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905 N 1st St 8,383 SF Retail Building Yakima, WA 98901 $1,500,000 ($178.93/SF)
Investment Highlights
- Offered at below market price. Property last sold in 2014 for $1.45M and is tax assessed at $1,624,050.
- Existing furniture, fixtures and equipment potentially available to purchase upon terms to be negotiated. Walk-in freezers included.
- Oversized lot with approximately 124 parking stalls (15 stalls per 1,000SF).
- Located at a controlled intersection with access from both arterials and traffic counts exceeding 18,500 vpd.
- Quick interstate and highway access.
- Property will be delivered vacant as of closing.
Executive Summary
THIS OFFERING is for the opportunity to purchase a prominent and highly recognizable full-service restaurant historically occupied by a nationally branded restaurant at a below market price.
Located at a controlled corner intersection and fronting a major commercial arterial with over 18,500 vehicles per day passing by the property, the property benefits from an oversized 1.95-acre parcel with approximately 124 parking stalls and the well-maintained building includes seating capacity of approximately 269.
Existing furniture, fixtures and equipment are potentially available to purchase upon terms to be negotiated. Walk-in freezers are included. Property will be delivered vacant as of closing. Do not disturb existing occupant.
Located at a controlled corner intersection and fronting a major commercial arterial with over 18,500 vehicles per day passing by the property, the property benefits from an oversized 1.95-acre parcel with approximately 124 parking stalls and the well-maintained building includes seating capacity of approximately 269.
Existing furniture, fixtures and equipment are potentially available to purchase upon terms to be negotiated. Walk-in freezers are included. Property will be delivered vacant as of closing. Do not disturb existing occupant.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,383 SF
Building Class
C
Year Built
1991
Price
$1,500,000
Price Per SF
$178.93
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.95 AC
Opportunity Zone
Yes
Zoning
C1
Parking
124 Spaces (14.79 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 181313-41403 | Improvements Assessment | $1,050,700 |
| Land Assessment | $573,350 | Total Assessment | $1,624,050 |
Property Taxes
Parcel Number
181313-41403
Land Assessment
$573,350
Improvements Assessment
$1,050,700
Total Assessment
$1,624,050
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905 N 1st St
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