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114 N 4th St 86,375 SF 36% Leased Flex Building Yakima, WA 98901 $2,950,000 ($34.15/SF)

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EXECUTIVE SUMMARY

CenturyPacific, LLLP is pleased to offer for sale the Yakima Herald Republic building, a ±86,375 SF purpose-built asset with strong programmatic versatility. Built on two tax parcels totaling 55,965 SF in downtown Yakima, the improvements were developed in three phases allowing each component to operate individually or as a single unit as needed.
The Central Business District (CBD) zoning accommodates a variety of uses and applications including retail sales, commercial services, offices, clinics, community & religious centers, and business or vocational schools.
5.0% commission offered to buyer’s broker.

PROPERTY FACTS

Price $2,950,000
Price Per SF $34.15
Sale Type Investment
Property Type
Flex
  • Flex Research & Development
  • FlexLight Distribution
Building Class C
Lot Size 1.29 AC
Rentable Building Area 86,375 SF
No. Stories 2
Year Built 1950
Parking Ratio 0.53/1,000 SF
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 3
Opportunity Zone Yes
Zoning CBD - Central Business District

AMENITIES

  • Fenced Lot

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 11,808 SF
  • Industrial
  • Full Build-Out
  • Now

Ideal warehouse/production space Extreme versatility of use & application Numerous loading doors - dock high & at-grade Fully-conditioned Attached Private Office Available mezzanine level with freight elevator and forklift access Can operate individually or combined with other availablities

  • 1st Floor
  • 23,701 SF
  • Office
  • Full Build-Out
  • Now

Combination of open office, conference rooms, and private offices Landlord will consider demising High-quality improvements & architecture Abundant natural light Break rooms/kitchenettes existing Controlled access (key card) Direct access to adjacent warehouse

  • 1st Floor
  • 19,366 SF
  • Industrial
  • Full Build-Out
  • Now

Combined high-cube warehouse & ground floor production space High-cube warehouse (2nd Floor) starting at $4/SF Ground floor warehouse/production space starting at $8/SF Access to at-grade & dock-high loading Features multiple office & support/utility facilities Fully-conditioned

Space Size Space Use Condition Available
1st Floor 11,808 SF Industrial Full Build-Out Now
1st Floor 23,701 SF Office Full Build-Out Now
1st Floor 19,366 SF Industrial Full Build-Out Now

1st Floor

Size
11,808 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size
23,701 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size
19,366 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 11,808 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Ideal warehouse/production space Extreme versatility of use & application Numerous loading doors - dock high & at-grade Fully-conditioned Attached Private Office Available mezzanine level with freight elevator and forklift access Can operate individually or combined with other availablities

1st Floor

Size 23,701 SF
Space Use Office
Condition Full Build-Out
Available Now

Combination of open office, conference rooms, and private offices Landlord will consider demising High-quality improvements & architecture Abundant natural light Break rooms/kitchenettes existing Controlled access (key card) Direct access to adjacent warehouse

1st Floor

Size 19,366 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Combined high-cube warehouse & ground floor production space High-cube warehouse (2nd Floor) starting at $4/SF Ground floor warehouse/production space starting at $8/SF Access to at-grade & dock-high loading Features multiple office & support/utility facilities Fully-conditioned

Walk Score®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 191319-21513
  • 191319-21409
Land Assessment
$490,100
Improvements Assessment
$3,948,000
Total Assessment
$4,438,100
  • Listing ID: 24736714

  • Date on Market: 12/29/2021

  • Last Updated:

  • Address: 114 N 4th St, Yakima, WA 98901

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