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Former Del Monte Facility | Fully Vacant 49 E 3rd Ave 272,576 SF Vacant Industrial Building Online Auction Sale Toppenish, WA 98948
Investment Highlights
- Previously occupied by Del Monte, investors and owners can capitalize on this modern, dock-high warehouse with BNSF rail access.
- Area demographics bode well for investors and businesses with a strong in-place population and workforce of 11,009 employees within 10 miles.
- Broad M2 zoning in Toppenish allows for many potential uses of this site ranging from manufacturing to distribution.
- Equipped with heavy power, dock-high and drive-in loading, 38-40’ clear heights, abundant yard, and multiple points of ingress and egress.
- Toppenish, in the Yakima Valley, offers a prime site for warehouse investment with easy distribution access to the west coast.
Executive Summary
Investors looking for their next opportunity, or businesses searching for operational space will find this former Del Monte facility an excellent option.
49 E 3rd Avenue is a premier facility located in Toppenish, Washington, encompassing 272,576 square feet on a single level. Originally built in 1995 and meticulously maintained by Del Monte since, this property serves as a key asset within the community. Situated on 22.17 acres, it provides an optimal environment for various operations. The property features a 2,500-square-foot office, six dock doors, six grade-level doors, clear heights ranging from 38 to 40 feet, eight rail doors, and advanced LED lighting throughout. Ample outdoor space and parking are available for both operational needs and employee vehicles. Zoned M-2, the property is well-positioned for continued industrial use. In Toppenish, WA, Heavy Industrial (M-2) zoning supports intensive manufacturing, processing, warehousing, and heavy trucking operations. This property presents buyers with an opportunity to invest by offering a rare, high quality, leasing opportunity or utilizing the space for their own business needs.
This site offers prime advantages for buyers, with direct BNSF rail access enabling efficient intermodal distribution and operations. The Route 22 and 97 Interchange is only 1.5 miles away, further streamlining transportation logistics, while Interstate 82 is accessible within 5 miles. Multiple major cities like Yakima, Ellensburg, Tri-Cities, Seattle, Portland, and Spokane can be reached by road and rail, providing broad market connectivity. Surrounding the property, a range of corporate distribution centers including Walmart, ACE Hardware and Amazon showcase the area’s strategic position.
Situated in the Yakima Valley, the property benefits from its location in a major food processing and agribusiness hub as well as a regional center for warehousing and manufacturing. With support from one of the most productive agricultural areas in the country, the region provides access to a skilled workforce, plentiful water supply, and connections via BNSF rail. These combined features establish Yakima Valley as an efficient and strategically located base for regional distribution and industries focused on exports.
Property tours are available by appointment only. Please contact the listing broker to schedule.
49 E 3rd Avenue is a premier facility located in Toppenish, Washington, encompassing 272,576 square feet on a single level. Originally built in 1995 and meticulously maintained by Del Monte since, this property serves as a key asset within the community. Situated on 22.17 acres, it provides an optimal environment for various operations. The property features a 2,500-square-foot office, six dock doors, six grade-level doors, clear heights ranging from 38 to 40 feet, eight rail doors, and advanced LED lighting throughout. Ample outdoor space and parking are available for both operational needs and employee vehicles. Zoned M-2, the property is well-positioned for continued industrial use. In Toppenish, WA, Heavy Industrial (M-2) zoning supports intensive manufacturing, processing, warehousing, and heavy trucking operations. This property presents buyers with an opportunity to invest by offering a rare, high quality, leasing opportunity or utilizing the space for their own business needs.
This site offers prime advantages for buyers, with direct BNSF rail access enabling efficient intermodal distribution and operations. The Route 22 and 97 Interchange is only 1.5 miles away, further streamlining transportation logistics, while Interstate 82 is accessible within 5 miles. Multiple major cities like Yakima, Ellensburg, Tri-Cities, Seattle, Portland, and Spokane can be reached by road and rail, providing broad market connectivity. Surrounding the property, a range of corporate distribution centers including Walmart, ACE Hardware and Amazon showcase the area’s strategic position.
Situated in the Yakima Valley, the property benefits from its location in a major food processing and agribusiness hub as well as a regional center for warehousing and manufacturing. With support from one of the most productive agricultural areas in the country, the region provides access to a skilled workforce, plentiful water supply, and connections via BNSF rail. These combined features establish Yakima Valley as an efficient and strategically located base for regional distribution and industries focused on exports.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Title and Insurance
- Miscellaneous
Market Analytics Click Here to Access
Property Facts
Amenities
- 24 Hour Access
- Fenced Lot
- Signage
- Yard
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Demographics
Regional Accessibility
City
Population
Miles
Drive Time
Seattle
744,955
163
3 h 8 m
Portland
653,115
166
3 h 19 m
Tacoma
216,279
178
3 h 33 m
Spokane
219,190
203
3 h 49 m
Boise
228,790
331
6 h 16 m
Reno
250,998
606
12 h 24 m
Access and Labor Force
10 Miles
Total Population
38,475
Total Labor Force
17,155
Unemployment Rate
8.87%
Median Household Income
$61,678
Warehouse Employees
2,811
High School Education Or Higher
65.00%
$ values in USD
Sale Advisors
Sale Advisors
Michael Roy, Principal
Mike has been practicing industrial real estate brokerage since 1990 when he started in the research department at CBRE, and left as a Vice President nine years later. Following a stint at Trammell Crow Company, Mike left TCC to open the office of Neil Walter Company, acting as the Managing Principal there for over 17 years before reuniting with his former colleagues at KBC. Through these periods and to the present, Mike has balanced a healthy corporate advisory business—his clients have included Coca-Cola, JELD-WEN, and WinCo Foods, among others—with a strong base of institutional listing clients such as Prologis, Terreno, DeutscheBank, and Fortress. Mike is well-known in the industry for his honesty and integrity, and he takes great pride in the quality and duration of his relationships within his professional circle.
Mike has been a Costar Power Broker nearly every year since the inception of the award, is a current Commercial Brokers Association (CBA) Board member, and is a past President of the Washington State Commercial Association of Brokers (WSCAR). He resides in Issaquah with his wife, Heather, and has three teenage children, all of whom are now better snow skiers and wake surfers than he is, which is a source of both pride and consternation for him.
Mike has been a Costar Power Broker nearly every year since the inception of the award, is a current Commercial Brokers Association (CBA) Board member, and is a past President of the Washington State Commercial Association of Brokers (WSCAR). He resides in Issaquah with his wife, Heather, and has three teenage children, all of whom are now better snow skiers and wake surfers than he is, which is a source of both pride and consternation for him.
Hans Vieser, Broker
Prior to joining KBC Advisors, Hans started his commercial real estate career
at CBRE in market research. Shortly after, he transitioned into industrial
brokerage in the Seattle Close-in and Kent Valley markets, earning CBRE’s
Rookie of the Year honor in 2018.
At KBC, Hans provides representation and advisory services to institutional
investment firms and Fortune 500 occupiers within the logistics, supply
chain, and e-commerce space. His experience spans the Pacific Northwest,
consulting clients in build-to-suit projects, distribution network strategy, and
development site sourcing in addition to local agency leasing and tenant
representation in the Seattle Market. Hans’ career has been blessed with opportunities to work on many of the largest and most complex industrial real estate projects in his
region.
When not in the office or chasing around an energetic toddler, Hans does
his best to find time to enjoy is many passions outdoors such as backcountry
skiing, whitewater kayaking, climbing, surfing, and traveling abroad to
warmer places. After graduating from the University of Montana, Hans
worked for several years as a Fly-Fishing Guide in Sun Valley, Idaho.
at CBRE in market research. Shortly after, he transitioned into industrial
brokerage in the Seattle Close-in and Kent Valley markets, earning CBRE’s
Rookie of the Year honor in 2018.
At KBC, Hans provides representation and advisory services to institutional
investment firms and Fortune 500 occupiers within the logistics, supply
chain, and e-commerce space. His experience spans the Pacific Northwest,
consulting clients in build-to-suit projects, distribution network strategy, and
development site sourcing in addition to local agency leasing and tenant
representation in the Seattle Market. Hans’ career has been blessed with opportunities to work on many of the largest and most complex industrial real estate projects in his
region.
When not in the office or chasing around an energetic toddler, Hans does
his best to find time to enjoy is many passions outdoors such as backcountry
skiing, whitewater kayaking, climbing, surfing, and traveling abroad to
warmer places. After graduating from the University of Montana, Hans
worked for several years as a Fly-Fishing Guide in Sun Valley, Idaho.
About the Auction Technology
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Auction Contact
Molly Patten
Contact
Auctioneer License:
Ten-X, LLC DBA Ten-X Commercial, LLC Jessica Anne Figueroa RE Brkr 19986. Ten-X, LLC DBA Ten-X Commercial, LLC Auction Firm 2451
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Former Del Monte Facility | Fully Vacant | 49 E 3rd Ave
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Former Del Monte Facility | Fully Vacant | 49 E 3rd Ave
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