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322/324 W Kennewick Ave Kennewick, WA 99336
7,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $111
MLS Listing ID 289340
HOA Y/N No
Year Built 1945
Annual Tax Amount $2,577
Lot Size 3,920 Sqft
Acres 0.09
Property Description
MLS# 289340 MLS #283254. Discover a prime investment opportunity in downtown Kennewick with this landmark mixed-use property. Featuring retail space on the ground floor and five apartment units above, this building offers versatility and income potential. Currently generating a Net Operating Income (NOI) of $49,000 with a 6.12% cap rate, it is a fantastic value-add project for investors. Located in the vibrant Parkade area, this property benefits from high visibility and foot traffic, along with ample parking for tenants and customers. Built in 1945, the building spans 7,200 sq. ft. on a 0.09-acre lot. Don't miss your chance to own this iconic property!
Location
State WA
County Us
Interior
Inclusions Building
Exterior
Parking Features 11 - 20 Spaces
Others
Acceptable Financing Exclusive Right
Listing Terms Exclusive Right
Listed by StrickerCRE