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Development Opportunity Downtown 301 E Yakima Ave 38,443 SF Office Building Yakima, WA 98901 $3,924,760 CAD ($102.09 CAD/SF)



Investment Highlights
- Development Opportunity
- Over 38,000 square feet
- Opportunity Zone
- Excellent, high visibility location
- Ample covered parking
- Part of Main Street
Executive Summary
Attention developers, investors, and visionary business owners. Welcome to 301 E. Yakima Avenue, a rare opportunity to acquire or lease one of downtown Yakima's most prominent commercial properties. Offered for sale or lease for the first time, this landmark property occupies a prime, high-visibility location along one of Yakima's busiest corridors in the heart of the Central Business District. Positioned within a federally designated Opportunity Zone, this exceptional property offers outstanding potential for redevelopment, adaptive reuse, or long-term investment. With over 38,000 square feet spanning a full basement, main level, and second floor, the flexible layout provides endless possibilities for a wide range of commercial and mixed-use projects. Potential uses include senior living, multifamily apartments, medical or professional offices, trade or higher education facilities, retail, restaurants, entertainment venues, data centers, self-storage, fulfillment or distribution centers, and much more. Located in the economic hub of Eastern Washington, Yakima continues to experience growth while serving as a regional center for business, healthcare, education, agriculture, and commerce. Whether you're looking to restore an iconic building, establish a flagship location, or create a transformative mixed-use development, 301 E. Yakima Avenue provides the scale, location, and opportunity to bring your vision to life.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
38,443 SF
Building Class
A
Year Built/Renovated
1960/2000
Price
$3,924,760 CAD
Price Per SF
$102.09 CAD
Building Height
2 Stories
Typical Floor Size
15,500 SF
Building FAR
2.60
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Amenities
- Bus Line
- Conferencing Facility
- Security System
- Signage
- Skylights
- Kitchen
- Storage Space
- Fully Carpeted
- High Ceilings
- Direct Elevator Exposure
- Natural Light
- Partitioned Offices
- Plug & Play
- Reception
- Recessed Lighting
- Wi-Fi
- Air Conditioning
- Balcony
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Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 191319-21503 | Total Assessment | $1,972,397 CAD |
| Land Assessment | $314,260 CAD | Annual Taxes | -$38,443 CAD (-$1.00 CAD/SF) |
| Improvements Assessment | $1,658,137 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
191319-21503
Land Assessment
$314,260 CAD
Improvements Assessment
$1,658,137 CAD
Total Assessment
$1,972,397 CAD
Annual Taxes
-$38,443 CAD (-$1.00 CAD/SF)
Tax Year
2026
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Development Opportunity Downtown | 301 E Yakima Ave
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