Map of Property

Net Leased Investment Offering

For Sale

811 W Yakima Ave, Yakima, WA 98902

This Yakima property for sale is located at 811 W Yakima Ave. The current listed sale price for Net Leased Investment Offering is $790,568. Net Leased Investment Offering is situated on a lot that is 0.33 acre in size.

Contacts

Bill Almon, Jr.

Almon Commercial Real Estate

Property Details

  • Property Type Retail - Street Retail
  • Property Size 6,134 SF
  • Lot Size 0.33 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1965
  • Date Updated Oct 15, 2026
THIS OFFERING is for the opportunity to purchase a fully occupied net leased multi-tenant investment property consisting of a pair of retail/office suites on the main level and a pair of office/medical suites on the lower level. This highly recognizable building is located on downtown Yakima’s primary commercial arterial with access from two arterials and visibility from three. It’s anchored by The Haberdasher, an established high-end men’s clothing boutique that’s been in the building since 2001 and recently extended their lease to have more than 10 years remaining. Leases are signed at or below market with an average rental rate of approximately $10.82/SF, NNN, which results in a below market sale price at only approximately $129/SF that in turn provides for future upside and immediate downside protection, making this a safe, attractive investment offering.
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Highlights

  • All leases have 2%/year escalations.
  • Highly recognizable and prominent building on downtown Yakima’s primary commercial arterial with more than 16,700 vehicles passing by.
  • Minimal landlord responsibilities within the leases that include structural repairs and replacement of the roof, HVAC and parking lot.
  • Primary lease in the building to Steve Goodwin the Haberdasher has more than 10 years of term remaining and has been in the building since 2001.
  • Rare opportunity to acquire an investment grade offering where the capitalization rate does not manipulate the sale price above market.
  • The property includes plentiful parking that exceeds municipal requirements.

Attachments

Getting around

  • 86/100

    Walk Score ®

  • 34/100

    Transit Score ®

  • 57/100

    Bike Score ®

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Location

  • City Yakima, WA
  • Neighborhood Yakima
  • Zip Code 98902
  • Market Tri Cities

Points of Interest

  • Safeway Fuel Station

    0.34 miles

  • Conoco

    0.82 miles

  • Arco

    1.12 miles

  • 7-Eleven

    1.35 miles

  • Electrify America

    2.01 miles

  • ChargePoint

    3.92 miles

  • Lot P

    0.77 miles

  • Lot E

    0.86 miles

  • Lot A

    0.87 miles

  • Lot O

    0.93 miles

  • Lot F

    0.94 miles

  • Lot B

    0.95 miles

  • Lot C - Visitor Parking

    0.96 miles

  • Lot D - Admin Parking

    0.96 miles

  • Lot H - Student Parking

    0.97 miles

  • Lot G - Faculty/Staff

    0.97 miles

  • Taco Time

    0.11 miles

  • The Lariat

    0.14 miles

  • KFC

    0.34 miles

  • El Mirador

    0.38 miles

  • The Spice

    0.39 miles

  • Papa Murphy's

    0.40 miles

  • Famous Burger And Teriyaki Sandwich

    0.43 miles

  • Ron's Tacos and Burgers

    0.52 miles

  • Poochie's

    0.55 miles

  • McDonald's

    0.57 miles

  • Safeway

    0.39 miles

  • Downtown Market

    0.88 miles

  • Mercado de Yakima

    0.93 miles

  • Big Lots

    1.55 miles

  • Target

    1.57 miles

  • Fiesta Foods

    1.93 miles

  • Walmart Supercenter

    1.95 miles

  • Bi-Mart

    2.32 miles

  • Grocery Outlet

    2.41 miles

  • Fred Meyer

    2.51 miles

Contact Listing Broker
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