401 S 40th Ave | Yakima, WA 98908
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- LoopNet Team
401 S 40th Ave
Yakima, WA 98908
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Access and visibility from two major commercial arterials with combined traffic counts exceeding 37,000 VPD (one of Yakima's busiest intersections).
- Historically a grocery site that closed as a result of the Albertsons acquisition of Safeway (use restrictions prohibit grocery, pharmacy and gas).
- Architectural plans in place for a planned conversion of the property to a single-tenant nationally franchised gym.
- Significant acreage provides existing parking ratios that are far in excess of municipal code requirements.
- Significant demolition of the interior has already been undertaken, leaving an open shell ready to be completed.
- Only mid to large sized retail box of this nature currently available for sale or lease in west Yakima.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
42,005 SF
Building Class
B
Year Built
1985
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
4.19 AC
Zoning
SCC
Parking
237 Spaces (5.64 Spaces per 1,000 SF Leased)
Frontage
587’ on S 40th Ave
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,846,500 | |
| Land Assessment | $1,402,850 | Total Assessment | $7,249,350 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,402,850
Improvements Assessment
$5,846,500
Total Assessment
$7,249,350
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