411-413 N 2nd St
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411-413 N 2nd St
4,280 SF Office Building Yakima, WA 98901 $419,440 ($98/SF)
Investment Highlights
- Difficult to find smaller office building to purchase.
- Asking price is based upon approximately $115/SF attributable to the main floor and approximately $81/SF attributable to the lower level.
- Party wall agreement in place with adjacent building.
- Floor plan consists of a reception area, 7 private offices, 2 conference rooms, bullpen areas and a full kitchen.
- Includes approximately 8 dedicated parking stalls plus on-street parking.
Executive Summary
THIS OFFERING is for the opportunity to purchase a small downtown office building that’s comprised of approximately 2,140SF on the main level plus a full finished basement.
Historically owned and occupied by a law firm, the main level has been nicely updated and includes a strong floor plan consisting of a reception area, 4 large private offices and a conference room, while the lower level includes a bullpen area, 3 offices, a conference room and a full kitchen.
While the blended price per square foot of improvement is approximately $98/SF, the offered price is based upon approximately $115/SF attributable to the main floor and approximately $81/SF attributable to the lower level.
Historically owned and occupied by a law firm, the main level has been nicely updated and includes a strong floor plan consisting of a reception area, 4 large private offices and a conference room, while the lower level includes a bullpen area, 3 offices, a conference room and a full kitchen.
While the blended price per square foot of improvement is approximately $98/SF, the offered price is based upon approximately $115/SF attributable to the main floor and approximately $81/SF attributable to the lower level.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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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
Office
Building Size
4,280 SF
Building Class
C
Year Built
1980
Price
$419,440
Price Per SF
$98
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,280 SF
Building FAR
0.61
Land Acres
0.16 AC
Opportunity Zone
Yes
Zoning
B1
Parking
8 Spaces (1.87 Spaces per 1,000 SF Leased)
1 of 1
Walk Score ®
Very Walkable (87)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $450,900 (2023) | |
| Land Assessment | $96,400 (2023) | Total Assessment | $547,300 (2023) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$96,400 (2023)
Improvements Assessment
$450,900 (2023)
Total Assessment
$547,300 (2023)
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Bill Almon Jr -
Almon Commercial Real Estate
(509) 966-3800
x104
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411-413 N 2nd St
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