Phenomenal opportunity to acquire a 51-Unit complex with significant upside in rents and a Pro Forma Cap Rate of 8.66%!
Kent Manor Apartments is a 51-unit affordable housing community located in Kennewick, WA, with convenient access to schools, shopping, restaurants, and main transportation routes serving the Tri-Cities. This property presents an excellent opportunity for a hands-on owner to improve bottom line NOI by reducing expenses, lowering vacancy, and operating more efficiently.
The property was built and placed into service in 1998 under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place requiring all units to be rented to income qualifying residents earning no more than 60% of Area Median Income (AMI).
Listing is for both 318 and 324 N Arthur. Great location for multi-family development with existing SFR. Centrally located near arterials to highway and bus routes. Walking distance to Kamiakin High School, grocery stores, shopping, restaurants, banking & medical clinic. 1.63 total acres zoned RH. Current SFR may need to be removed to develop.
Great little office space with a view, located near the Cable Bridge. 2nd Floor space available and divisible into two separate offices. Yard and garage space available and negotiable for price to add to the office space.
Property consists of 3 warehouse bays to the east side of the building, office space in the middle and 2 smaller bays on the west side of the building. Newly remodeled back office that leads to the larger section of warehouse. Space is currently operating as a car dealership and once leased the dealership will relocate. Additional parking can be negotiated if needed. Currently zoned UMU.
Class A office space, centrally located available March 1st, 2020. Multiple office layout configurations available. Estimated traffics counts +/- 19,000 cars per day. Floor plans are available, please contact Listing Broker.
Great opportunity for your business in historic downtown Kennewick storefront! 2,900 square feet featuring mainly open space in front with full glass street frontage. Smaller rooms in back and two restrooms. Rear exit with additional parking. New HVAC throughout
This space is located on the basement floor of a medical building. The space for lease has it's own entrance, restroom, office, wet room and conference room. Plus a washer and dryer. This would be a great space for a small massage therapy clinic, counseling office or anyone needing a small space for their business.
Commercial and Multi-Family Development Site: 9.18-acre parcel zoned Commercial Community (CC), which allows for a variety of commercial and multi-family uses
Favorable Density Provisions: The CC Zoning does not restrict the limits on building height, setbacks, lot coverage or parcel size. It also allows for a maximum floor area ratio 80%.
Commercial Uses: Zoning allows for a wide range of commercial uses such as restaurants, retail, big-box retail, professional and medical office, hospitals, clinics, pharmacies, breweries, wineries, schools, mini-storage, schools and more
Residential Uses: Zoning allows for residential uses such as hospitality, nursing homes, group homes mixed-use multi-family, accessory dwelling units and more
Owner/user opportunity in prime Community Commercial space right off Highway 395 in Kennewick. Large shop/warehouse with 11' ceilings, 2 roll up doors (one back and one front), and 1,044 sq ft showroom in front portion of the building. Other end cap of building is long term restaurant tenant for great investment. HVAC in showroom and restaurant space. No HVAC in shop/warehouse space. Lease and financial information provided with signed NDA. Check out the video tour!
14,400 SF building built in 2004 and sits on over an acre. The 130 x 124' square building has been home to retail tenants of the past and most recently, Goodwill. The building is wide open with an industrial chic vibe, nice bathrooms and a back warehouse. There are 35 parking stalls that surround the building and a loading bay in the rear. Columbia Industries (Landlord) occupies the buildings to the East of this subject. Landlord is planning on creating a new parcel that is separate from the 5500 SF warehouse to the East and will make sure access is shared and secure, utilities will be separated as well. This main building could be a variety of business uses and could take advantage of the well maintained shell.
Free standing building with zoning that allows numerous uses. Great location with highway visibility, 50+ parking stalls, outside patio, and very good daytime population within 5 minute drivetime. Kitchen area is well designed for ease of operation. You can replace the equipment to fit your style restaurant. An option to repurpose the building is available under the right terms and conditions. Please do not disturb the employees/customers. Call LA for showing.
Industrial warehouse/facility for sale in Kennewick. 5 buildings available with over 209k SF between the warehouses, offices, employee and food lab area. The N. warehouse has 56k SF of cold storage that has tank storage capabilities. The S. warehouse is the focal point for most users that sprawls 90k SF over two floors of warehouse. Loading docks & doors. Opportunity zone!
Well located retail/office mall location on Clearwater Avenue with stucco exterior. Great investment property. Parking lot recently redone and ample parking with over 75 spaces. Stable occupancy currently at 97% and steady performance. Large sign on Clearwater as well as signs on each suite. Anchored by health clinic with long term lease. Call LA for details on assumable financing.
Pre-Leasing Class A Office space located on the corner of Grandridge Blvd and Center Parkway. Excellent Signage and TI's Negotiable. First Tenant to occupy the building receives special incentives, must be 4,000 RSF - 10,000 RSF user to initiate project.
New 4,500 square foot pad site to be built next to Texas Roadhouse. Owners are willing to divide the space or you can utilize the whole pad. Great visibility, signage, traffic counts, daytime population, and traffic derived from both Ranch and Home and Texas Roadhouse.
Recently Renovated and Move in Ready. Main building features 1640 sf of pristine showroom/office space as well as 3,840 sf shop with 3 overhead doors. Property features a 2nd shop that is 1,080. All on a fully fenced yard with two gates.