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2506 Old Town Rd 2.92 Acres of Commercial Land in Yakima, WA 98903

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INVESTMENT HIGHLIGHTS

  • Only regional mall within 100 miles
  • Ground Lease/Development Site for Sale

EXECUTIVE SUMMARY

Prime Ground Lease or Development Site right off S 1st Street directly across the Valley Mall in Yakima, WA. Valley Mall is the only regional mall in 100 miles making this trade area a prime location to attract visitor from all over Central Washington and beyond. This site represents an opportunity for regional and national brands to anchor themselves along side the growing list of strong tenants in the immediate area.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Restaurant
Total Lot Size 2.92 AC
Year Built 1948
Zoning C1 - C2-Regional Commercial

1 LOT AVAILABLE

Lot

Lot Size 2.92 AC

Lot Size: 127,195 SF (2.92 Acres)Building Size: 21,903 SF. Zoning: C2-Regional Commercial. Parcel Number: 19133233005 .

DESCRIPTION

The area around the mall is also on the upswing for fast food and quick-service dining: there are several build to-suit / ground lease opportunities with high visibility in the Valley Mall trade area serving over 300,000 people. Wendy’s is set to return to Union Gap, which signals strong confidence in demand. Overall, the combination of strong anchor tenants, ongoing retailer interest, and growing restaurant options makes Union Gap / Valley Mall a highly attractive place for both shoppers and restaurateurs alike.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
191332-33005
Land Assessment
$777,550
Improvements Assessment
$813,400
Total Assessment
$1,590,950
  • Listing ID: 38069274

  • Date on Market: 10/14/2025

  • Last Updated:

  • Address: 2506 Old Town Rd, Yakima, WA 98903

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