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Professional Office Condo 1015 S 40th Ave 2,955 SF Office Building Yakima, WA 98908 $499,000 ($168.87/SF)

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INVESTMENT HIGHLIGHTS

  • Currently leased by a counseling firm, the building will be vacant as of November 1.
  • Floor plan consists of a reception area, 9 private offices, a conference room and three restrooms.
  • Sale is subject to an option to purchase in favor of the condominium association and its individual owners.
  • Excellent location in heart of the desirable 40th Ave corridor with access from both S 40th Ave and W Nob Hill Blvd.
  • Sale offering includes condo units 12 & 14 of The 40th Avenue Medical and Professional Center Condominium.

EXECUTIVE SUMMARY

THIS OFFERING is for the opportunity to purchase a commercial condo in a desirable west Yakima location with frontage, visibility and access from S 40th Ave and additional access from W Nob Hill Blvd.
Historically occupied by a counseling firm, the floor plan is traditionally configured professional office space and consists of a waiting lobby, reception/work area, 9 private offices (4 overlooking the golf course), a conference room and 3 restrooms.
Condo fees include water, garbage, exterior building maintenance, roof repairs, snow removal and landscaping. Sale is subject to an option to purchase in favor of the condominium association and its individual owners.
While currently leased, the building will be vacant as of November 1.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) 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 Under Contract

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,955 SF
Building Class
B
Year Built
1975
Price
$499,000
Price Per SF
$168.87
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,955 SF
Building FAR
0.97
Lot Size
0.07 AC
Zoning
B-1

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 19
  • 2,412 SF
  • Office/Medical
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 19 2,412 SF Office/Medical - Now

1st Fl-Ste 19

Size
2,412 SF
Space Use
Office/Medical
Condition
-
Available
Now

1st Fl-Ste 19

Size 2,412 SF
Space Use Office/Medical
Condition -
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 181327-13465
  • 181327-13472
Land Assessment
$58,200
Improvements Assessment
$165,800
Total Assessment
$224,000
  • Listing ID: 36251553

  • Date on Market: 6/13/2025

  • Last Updated:

  • Address: 1015 S 40th Ave, Yakima, WA 98908

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