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9 S 1st St 8,408 SF Retail Building Yakima, WA 98901 $635,000 ($75.52/SF)
Investment Highlights
- Prime South 1st Street location with exceptional street frontage and visibility
- Designed for high-volume food service operations with immediate income-producing potential
- Recently updated dining area featuring new flooring, booths, and table seating
- Turn Key Established Restaurant Opportunity
- Rare opportunity to acquire an iconic restaurant property with 89 years of operating history
- Seating for 115 guests in the main dining room, Separate 21+ lounge and bar with seating for 67 patrons
Executive Summary
THIS OFFERING is for the opportunity to acquire one of the area's most iconic and established restaurant properties. Operating successfully for the past 89 years, this fully operational Chinese restaurant is being offered as a turnkey business with its existing restaurant infrastructure, branding and equipment.
Strategically located on South 1st Street, the property enjoys exceptional street-level exposure and high visibility along a heavily traveled commercial corridor. The building features approximately 6,528 square feet on the main level, plus an additional approximately 1,880-square-foot basement for storage and food preparation.
The main dining room accommodates up to 115 guests, while the separate 21+ lounge and bar offers seating for an additional 67 patrons. The commercial kitchen is fully equipped with multiple walk-in freezers, wok stations, flat-top cooking surfaces, and ample prep space to support high-volume operations.
Recent updates include new flooring, booths, and table seating, creating a refreshed dining experience while preserving the restaurant's longstanding reputation. This offering presents an exceptional opportunity to acquire a landmark property with nearly nine decades of successful operation in a premier, high-visibility location. Take over current operations or create something new.
Strategically located on South 1st Street, the property enjoys exceptional street-level exposure and high visibility along a heavily traveled commercial corridor. The building features approximately 6,528 square feet on the main level, plus an additional approximately 1,880-square-foot basement for storage and food preparation.
The main dining room accommodates up to 115 guests, while the separate 21+ lounge and bar offers seating for an additional 67 patrons. The commercial kitchen is fully equipped with multiple walk-in freezers, wok stations, flat-top cooking surfaces, and ample prep space to support high-volume operations.
Recent updates include new flooring, booths, and table seating, creating a refreshed dining experience while preserving the restaurant's longstanding reputation. This offering presents an exceptional opportunity to acquire a landmark property with nearly nine decades of successful operation in a premier, high-visibility location. Take over current operations or create something new.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,408 SF
Building Class
C
Year Built
1965
Price
$635,000
Price Per SF
$75.52
Tenancy
Single
Building Height
2 Stories
Building FAR
1.21
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
CBD - Central business district
Parking
35 Spaces (4.16 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Storage Space
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 191319-23482 | Improvements Assessment | $391,600 |
| Land Assessment | $76,950 | Total Assessment | $468,550 |
Property Taxes
Parcel Number
191319-23482
Land Assessment
$76,950
Improvements Assessment
$391,600
Total Assessment
$468,550
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