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1 S 12th Ave

Yakima, WA 98902
  • $525,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 24-474
UPDATED: 114 min ago
$525,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,840
    SQFT
  • $137
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2000

School Ratings & Info

Description

Attention savvy investors! Here's an unbeatable opportunity to secure a lucrative investment with a trusted long-term tenant in place. Presenting Yakima Automotive, a well-established automotive shop that has been a cornerstone of the community since the building's inception.With a solid lease agreement boasting 7 years remaining and a cap rate of 6.3%, this investment promises consistent returns with built-in annual increases. Yakima Automotive occupies a spacious facility featuring parking for 15 cars, equipped with 5 repair bays and a convenient office space on the main level.Upstairs, discover additional amenities including a small kitchen, a second bathroom, two generous storage rooms, and another office space. The tenant assumes responsibility for all utilities and insurance, making this investment hassle-free for you.Seize the opportunity to effortlessly add this gem to your investment portfolio and start collecting checks from day one. Reach out to your preferred agent today and capitalize on this remarkable commercial investment property before it's gone!

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© 2024 Yakima Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Yakima MLS© IDX Program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kate Soldano Group | Keller Williams Yakima Valley. Data last updated: 2024-04-24T23:48:42.183.
www.thekatesoldanogroup.com/homes/148619800
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1 S 12th Ave Yakima, WA 98902

  • Price: $525,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 114 min ago
  • MLS #: 24-474
0
Beds
0
Baths
0
½ Baths
0.12
Acres
3,840
SQFT
$137
$/SQFT
2000
Built
Neighborhood:
3A - Btwn S 1St/16Th
Area:
3A - Btwn S 1St/16Th
Property Description
Attention savvy investors! Here's an unbeatable opportunity to secure a lucrative investment with a trusted long-term tenant in place. Presenting Yakima Automotive, a well-established automotive shop that has been a cornerstone of the community since the building's inception.With a solid lease agreement boasting 7 years remaining and a cap rate of 6.3%, this investment promises consistent returns with built-in annual increases. Yakima Automotive occupies a spacious facility featuring parking for 15 cars, equipped with 5 repair bays and a convenient office space on the main level.Upstairs, discover additional amenities including a small kitchen, a second bathroom, two generous storage rooms, and another office space. The tenant assumes responsibility for all utilities and insurance, making this investment hassle-free for you.Seize the opportunity to effortlessly add this gem to your investment portfolio and start collecting checks from day one. Reach out to your preferred agent today and capitalize on this remarkable commercial investment property before it's gone!
Exterior Features

Construction Block Crops None Foundation Slab Irrigation No Lot Depth Feet 0.00 Lot Features Bus LineCornerCurbs/GuttersFenced - PartLevelPaved Road Lot Front Feet 0.00 Lot Size 0 - .25 Acres Outbuildings Storage Shed Roof Composition Siding Wood

Interior Features

Air Conditioning Central Air Basement None Floor Coverings Concrete Heating Forced Air

Property Features

Commercial Type Commercial Property List Price Description Total List Price Main Use Office Num Onsite Covered Parking 5 Num Onsite Unconvered Parking 15 Operating Expenses 0.00 Sewage System Connected Sq Ft Source County Assessor Tax Designation None Tax Year 2023 Taxes 2643.00 Terms CashCommercialConventionalSeller Finance Water Public Water Who Pays Common Area Tenant Who Pays Heat Ac Landlord Who Pays Maint Ext Walls Landlord Who Pays Maint Grounds Tenant Who Pays Maint Interior Tenant Who Pays Maint Roof Landlord Who Pays Maint Structure Landlord Who Pays Re Tax Tenant Who Pays Real Prop Ins Tenant Who Pays Utilities Tenant Zoning B1 - Prof Bus

Listing provided courtesy of Tyler Critchlow of Berkshire Hathaway HomeServices Central Washington Real Estate: (509) 966-3030.


© 2024 Yakima Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Yakima MLS© IDX Program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kate Soldano Group | Keller Williams Yakima Valley. Data last updated: 2024-04-24T23:48:42.183.
 
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The Kate Soldano Group | Keller Williams Yakima Valley
1017 S 40th Ave
Yakima WA, 98908