5110 Tieton Drive
Yakima, WA 98908
2.39 acres | #2139781
Description
Glenwood Square is a prize property that any investor would want in their portfolio. It touts over 20 years track record of successful operation. To say it’s at the ‘core’ of Yakima is appropriate since it was once was an active apple warehouse. Refurbished in 1999, it is home to Zesta Cucina, The Pub and Xochimilco, popular destination restaurants as long term tenants. Each adds color and culture to the environment and a steady flow of patrons. Current operations and sale price suggest a 6.7% cap rate and there is certainly ample opportunity to exceed that this year. Additional financial opportunity exists in the movie/media theatre and reception space rental. Seller financing possible for the right buyer per terms specified by ownership.
Interior Details
- InteriorConcrete, Hardwood, Wall to Wall Carpet
Property Details
- Exterior MaterialsCement/Concrete
Measurements
- Acres2.39
Construction Details
- Style75 - Retail
- Property TypePurchase
Condition
- Year Built1949
Material information
- FoundationPoured Concrete
Utilities / Energy Details
- Sewer InformationSewer Connected
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionWest Valley
Location
- CountyYakima
Financial Details
- Original List Price$4,200,000
- Taxes Annual$35,532
- Days on Market (Cumulative)797
- Buying Agency Compensation2.5
Other
- MLS #2139781
Legal
Disclaimer: The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - 21 - WA and should be verified by the buyer.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Robert Powers (#NWM95537)
Listing Office: Berkshire Hathaway HS CW RE (#NWM1117)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
