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Property Detail

North Naches Avenue
This historic gem comprises 27 leasable spaces, including office suites .
$225,000

Description

  • This historic gem comprises 27 leasable spaces, including office suites, a meeting room, and an impressive ballroom with exposed brick walls.
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  • Near the heart of downtown Yakima, the property places tenants near popular restaurants, downtown entertainment, and the Yakima Event Center.
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  • Growing 10-mile population of more than 162,000 and daytime employment of over 69,000 presents a valuable pool of new potential tenants.
  • Desirable features include 24/7 secure access, dedicated gated parking, a private courtyard, and a shared kitchen and conference space.
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  • Property is easily accessible by commuters via Interstate 82, with convenient connections available to Highways 12, 97, and 823.

Executive Summary

Nestled at 15 N Naches Avenue in downtown Yakima, this historic property, originally the YWCA built in 1934, seamlessly blends its rich past with modern functionality.

Spanning 15,896 square feet across two stories and a finished basement, the iconic brick structure offers versatile possibilities for residential and commercial use. With 27 leasable spaces, including functional office suites, a large event space, and a grand ballroom, the property is ideal for a wide range of businesses. Desirable property amenities include 24/7 secure access, a private courtyard, a common kitchen, gated parking, and a shared conference room with a gas fireplace. Tenants enjoy access to high-speed Wi-Fi, dedicated parking spaces, and remodeled bathrooms. Currently 26% occupied, the property provides a meaningful value-add opportunity to lease the remaining spaces at market rents or utilize the space for a new owner’s business operations.

Strategically placed just one block off Yakima’s main downtown corridor on a 0.48-acre corner lot with CBD zoning, 15 N Naches Avenue sits within steps of the city’s best amenities. Tenants can easily walk to top-rated local restaurants, national retailers, major flag hotels, the Seasons Performance Hall, and the Yakima Event and Convention Center. Reaching the property is made easy by quick access to Interstate 82, with further connections to the 12, 97, and 823 Highways.

Located in Central Washington, the city of Yakima is both peaceful and quaint, just 60 miles southeast of Mount Rainer. It’s located inside the Yakima Valley, which is noted for its abundance of apples, hops, and wineries. Locals are afforded many award-winning wines in Yakima, the heart of Washington Wine Country. The city’s laidback vibe and rich history attract residents, delivering a robust demographic profile within 10 miles of 15 N Naches Avenue. The growing population currently exceeds 162,000, with daytime employment of more than 69,000. This presents a valuable pool of potential tenants for office and meeting spaces in the city.

Seize the chance to own a historic jewel of the Yakima Valley with the office and event space at 15 N Naches Avenue.

Historic Downtown Office Suites & Event Space

Listing ID : 00610

SKU: 610

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Price History

DateEventPrice
December 4 2024Listed$225,000.00