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1408 S 8th St
Yakima, WA 98901
Land For Sale
·
2.47 AC
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
| Sale Type | Investment | Property Type | Land |
| Sale Condition | Redevelopment Project | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.47 AC |
| Zoning | R2 | ||
| 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
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