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- LoopNet Team
206 S 11th Ave
Yakima, WA 98902
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Multiple units have been combined into the single unit of this offering, however, the building might again be demised into multiple suites.
- Affordable entry point in terms of price per square foot of improvement at only $29/SF.
- Distressed sale offering.
- Includes a partial unfinished basement not included within the advertised square footage (free basement).
- Asking price is substantially less than tax assessed value of $531,140
EXECUTIVE SUMMARY
THIS OFFERING is for the opportunity to purchase an affordable medical condominium adjacent to the Yakima Professional Center condominiums (formerly the Yakima Medical Center Condominiums) and located at the entrance to the condos with visibility and presence from S 11th Ave. The building is currently configured as traditional medical space but might be suitable for either continued medical or professional office use (the latter would require amendment to the condo declarations, however, these two parcels comprise of the entirety of the involved condos, therefore a purchaser can amend the declarations as desired post-closing). Multiple condo units have been combined into this single building, whereby a buyer might relatively easily convert this back to a multi-tenant building. Includes a partial unfinished basement not included within the advertised square footage. Asking price is reflective of the likely need to remodel and/or re-purpose the floor plan. Any sale is subject to approval of the United States Bankruptcy Court, Eastern District of Washington.
PROPERTY FACTS
| Property Type | Office | Rentable Building Area | 7,978 SF |
| Property Subtype | Medical | No. Stories | 1 |
| Building Class | C | Year Built | 1961 |
| Lot Size | 0.20 AC | APN / Parcel ID | |
| Zoning | B1 | ||
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | C |
| Lot Size | 0.20 AC |
| Rentable Building Area | 7,978 SF |
| No. Stories | 1 |
| Year Built | 1961 |
| APN / Parcel ID | |
| Zoning | B1 |
