Development Land With Rental Improvements

For Sale

104 W Washington Ave, Union Gap, WA 98903

This Union Gap property for sale is located at 104 W Washington Ave. The current listed sale price for Development Land With Rental Improvements is $495,000. Development Land With Rental Improvements is situated on a lot that is 1.71 acre in size.

Contacts

Chris Sentz

Almon Commercial Real Estate

Property Details

  • Property Type VacantLand
  • Property Size 2,560 SF
  • Units 1
  • Lot Size 1.71 Acre
  • Year Built 1935
  • Date Updated Nov 11, 2026
Approximately 104 W Washington Avenue, Union Gap, Yakima County, Washington; commonly known as Yakima County Assessor’s Parcel Number 19133-32009.104 W Washington Avenue presents a unique opportunity to acquire approximately 1.70 acres in Union Gap with existing improvements and in-place rental income. The offering is being positioned primarily as a land and redevelopment opportunity, with the underlying 74,052 SF site valued at approximately $3.50/SF and approximately $235,000 of additional value attributed to the existing improvements. This approach provides an investor, owner-user, or developer the ability to acquire a sizable property while benefiting from existing improvements and income during the ownership or planning period. The property currently generates approximately $2,550 per month in rental income, providing meaningful carrying-cost support while a buyer evaluates longer-term redevelopment or repositioning opportunities. Located along W Washington Avenue, just one block east of the S 3rd Avenue/W Washington Avenue intersection, the property offers convenient access within the Union Gap/Yakima commercial market.
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Highlights

  • Approximately $2,550/Month in Existing Rental Income
  • Compelling long-term land play with interim income and existing improvement value
  • Convenient access to Valley Mall Boulevard, Main Street and Interstate 82
  • Existing residential rental income helps offset holding costs while evaluating future redevelopment
  • Four separate residential units totaling approximately 2,770 SF
  • Land Value Positioned at Approximately $3.50/SF
  • Located within Union Gap’s expanding commercial and retail market
  • Near the Valley Mall/Costco commercial corridor and significant ongoing development
  • Positioned near one of Yakima County’s most active concentrations of retail, automotive and commercial development
  • Potential Investment, Owner-User, Repositioning or Redevelopment Opportunity
  • urrounded by major national and regional users including Costco, Lowe’s, WinCo Foods, Toyota and other automotive dealerships.

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  • 40/100

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Location

  • City Union Gap, WA
  • Neighborhood Union Gap
  • Zip Code 98903
  • Market Tri Cities

Points of Interest

  • Arco

    0.16 miles

  • Costco Gasoline

    0.68 miles

  • Cenex Co-Op

    0.91 miles

  • Safeway Fuel Station

    0.94 miles

  • Conoco

    1.09 miles

  • 76

    1.47 miles

  • Chevron

    1.63 miles

  • Shell

    1.76 miles

  • Electrify America

    2.62 miles

  • ChargePoint

    4.72 miles

  • Perry Technical Institute Overflow Parking Lot

    1.23 miles

  • Lot T - Visitor Parking

    1.29 miles

  • Lot T - Staff Parking

    1.30 miles

  • Lot L

    1.35 miles

  • Lot O

    1.38 miles

  • Lot N

    1.38 miles

  • South Bullpen

    1.39 miles

  • Lot K - Student Parking

    1.40 miles

  • North Bullpen

    1.41 miles

  • Lot J - Faculty/Staff

    1.42 miles

  • Holiday Inn Express & Suites

    1.06 miles

  • Quality Inn

    1.50 miles

  • Best Western Plus Ahtanum Inn

    1.58 miles

  • Super 8 Union Gap/Yakima Area

    1.67 miles

  • Pioneer Motel

    1.78 miles

  • Home2 Suites

    1.91 miles

  • Hotel Maison Yakima Tapestry Collection by Hilton

    2.34 miles

  • Hilton Garden Inn Yakima

    2.36 miles

  • Holiday Inn

    2.46 miles

  • Red Lion Hotel Yakima Center

    2.52 miles

  • WinCo Foods

    0.85 miles

  • Grocery Outlet

    0.96 miles

  • Safeway

    1.05 miles

  • JCPenney

    1.23 miles

  • Marshalls

    1.23 miles

  • Macy's

    1.29 miles

  • Fiesta Foods

    1.35 miles

  • Ross

    1.35 miles

  • Valley Mall

    1.36 miles

  • TJ Maxx

    1.36 miles

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