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Investment Highlights

  • Offered at a below market price based on approximately $29/SF attributable to the improvements.
  • Direct rail access to the building with a rail loading pad.
  • Strong location with excellent access to and minutes away from Interstate 82, Highway 24 and Highway 12.
  • Approximately 24 ground level doors, 9 dock-high doors and varying ceiling heights between approximately 16 – 28-feet.
  • Heavy power including 480 volts and 3-phase.
  • Includes 6 cold storage rooms and 6 ripening rooms.

Executive Summary

THIS OFFERING is for the opportunity to purchase an industrial facility historically owned and occupied by Del Monte previously utilized for canning and manufacturing and most recently for traditional warehouse storage with some cold storage and ripening rooms.
Located just minutes from downtown Yakima, the property benefits from rail access, heavy power and excellent proximity to the nearby interstate and highways.
The improvements consist of an approximately 402,510SF manufacturing or storage warehouse, 28,384SF of cold storage and ripening rooms and a trio of small buildings totaling 3,090SF.
A nearby approximately 208,849SF manufacturing or warehouse facility is also available as a separate offering and can be combined with this purchase.

Property Facts

Price $17,605,529 CAD
Price Per SF $40.57 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype
Food Processing
  • Industrial Distribution
  • Industrial Refrigeration ColdStorage
  • Industrial Warehouse
Building Class C
Lot Size 22.64 AC
Rentable Building Area 433,984 SF
No. Stories 1
Year Built 1965
Zoning M-1

Amenities

  • Fenced Lot
  • Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
191321-22422
Land Assessment
$2,733,532 CAD
Improvements Assessment
$12,464,211 CAD
Total Assessment
$15,197,743 CAD
  • Listing ID: 40927327

  • Date on Market: 2025-06-18

  • Last Updated:

  • Address: 2506 Terrace Heights Dr, Yakima, WA 98901

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