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Bldg 1 1992 Saint St 19,720 SF 100% Leased Flex Building Richland, WA 99354 $5,580,800 CAD ($283.00 CAD/SF) 6.22% Cap Rate

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EXECUTIVE SUMMARY

PROPERTY IS LEASED TO THE RICHLAND SCHOOL DISTRICT THROUGH MAY
2028. Office/Warehouse property sitting on 1.53 acres. Highway 240 frontage
with two access points on Saint Street. Two 8,200square foot levels of nicely
finished well functioning office space. Space can be demised for multiple users if
desired. Warehouse is 3,720 sf and has a restroom. Building has a 100 panel 30
kW solar system that was installed in 2021.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $5,580,800 CAD
Price Per SF $283.00 CAD
Sale Type Investment
Cap Rate 6.22%
Property Type Flex
Building Class C
Lot Size 1.53 AC
Rentable Building Area 19,720 SF
No. Stories 2
Year Built 1993
Zoning 57

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
134081013583001
Land Assessment
$134,835 CAD
Improvements Assessment
$1,602,811 CAD
Total Assessment
$1,737,647 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 37858233

  • Date on Market: 2025-09-28

  • Last Updated:

  • Address: 1992 Saint St, Richland, WA 99354

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