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211 S Chestnut St

Toppenish, WA 98948
  • $350,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 24-1253
New On Site 5 Days Ago
UPDATED: 61 min ago
$350,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,395
    SQFT
  • $80
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1974

School Ratings & Info

Description

THIS OFFERING is for the opportunity to purchase a well-located multi-tenant retail building in the heart of downtown Toppenish at a below market price. While currently fully occupied, Papa Murphy's is relocating to a larger building, making the property ideal for an owner/user interested in occupying their approximately 1,184SF space and benefiting from passive income from the remaining leases.Rents are below market leaving future upside to capitalize on, as the average annualized rate is approximately $8.46/SF, modified gross, including Papa Murphy's, or approximately $6.91/SF attributable to the remaining spaces.

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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: 2024-06-12T23:48:42.56.
www.thekatesoldanogroup.com/homes/151451324
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211 S Chestnut St Toppenish, WA 98948

  • Price: $350,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 61 min ago
  • MLS #: 24-1253
0
Beds
0
Baths
0
½ Baths
0.16
Acres
4,395
SQFT
$80
$/SQFT
1974
Built
Neighborhood:
13K - Toppenish
Area:
13K - Toppenish
Property Description
THIS OFFERING is for the opportunity to purchase a well-located multi-tenant retail building in the heart of downtown Toppenish at a below market price. While currently fully occupied, Papa Murphy's is relocating to a larger building, making the property ideal for an owner/user interested in occupying their approximately 1,184SF space and benefiting from passive income from the remaining leases.Rents are below market leaving future upside to capitalize on, as the average annualized rate is approximately $8.46/SF, modified gross, including Papa Murphy's, or approximately $6.91/SF attributable to the remaining spaces.
Exterior Features

Construction Block Lot Depth Feet 0.00 Lot Front Feet 0.00 Lot Size 0 - .25 Acres Roof Built-Up

Interior Features

Heating Forced AirGas

Property Features

Commercial Type Commercial Property List Price Description Total List Price Main Use Retail Sewage System Connected Sq Ft Source County Assessor Tax Designation None Tax Year 2024 Taxes 2523.00 Water Public Water Zoning B2 - Local Business

Listing provided courtesy of Bill Almon, Jr of Almon Commercial-Residential Real Estate: (509) 966-3800.


© 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: 2024-06-12T23:48:42.56.
 
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1017 S 40th Ave
Yakima WA, 98908