WA
Yakima
Toppenish
98948
841 W 1st Ave
841 W 1st Ave, Toppenish, WA 98948
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Listing Type
Commercial/Industrial
Listing Status
Active
17
$1,500,000

Home Details for 841 W 1st Ave

Price
$1,500,000
Type
Commercial Sale
Square feet
8640
Year built
2015
Lot size acres
1.28
County
Yakima
Basement
None
MLS Listing#
290937
Property Description

This fully leased 8-unit retail strip center presents a rare turnkey investment opportunity in the heart of Toppenish. Built in 2015, the 8,640 square foot property sits on a 1.28-acre parcel with prime frontage along one of the city's busiest commercial corridors, offering excellent visibility, strong traffic counts, and immediate highway access that make it highly attractive to national, regional, and franchise tenants seeking dominant positioning within the trade area. The center is 100% occupied with a diverse tenant mix that includes an established insurance agency, a pawn shop occupying three units, Cricket Wireless, a smoke shop, a nail salon, and a spice and herb retailer, with tenant history ranging from 5 to 26 years and two recent lease signings within the past year, providing a blend of long-term stability and refreshed lease terms. Additionally, a long-standing food truck operator generates supplemental income and has a reliable payment history. The property benefits from substantial on-site parking--an uncommon advantage in Toppenish where many retail centers lack adequate parking--providing flexibility for higher-traffic users and long-term tenant retention. While the asset offers stable in-place income, there is clear opportunity to enhance value by improving lease structures, adjusting rents toward market levels, optimizing expense allocations, and strategically increasing net operating income over time. With modern construction, strong frontage, established tenancy, and built-in upside through lease and expense improvements, this retail strip center offers investors both immediate cash flow and the ability to grow NOI and long-term equity through proactive asset management.

Property Features
  • Utilities
    • Sewer Connected
    • Electricity Connected
    • Natural Gas Connected
  • Heating Information
    • Electric
    • Natural Gas
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Basement
    • None
Listing Courtesy: John L Scott Yakima - 150-996-6990
Listings courtesy of PACMLS/Tri City AOR. IDX information is provided exclusively for consumers’ personal, non- commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
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Market statistics compiled from data from Tri-City Association of Realtors.
EXIT REALTY TRI-CITIES LIFE
8656 W Gage Blvd, Suite 205, Kennewick, WA 99336
Steve Lambert
Designated Broker
Office
509 551 4770
Agent
509 551 4770
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