5110 Tieton Drive
Yakima, WA 98908
2.39 acres | #2139781
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.
Property Details
- InteriorConcrete, Hardwood, Wall to Wall Carpet
- Property SubtypeCommercial Industrial
- Exterior MaterialsCement/Concrete
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Date ListedJuly 16, 2023
- Style75 - Retail
- SubdivisionWest Valley
- Original List Price$4,200,000
- Property ConditionVery Good
- Property TypePurchase
- Taxes Annual$35,532
- MLS #2139781
- Cost4200000
- MLS #2139781
- Utility SourcePublic
- CountyYakima
- Structure TypeRetail
- Acres2.39
- Year Built1949
- Days on Market (Cumulative)907
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-13 18:36:24. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Robert Powers (#NWM95537)
Listing Office: Berkshire Hathaway HS CW RE (#NWM1117)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
