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1329 Lee Blvd
Richland, WA 99352
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime corner location with high traffic visibility
- Strong demographics with household incomes over $100K
- Drive-thru feature ideal for retail or service use
- Flexible zoning for multiple commercial uses
EXECUTIVE SUMMARY
This 17,494 SF freestanding building presents a rare investment opportunity in Richland’s dynamic commercial corridor. Positioned on a prominent corner lot with a drive-thru and 60 parking stalls, the property offers exceptional visibility and accessibility. The 1.54-acre site is zoned Business Commercial, allowing for a wide range of uses and future redevelopment potential. Located near major retailers, schools, and the Columbia River, the asset benefits from strong demographics and traffic counts exceeding 20,000 vehicles per day. Offered at $4.5 million, this property combines strategic location, modern construction, and high-income trade area fundamentals, making it an attractive acquisition for investors or owner-users seeking long-term value in a thriving Tri-Cities market.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
17,494 SF
Building Class
B
Year Built
2005
Price
$6,281,640 CAD
Price Per SF
$359.07 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.64 AC
Zoning
BC - Business Commercial -
most uses allowed
Parking
60 Spaces (3.43 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 111983020403003 | Improvements Assessment | $5,243,185 CAD |
| Land Assessment | $1,514,709 CAD | Total Assessment | $6,757,894 CAD |
PROPERTY TAXES
Parcel Number
111983020403003
Land Assessment
$1,514,709 CAD
Improvements Assessment
$5,243,185 CAD
Total Assessment
$6,757,894 CAD
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