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0 Baths
34,473 sqft

$2,950,000

101-111 S 3RD St, Yakima WA, 98901

Price per sqft$85.57
Built in1980
Property size34,473 sqft
Property typeOther

Overview

Active

Listed Jan 26, 2024

Updated 4 weeks ago

THIS OFFERING presents an opportunity to acquire a ''value add'' well-positioned multi-tenant office building in the heart of downtown Yakima. Structured in an intentionally transparent manner, this investment grade offering comes with minimal downside exposure and considerable upside opportunity. Remodeled just prior to COVID, this building has a current vacancy of approximately 50% and below market rents leaving it primed for a value-add opportunity. The current property owner is retiring and wishes to consolidate assets, leaving the upside to the next investor. Offered at $89/SF this building is positioned aggressively, leaving room for capital improvements to help recapture higher rents and reduce existing vacancy. With several larger spaces available, this building is ideal for an owner/user looking to mitigate rent expenses through lease income generated from the building. Make this your signature building and generate income in the process. Considerable upside potential combined with the owner's retirement plans make this property worth a second look to investors.

$19,626/mo

Est. mortgage payment based on a $2,950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
24-137

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
1 Acre

Other Property Details

Taxes
$20,986
Tax Frequency
Annually
MLS provider logo

Listed by Christopher Sentz with Almon Commercial-Residential Real Estate
Listing Contact: [email protected] 

The IDX display contains information sourced from the Yakima Association of REALTORS® as of 9/8/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Yakima Association of REALTORS® all rights reserved.

Data last updated on 9/8/2026 at 9:21 PM UTC

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