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Investment Highlights

  • Development Opportunity
  • Over 38,000 square feet
  • Opportunity Zone
  • Excellent, high visibility location
  • Ample covered parking
  • Part of Main Street

Executive Summary

Attention developers, investors, and visionary business owners. Welcome to 301 E. Yakima Avenue, a rare opportunity to acquire or lease one of downtown Yakima's most prominent commercial properties. Offered for sale or lease for the first time, this landmark property occupies a prime, high-visibility location along one of Yakima's busiest corridors in the heart of the Central Business District. Positioned within a federally designated Opportunity Zone, this exceptional property offers outstanding potential for redevelopment, adaptive reuse, or long-term investment. With over 38,000 square feet spanning a full basement, main level, and second floor, the flexible layout provides endless possibilities for a wide range of commercial and mixed-use projects. Potential uses include senior living, multifamily apartments, medical or professional offices, trade or higher education facilities, retail, restaurants, entertainment venues, data centers, self-storage, fulfillment or distribution centers, and much more. Located in the economic hub of Eastern Washington, Yakima continues to experience growth while serving as a regional center for business, healthcare, education, agriculture, and commerce. Whether you're looking to restore an iconic building, establish a flagship location, or create a transformative mixed-use development, 301 E. Yakima Avenue provides the scale, location, and opportunity to bring your vision to life.

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
38,443 SF
Building Class
A
Year Built/Renovated
1960/2000
Price
$2,800,000
Price Per SF
$72.84
Building Height
2 Stories
Typical Floor Size
15,500 SF
Building FAR
2.60
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District

Amenities

  • Bus Line
  • Conferencing Facility
  • Security System
  • Signage
  • Skylights
  • Kitchen
  • Storage Space
  • Fully Carpeted
  • High Ceilings
  • Direct Elevator Exposure
  • Natural Light
  • Partitioned Offices
  • Plug & Play
  • Reception
  • Recessed Lighting
  • Wi-Fi
  • Air Conditioning
  • Balcony
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
191319-21503
Land Assessment
$222,750
Improvements Assessment
$1,175,300
Total Assessment
$1,398,050
Annual Taxes
($38,443) (($1.00)/SF)
Tax Year
2026
  • Listing ID: 41481004

  • Date on Market: 7/29/2026

  • Last Updated:

  • Address: 301 E Yakima Ave, Yakima, WA 98901

Contact the Sale Advisor

Call Center | 301 E Yakima Ave

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