Log In/Sign Up
Your email has been sent.
1408 S 8th St 2.47 Acres of Commercial Land Offered at $1,750,000 in Yakima, WA 98901
Executive Summary
Commercial Investment & Development Opportunity: Full City Block Portfolio
An exceptional opportunity to acquire a significant commercial investment portfolio encompassing an entire city block, offering immediate income with massive upside potential. This unique offering consists of 15 houses across 9 separately parceled lots, all zoned R2. Control a full city block (both sides of the street), providing unparalleled strategic positioning and unified management.
Unit Mix: The properties include two 3-bedroom, 1-bath houses and thirteen 2-bedroom, 1-bath houses. Future Development Potential: The R-2 zoning on all 9 parcels allows for substantial density increase. A developer could potentially reconfigure or rebuild, maximizing the property's value by developing up to 36 units (9 parcels x 4 units).
This is a rare chance for a visionary investor or developer to secure a large, contiguous footprint in a central location balancing reliable rental income with significant long-term growth through redevelopment.
An exceptional opportunity to acquire a significant commercial investment portfolio encompassing an entire city block, offering immediate income with massive upside potential. This unique offering consists of 15 houses across 9 separately parceled lots, all zoned R2. Control a full city block (both sides of the street), providing unparalleled strategic positioning and unified management.
Unit Mix: The properties include two 3-bedroom, 1-bath houses and thirteen 2-bedroom, 1-bath houses. Future Development Potential: The R-2 zoning on all 9 parcels allows for substantial density increase. A developer could potentially reconfigure or rebuild, maximizing the property's value by developing up to 36 units (9 parcels x 4 units).
This is a rare chance for a visionary investor or developer to secure a large, contiguous footprint in a central location balancing reliable rental income with significant long-term growth through redevelopment.
Property Facts
| Price | $1,750,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 2.47 AC |
| No. Lots | 1 | ||
| Zoning | R2 | ||
| Price | $1,750,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.47 AC |
| Zoning | R2 |
1 Lot Available
Lot
| Price | $1,750,000 | Lot Size | 2.47 AC |
| Price Per AC | $708,502.02 |
| Price | $1,750,000 |
| Price Per AC | $708,502.02 |
| Lot Size | 2.47 AC |
Commercial Investment & Development Opportunity: Full City Block Portfolio
1 1
1 of 31
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1408 S 8th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.