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Southgate Center 905 S 2nd Ave 32,695 SF 100% Leased Retail Building Walla Walla, WA 99362 $3,901,597 CAD ($119.33 CAD/SF)
EXECUTIVE SUMMARY
This property is located in a well-established part of the Walla Walla community with neighborhood business located in the complex.
5,104 SF of this shopping center is leased to two long-term tenants, and 2,035 SF to short-term tenants, providing day one revenue.
The remaining complex offers 24,322 SF of vacant space currently demised into 3 spaces for a combination of owner occupied and/or tenant spaces.
Historically this shopping center has been anchored by a long-term grocery store tenant who has chosen to retire.
This property is ready for the next generation of ownership to create a viable real estate income investment.
5,104 SF of this shopping center is leased to two long-term tenants, and 2,035 SF to short-term tenants, providing day one revenue.
The remaining complex offers 24,322 SF of vacant space currently demised into 3 spaces for a combination of owner occupied and/or tenant spaces.
Historically this shopping center has been anchored by a long-term grocery store tenant who has chosen to retire.
This property is ready for the next generation of ownership to create a viable real estate income investment.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
32,695 SF
Building Class
C
Year Built
1950
Price
$3,901,597 CAD
Price Per SF
$119.33 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
2.94 AC
Zoning
Highway Commercial
Bike Score®
Biker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 360729420121 | Improvements Assessment | $1,345,671 CAD |
| Land Assessment | $744,303 CAD | Total Assessment | $2,089,973 CAD |
PROPERTY TAXES
Parcel Number
360729420121
Land Assessment
$744,303 CAD
Improvements Assessment
$1,345,671 CAD
Total Assessment
$2,089,973 CAD
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Southgate Center | 905 S 2nd Ave
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