Sunfair Office Building

101-111 South 3rd Street Yakima, WA 98901

101-111 South 3rd Street , Yakima, WA, 98901
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$2,950,000
Last Verified:
May 06, 2024

Highlights

  • Rare opportunity to acquire an investment grade office building at a discounted value. By example, the asking price translates to $86/SF, which is arguably below market if the building sold empty to a user.
  • Class B building in a Class A location, providing an excellent option for tenants who want to be in the core of downtown Yakima.
  • Separate adjoining parcel included with additional 21 parking stalls (58 total parking stalls)
  • Recently updated entry and common areas throughout the building
  • Situated within walking distance of Yakima’s most sought after amenities, such as Cowiche Canyon Kitchen and Ice House Bar, Easy Tiger Restaurant, Second Street Restaurant, Essencia Bakery, The Capital Theater, Hilton Garden Inn, Banking, the Post Office and many more.
  • Additional financial information available upon request.

Description

THIS OFFERING presents an opportunity to acquire a well-positioned multi-tenant office building in Yakima. Ideal for an owner/user, this property is conveniently located in the heart of downtown, only a few minutes’ walk from Yakima’s growing assortment of amenities. Offered at $86/SF this building should not be overlooked!

THIS OFFERING presents an opportunity to acquire a well-positioned multi-tenant office building in Yakima. Ideal for an owner/user, this property is conveniently located in the heart of downtown, only a few minutes’ walk from Yakima’s growing assortment of amenities. Offered at $86/SF this building should not be overlooked!

Building Size: 34473sq ft
Building Class: B
Lot Size: 1.1 acres


Documents

FLYER

Map of 101-111 South 3rd Street , Yakima, WA, 98901

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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