306 S 1st St
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306 S 1st St
2,906 SF Retail Building Yakima, WA 98901 $653,850 ($225/SF)
Investment Highlights
- Massive pylon sign included that can’t be replicated by today’s municipal code.
- Dominant exposure from S 1st St, downtown Yakima’s primary north/south commercial arterial.
- Access from both S 1st St and via public alley to both Spruce St and Pine St.
- Approximately 18 dedicated parking stalls plus room for outdoor seating.
- Hood, walk-in cooler, sinks and ice machine are included.
Executive Summary
THIS OFFERING is for the opportunity to purchase a freestanding quick service restaurant with a drive through.
Prominently located in downtown Yakima and fronting S 1st St with in excess of 18,000 vehicles per day passing by, the building was originally constructed for and was historically occupied by Kempers.
Hood, walk-in cooler, sinks and ice machine are to remain with the building. All other equipment and fixtures are being removed by the existing tenant.
Prominently located in downtown Yakima and fronting S 1st St with in excess of 18,000 vehicles per day passing by, the building was originally constructed for and was historically occupied by Kempers.
Hood, walk-in cooler, sinks and ice machine are to remain with the building. All other equipment and fixtures are being removed by the existing tenant.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,906 SF
Building Class
C
Year Built
1975
Price
$653,850
Price Per SF
$225
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
GC
Parking
18 Spaces (6.19 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (77)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 191319-32419 | Improvements Assessment | $172,500 (2023) |
| Land Assessment | $182,650 (2023) | Total Assessment | $355,150 (2023) |
PROPERTY TAXES
Parcel Number
191319-32419
Land Assessment
$182,650 (2023)
Improvements Assessment
$172,500 (2023)
Total Assessment
$355,150 (2023)
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306 S 1st St
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