
509-521-9183

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