$ 4,200,000
5110 Tieton DR Yakima, WA 98908
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Listed by Berkshire Hathaway HS CW RE
$ 4,200,000
Est. payment /mo
Active
5110 Tieton DR Yakima, WA 98908
2.39 Acres Lot
UPDATED:
11/14/2024 02:36 AM
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision West Valley
MLS Listing ID 2139781
Style 75 - Retail
Year Built 1949
Annual Tax Amount $35,532
Lot Size 2.390 Acres
Property Description
Glenwood Square is a prize property that any investor would want in their portfolio. It touts over 20 years track record of successful operation. To say it?s at the ?core? of Yakima is appropriate since it was once was an active apple warehouse. Refurbished in 1999, it is home to Zesta Cucina, The Pub and Xochimilco, popular destination restaurants as long term tenants. Each adds color and culture to the environment and a steady flow of patrons. Current operations and sale price suggest a 6.7% cap rate and there is certainly ample opportunity to exceed that this year. Additional financial opportunity exists in the movie/media theatre and reception space rental. Seller financing possible for the right buyer per terms specified by ownership.
Location
State WA
County Yakima
Area 475 - Yakima County
Interior
Interior Features Concrete, Hardwood, Wall to Wall Carpet
Flooring Concrete, Hardwood, Carpet
Fireplace false
Exterior
Exterior Feature Cement/Concrete
Roof Type Flat,Torch Down
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Owner Financing, See Remarks
Listing Terms Cash Out, Conventional, Owner Financing, See Remarks
"Three Trees" icon indicates a listing provided courtesy of NWMLS.