Map of Property

Versatile Yakima Warehouse/Flex Building

For Sale

31 N 4th Ave, Yakima, WA 98902

This Yakima property for sale is located at 31 N 4th Ave. The general use of Versatile Yakima Warehouse/Flex Building is industrial and it incorporates 40,827 square feet of class C industrial space. The current listed sale price for Versatile Yakima Warehouse/Flex Building is $2,895,000. Versatile Yakima Warehouse/Flex Building is situated on a lot that is 1.19 acre in size.

Contacts

broker
Nick Mayer

Almon Commercial Real Estate

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 40,827 SF
  • Lot Size 1.19 Acre
  • Building Class C
  • Year Built 1939
  • Date Updated Jul 20, 2025
  • HVAC None
West on Yakima Avenue Right on N. 4th Ave. Building on RightTHIS OFFERING is for the opportunity to purchase a 40,827SF warehouse property in Yakima’s Central Business District zoned CBD - this site allows for a broad range of commercial, light-industrial, manufacturing, flex, and retail uses. The property features a secured yard for parking, loading or materials storage and has undergone significant recent capital improvements under current ownership. Recent upgrades include a brand-new torch-down roof layer (in part), newly poured interior concrete flooring, a complete fire suppression system, asbestos remediation, fresh interior and exterior paint, and new interior drywall throughout portions of the building. Formerly home to Franz Bakery, the space has been thoughtfully improved and positioned well for adaptive reuse and stabilization. Pro-forma market rents are estimated to average $.65/SF/Month. Ownership originally envisioned a mixed-use concept, leasing part of the building as traditional warehouse space while demising the remainder into retail, storage or flex spaces making it well suited for investors, owner-users, or developers seeking versatility in a growing market. Note: the building is mostly vacant with one tenant leasing 7,423SF.
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Highlights

  • Asbestos remediation
  • Fresh interior and exterior paint
  • Full building sprinkler system
  • New interior drywall (in part)
  • New torch-down roof layer (in part)
  • Newly poured interior concrete floors (in part)
  • Seven grade level roll-up doors
  • Strategically located in downtown Yakima, offering immediate access to I-82 and primary arterial roads for seamless connectivity
  • Strong ROI potential after stabilization and re-leasing

Getting around

  • 92/100

    Walk Score ®

  • 34/100

    Transit Score ®

  • 57/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • Safeway Fuel Station

    0.25 miles

  • Conoco

    0.47 miles

  • Arco

    0.78 miles

  • 7-Eleven

    0.97 miles

  • Electrify America

    1.65 miles

  • 76

    2.07 miles

  • ChargePoint

    4.29 miles

  • Sunwest Limo

    0.61 miles

  • Spanky's Auto Wash

    0.87 miles

  • Pro-Clean Auto Detail Systems

    1.25 miles

  • Enterprise

    1.27 miles

  • AutoSpa Central Washington

    2.22 miles

  • Auto Spa Car Wash

    2.67 miles

  • Splash Express

    2.82 miles

  • Auto Spa

    4.44 miles

  • Shell

    4.48 miles

  • KFC

    0.17 miles

  • The Lariat

    0.24 miles

  • Famous Burger And Teriyaki Sandwich

    0.25 miles

  • El Mirador

    0.26 miles

  • Taco Time

    0.27 miles

  • Main Stop on the Ave

    0.29 miles

  • Norm's of Yakima

    0.32 miles

  • Poochie's

    0.34 miles

  • McDonald's

    0.35 miles

  • Crafted

    0.36 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Nick Mayer

Almon Commercial Real Estate

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