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Ana Magallon

contact@anamagallonrealtor.com +1(509) 581-8911

$ 1,250,000

Est. payment -/mo

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Active

841 W 1st Ave Toppenish, WA 98948

8,640 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 8,640 sqft

Price per Sqft $144

MLS Listing ID PAC293283

HOA Y/N No

Year Built 2015

Annual Tax Amount $11,098

Tax Year 2026

Lot Size 1.280 Acres

Acres 1.28

Property Sub-Type Retail

Source pacmls

Property Description

MLS# 293283 This fully leased, 2015-built 8-unit retail strip center offers investors stable in-place cash flow with clear upside through improved lease economics and site utilization. Offered at $150.34 PPSF The property totals 8,640 SF on a 1.28-acre parcel with strong frontage and visibility along a primary commercial corridor in Toppenish, WA, providing convenient access for local and regional traffic. The intersection going north and south on SR 97 reports a Annual Average Daily Traffic count (AADT) of approximately 11,000. A major differentiator in this market is the site's substantial on-site parking, supporting higher-traffic users, operational flexibility, and long-term tenant retention. Value-Add / Upside: In addition to current occupancy, the asset presents a compelling opportunity to enhance value over time through lease restructuring, expense allocations/CAM recovery, and rent optimization as leases roll. The property also includes excess land to the rear that may support additional income-generating uses and future development concepts--such as expanded retail/service uses or a convenience-oriented configuration (including potential fuel-related improvements near the existing food-truck area)--subject to buyer verification of zoning, utilities, access, and required approvals. The center is 100% occupied with a diverse tenant mix including an established insurance agency, a pawn shop (3 units), Cricket Wireless, a smoke shop, a nail salon, and a spice & herb retailer. Tenant history ranges from 5 to 26 years, and the property has experienced two lease signings within the past year, supporting both long-standing stability and refreshed lease activity. A long-standing food truck operator also provides supplemental income with reliable payment history. With modern construction, strong visibility, established tenancy, and multiple paths to NOI growth, this property is well-suited for 1031 buyers and value-add retail investors

Location

State WA

County Yakima

Zoning COMMCL GENERAL

Direction Located just off highway 97

Rooms

Basement None

Interior

Heating Electric, Gas Available

Cooling Central Air

Exterior

Exterior Feature Parking/10+ Spaces, Parking/25+ Spaces

Utilities Available Electricity Available, Natural Gas Available

View Y/N No

Roof Type Composition

Garage No

Building

Sewer Septic Installed, Sewer Connected

Water Public

Structure Type Stucco

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed byJohn L Scott Yakima

Ana Magallon

Realtor License ID: 24008735

+1(509) 581-8911

Ana Magallon

841 W 1st Ave Toppenish, WA 98948

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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841 W 1st Ave