Kirkland Industrial for Sale - Bothell/Kenmore

Property Subtype:

Warehouse

Date on Market:

2025-12-12

Burien Multifamily for Sale - Seatac/Burien

Berkadia presents Van Lloyd Apartments, a best-in-class 12-unit multifamily investment located in Burien’s dynamic Midtown neighborhood. This extensively renovated boutique community—available free and clear or with attractive loan assumption—combines top-tier unit finishes, proven operational upgrades, and strong income potential. Between 2021 and 2025, the current owner invested over $375,000 ($31,250+/unit) in comprehensive interior and exterior capital improvements. Each renovated apartment features white shaker cabinetry, quartz countertops, decorative tile backsplashes, stainless steel appliances, vinyl plank flooring, in-suite washers and dryers or hookups, LED lighting, and dual-pane windows—upgrades that demand higher rental rates and attracting high-quality residents. Extensive mechanical upgrades beyond aesthetics including new electrical systems, plumbing, heating, water heaters, and a TPO membrane roof, which reduce operating costs and ensure stability for years to come. The property offers a desirable 75%/25% mix of one- and two-bedroom floorplans averaging 642 square feet, exceptional parking, and proven market rent premiums ($150 per unit per month) for the four units with in-suite washers and dryers. Ownership has demonstrated upside through continued amenity additions, and eight additional washer/dryer installations stand ready to immediately increase Net Operating Income and asset value. Qualified buyers can assume a Freddie Mac Small Balance Loan at 4.06% interest, locked until September 2029, which provides ongoing stability during volatile interest rate periods. With its strategic location, extensive renovations, and robust operational profile, Van Lloyd Apartments offers an outstanding investment for private or institutional buyers who seek strong day-one cash flow, capital appreciation, and turnkey ease of management in the heart of Burien. Van Lloyd Apartments sits in vibrant Burien and benefits from unmatched connectivity to key economic centers, including the Seattle-Tacoma International Airport (SEA) and downtown Seattle. The local economy thrives on retail and healthcare sectors, which provide a strong employment base and support rental growth. Burien's favorable cost of living and expanding, affluent renter base further strengthen the property's investment potential, making Van Lloyd a prime candidate for investors seeking long-term value and growth in the multifamily market INVESTMENT HIGHLIGHTS: · Prime Location: Van Lloyd stands as a rare find in Burien—a well-maintained asset with pride-of-ownership quality and future upside. The property sits close to the Highline School District, attractive retail options, and major employment hubs across diverse sectors, including travel and tourism, healthcare, tech, private education, and manufacturing. · Significant Capital Investments: Ownership has completed over $375,000 in recent capital improvements, including upgraded electrical, plumbing, and heating systems, a new TPO roof, double-pane windows, and enhanced stormwater drainage. Additional improvements—including refreshed landscaping, privacy fencing, exterior paint, and a newly paved parking lot—reduce maintenance costs, enhance curb appeal, and ensure long-term asset stability. · Interior Renovations with Proven Rental Upside: Ownership has renovated 11 of 12 units, and the highest-performing units now command near top-of-market rates. Recent interior upgrades—including shaker-style cabinetry, quartz countertops, decorative tile backsplashes, stainless steel appliances, vinyl plank flooring, and LED lighting—drive rent growth. Four of the twelve units include washers and dryers. · Desirable Unit Mix: Van Lloyd offers a desirable blend of one- and two-bedroom units averaging 642 square feet. In-place rent represents only 14.9% of average household income, which indicates strong affordability and room for future rent increases. · Turnkey Asset with Minimal Deferred Maintenance: Van Lloyd delivers immediate positive cash flow at a true cap rate north of 6% with no deferred maintenance or capital concerns. The property offers immediate rental upside by pushing rents to market ($125 per unit average) and installing in-unit washers and dryers in the remaining units. · Favorable Demand vs. Supply Balance: Demand in the Burien submarket consistently matches or exceeds new supply, keeping occupancy high. Forecasters project net absorption will average 123 units per year through 2029, minimizing oversupply risk and supporting continued rent growth. · Existing Assumable Debt: Qualified buyers can assume approximately $1.55M in debt with nearly four years remaining at a 4.06% fixed rate. · Employer Arterial: Burien sits near Seattle-Tacoma International Airport (SEA) with excellent transportation infrastructure. The city hosts nearly 2,000 businesses that employ over 15,000 residents, supports 174,950 total jobs, and generates $33.4 billion in total business output.

Property Subtype:

Apartment

Date on Market:

2025-12-01

Ilwaco Retail for Sale

The iconic Doupe Building is a ~ 18,000 sq. ft. property comprised of two connected buildings and a private parking lot, in the midst of transformation and ready for your vision. One luxury apartment and one commercial space are completed and operating with instant cash flow. Zoned for mixed-use, commercial plus short- or long-term rentals. ~ 10,000 sq. ft of commercial space, with potential for seven more apartments upstairs, and the possibility of multiple commercial spaces and apartments on the main floor. The roof, skylights, fire suppression system, and water mains are all new. Motivated seller willing to review all offers, including creative financing and partnership. List of upgrades available.

Date on Market:

2025-11-04

Seattle Multifamily for Sale - Capitol Hill/Central Dist

814 E Howe Street offers a serene, parklike setting, while providing convenient access to the South Lake Union and Downtown Seattle employment centers, as well as easy access to Interstate 5, State Route 520, and Eastside employers. The property has undergone a variety of system updates and remodeling efforts in the past 15 years. These include updates to the sewer, plumbing, and main water line systems, as well as the construction of new retaining walls and the installation of a new patio. Significant renovations have been made to three of the five units, while the other two apartments have benefited from some updates and upgrades. Additionally, in 2023, the common laundry room was updated with new machines. Any of the three oversized two-bedroom homes would make for an excellent Lake Union view owner-occupant opportunity. Units showcase classic oak floors, 9-foot ceilings, and updated dual-pane windows. Select units boast remodeled kitchens, new baths, and the added convenience of in-unit laundry. Multiple apartments offer sweeping views of Lake Union and the city skyline. Parking is provided via a two-vehicle garage and three additional off-street spaces. While profitable in its current operations, the new operator of 814 E Howe Street will have the likely opportunity for 10%+ upside in the form of raised rents, charging for parking, and implementing a utility bill-back program. (Notes: Open 1-bed unit is legally a studio. The two 2-bed/1-bath units also feature dens. Seller prefers Chicago Title for title and escrow. Buyer to verify all information.)

Property Subtype:

Apartment

Date on Market:

2025-11-04

Moses Lake Office for Sale

Marcus & Millichap's Brown Retail Group has been selected to exclusively market for sale the Department of Social & Health Services (DSHS) facility located in the rapidly growing Moses Lake, Washington, sub-market. This Property was a build-to-suit location for DSHS, situated on a spacious 3.26-acre lot with ample parking (roughly 185 parking stalls). The Seller recently completed renovations throughout the entire property including: parking lot, landscaping, HVAC maintenance, and lighting throughout the facility. DSHS recently renewed their lease for an additional five years, with a notable 17.5% rental increase over the previous term. The lease is guaranteed by the State of Washington, which has a Fitch rating of AA+. Moses Lake currently boasts a low 2.3% vacancy rate, with rental rates increasing 12.5% cumulatively over the last three years (source: CoStar). Ideally positioned off State Highway 17, a major Moses Lake arterial, the Property is approximately one mile from Interstate 90, the nation's largest and most trafficked Interstate.

Date on Market:

2025-10-29

Tacoma Multifamily for Sale - Tacoma Suburban

The Chandler Street Apartments features eight 1-bedroom/1-bath units, which have been updated with new LVP hardwood flooring, kitchen countertops, and bath cabinetry. Exterior improvements include new paint, repaved and striped parking lot, and secure gated entry. The property is 100% occupied with low turnover, offering income stability and a current 5.79% cap rate with upside to 6.54%. Tenants enjoy on-site laundry, storage, and off-street parking. Centrally located near I-5, SR-16, transit, shopping, and dining.

Property Subtype:

Apartment

Date on Market:

2025-10-24

Spokane Retail for Sale - SW North Metro

Prime investment opportunity. Multi use zoning for commercial or residential development. Medical, retail, fast food, housing complex and many other available uses. New parking lot, new siding, new roof, strong structure. Large traffic count on N Division with strong visibility from Mission Ave cross section. Busy area near college and downtown.

Date on Market:

2025-10-09

Chehalis Multifamily for Sale

10-unit apartment complex with great rental history. Amazing investment without the headache. So much maintenance and updating has been done. Room to raise rents for additional upside potential. New siding, new insulation. All electrical updated: new exterior meters, new interior panels, new grounding rods. New roofs for both buildings. New main sewage and drainage lines. New windows - vinyl & double-paned. Ductless mini-split heat pumps for all units, providing AC/heat. Fresh landscaping. 22 space parking lot. Walking distance to schools, parks, restaurants, grocery and minutes from I-5. Don't miss this opportunity!

Property Subtype:

Apartment

Date on Market:

2025-10-09

Richland Office for Sale

MLS 287854 - Located across from Kadlec Regional Medical Center, this two-story professional building offers high visibility in Richland’s core medical and office district. Featuring approx. 8,543 SF, the flexible layout accommodates medical, dental, or general office use with private offices, exam rooms, reception, and potential for multi-tenant occupancy. Exterior upgrades recently completed include a refreshed façade and newly resurfaced asphalt parking lot.

Date on Market:

2025-10-02

Snoqualmie Retail for Sale - E King County

Prime retail center in the heart of downtown Snoqualmie. Rare property with spacious parking lot drawing lots of tourists and locals. Property is just across from the Railroad Museum, and minutes from the Snoqualmie Falls, which helps to draw over 1.5 million visitors to town every year. Great retail mix with very established tenants that have a huge following in the valley. Recent upgrades in 2025.

Property Subtype:

Supermarket

Date on Market:

2025-10-02

Washougal Office for Sale - Camas/Washougal

Two parcels with parking lot and 2 Story Mixed-Use building anchored by Washougal Chiropractic and Craig's Plumbing Solutions along with Country Financial, Innovative Leak Detection and a rented 2 BR apartment. The second floor also has three +/-525 SF office spaces available for lease (Seller will consider a master leasing the vacant units for up to 12 months). There are 3 undeveloped parcels totaling +/-18,731 SF. City of Washougal minimum lot size to build upon in GC zoning is 5,000 SF. BLA may be needed. Recent updates include new metal roof, reframed & weather proofed balcony, parking lot reseal & stripe.

Property Subtype:

Loft/Creative Space

Date on Market:

2025-09-18

Bellingham Industrial for Sale - North Bellingham

Single-Tenant NNN Leased Property with 3% annual increases. Six-year lease commenced May 1, 2025. 4 brand new HVAC Units . Premier location near I-5 in central Bellingham. 47,807 SF building with 29,950 SF Warehouse, 16,916 SF Office (Ground and Mezzanine) and 941 SF of covered loading dock. Large paved parking lot with approx. 70 parking spaces. Property is fully fenced, with entrance onto Kentucky St. Heavy Power in the building (480V, 1,600 Amp). Elevator on South wing. Warehouse space is Sprinklered and plumbed throughout with pneumatics. Fully insulated structure (including roof). Covered loading dock has two truck wells.

Property Subtype:

Warehouse

Date on Market:

2025-09-09

Deer Park Specialty for Sale - Outside Metro North

Deer Park Mini-Storage & Light Industrial PropertyFor Sale: $3,200,000 1109 N. Cedar Road, Deer Park, WA 99006(Spokane County | APN: 26364.0024) Prime Investment Opportunity: Versatile Light Industrial Site with Self-Storage Income & Live-Work AppealDiscover this exceptional 8.88-acre light industrial property, strategically located across from the Deer Park Airport in the growing Inland Northwest market. Zoned LI (Light Industrial), this site offers a rare blend of operational flexibility, steady income from an 80-unit self-storage business generating approximately $60,000 annually, and premium live-work amenities following a major 2023 remodel. Ideal for investors, owner-operators, or developers seeking expansion potential with 5.05 acres of surplus land ready for additional storage units, yard storage, or industrial operations. Key Property Features Site & Land: 8.88 acres (386,813 sf) total, including 3.83 acres of primary improved land and 5.05 acres of surplus/developable land. Level topography with excellent access via Cedar Road, just 1,700 ft north of Airport Road. Ample space for outdoor storage, expansion, or airport-related uses. Warehouse/Office Building: 15,400 sf (built 1990, expanded/remodeled 2023). Features a state-of-the-art 3,400 sf high-end office/living space with radiant floor heating, 9-ft walls, gourmet kitchen, and modern finishes—perfect for a caretaker residence or on-site business management. The remaining 12,000 sf warehouse offers functional space for light industrial activities, with recent upgrades including new landscaping, parking lot, and entrance for enhanced curb appeal and usability. Self-Storage Facilities: Two buildings (built 1995) totaling 10,296 sf with 80 units (two 5,148 sf buildings, 40 units each). Low-maintenance, high-demand asset in a market with 8-10% vacancy and strong occupancy potential from local residents and airport users. Condition & Utilities: Overall good/superior condition post-remodel. Well-maintained with average original components upgraded for extended usability. Utilities include city water, sewer, 3 phase electricity; no known soil contamination (per 2020 appraisal extraordinary assumption). Highest & Best Use: Existing light industrial and mini-storage operations, with surplus land supporting expansion (e.g., additional storage buildings). Location Highlights Strategic Positioning: Directly opposite the Deer Park Airport entrance, providing visibility and convenience for aviation-related businesses or users. Situated in a low-population area with abundant vacant land, yet only 20-30 minutes from Spokane's urban amenities, major highways (US-395), and growing industrial hubs. Market Advantages: Benefits from Spokane's resilient commercial real estate trends, including e-commerce-driven demand for storage and industrial space. Low self-storage vacancy in the area (8-10%) and proximity to airport could boost specialty occupancy (e.g., aircraft parts storage). Income & Investment Potential Current Revenue: Mini-storage business generates ~$60,000 annual income (assumed NOI), with room for growth through rate increases or additional units on surplus land. Warehouse/office space offers leasing potential at $8–$12/sf NNN, aligning with local industrial rents. Versatile Income Streams: Operate as-is for passive self-storage income, lease the warehouse for light industrial use, or utilize the live-work setup for owner-occupied efficiency. Expansion opportunities could add significant value in a market with modest rental growth (0.3-0.6% YoY). Value JustificationBased on a comprehensive market analysis as of September 7, 2025, this property's estimated market value of $3,200,000 reflects substantial appreciation and value-add since the 2020 appraisal ($1,550,000). Key factors include: Market Appreciation: Spokane-area industrial/self-storage values have risen 30-50% since 2020, driven by e-commerce recovery and demand for flexible spaces (per Yardi Matrix and StorageCafe reports). Comparable sales show self-storage at $6,000–$20,000/unit (e.g., a 236-unit Wenatchee facility sold for $4.9M or ~$20,763/unit in July 2025) and industrial/warehouse at $80–$200/sf (averaging $181/sf). Remodel Value-Add: The 2023 $600,000 self-performed remodel (equivalent to $900,000 bid cost then, ~$1.2M replacement today due to 33% construction inflation) transformed the property by scrapping the original 1,200 sf dated office and adding 2,200 sf net, creating a 3,400 sf high-end office/living area. This upgrade boosts appeal for live-work buyers, with ~75% cost recoup (net $900,000 added value) based on local trends where high-end fit-outs average $150–$350/sf. Component Breakdown: Real estate only valued at $2,900,000 (land $1,200,000 at $3.10/sf; warehouse/office $1,850,000 at $120/sf; self-storage $850,000 at $10,625/unit). Mini-storage business (going concern with leases and management) adds $300,000, capitalized at 20% on $60,000 NOI for operational risks. Market Resilience: Despite 6.4% industrial vacancy and flat rents ($8–$12/sf NNN), cap rates have compressed to 4.8-6.7% for quality assets. National self-storage sales surged 37% YoY in Q1 2025 ($855M total), with Spokane's below-average rates ($14–$16/sf annually) supporting stable income. Surplus land and airport proximity mitigate threats like supply abundance, positioning this as a high-potential asset. This property represents a turnkey investment with immediate cash flow and long-term upside—don't miss out! Contact for Details or Showing:Kevin EldredgePhone: 509-688-3498 | Email: kevin@discountaircraftsalvage.com

Property Subtype:

Self-Storage

Date on Market:

2025-09-07

Spokane Industrial for Sale - SE North Metro

Owner User or Investor opportunity located centrally in Spokane, WA. This 7,600 SF industrial building was originally constructed in 1954 (expanded in 1979 and 2001) offers immediate upside and value-add for investors or users. Benefit from the strategic location and access to major transportation routes, including the future US 395 under construction, offering convenience and connectivity for businesses. The property has been used as a custom cabinet shop for the past 20+ years and is currently occupied by Good Buddies Cabinets, which may require a short term leaseback post closing.

Property Subtype:

Service

Date on Market:

2025-09-03

Longview Retail for Sale - Cowlitz County

Long-established retail building located at 14th Ave Plaza is now available for sale! This property makes up two-thirds of the plaza and offers approx. 19,000 SF spread over two parcels with 14 tenant suites. It provides excellent visibility with strong signage opportunities, a large parking lot, and a shared parking easement. Currently offered at a 7.3% CAP rate, the property benefits from historically low vacancy and the potential for rental increases at lease renewals, presenting a compelling upside with a 9% proforma CAP rate. With the added potential to acquire the entire plaza, this property is a strong investment opportunity and a valuable addition to any portfolio. Call today to get more information on this property.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-08-28

Seattle Retail for Sale - Ballard/U Dist

8,165 SF commercial lot zoned NC3P-75 (M1) is currently built out with a dog groomer, photography studio, and a single-family residence. This offering is a fully leased opportunity to collect cash flow or hold as a covered land play. Built in 1937, the building houses 3 retail suites that have seen consistent tenancy for years (currently leased through 2026). Both commercial users on short term deals to allow for immediate redevelopment potential. The current configuration includes a rear parking lot with a single-family residence, adding additional rental income to the property. Positive cash flow day one, allows a developer flexibility to work on the project without bleeding capital on a property that sits vacant. Please use Steve Cory with Fidelity National Title.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-08-26

Tacoma Specialty for Sale - Tacoma CBD

Situated in the heart of downtown Tacoma, this former church property offers an excellent opportunity for owner-users, community groups, or redevelopment. The site consists of two parcels totaling 19,500 SF (0.45 acres) with DR (Downtown Residential) zoning. The existing building features a sanctuary with seating for ±200, dedicated kids’ space, offices, and hillside views. An adjacent parking lot is included, providing valuable on-site parking. Located near Bates Technical College, Tacoma Union Station, and the Port of Tacoma, this property offers strong visibility and accessibility in a growing urban corridor.

Property Subtype:

Religious Facility

Date on Market:

2025-08-25

Kennewick Sports & Entertainment for Sale

Now available—an exceptional opportunity to own the renowned Cable Bridge Casino site, located at the high-visibility corner of Gum Street and 1st Avenue. This iconic property has been brought to shell condition, offering a clean slate for redevelopment to your exact specifications. Featuring a spacious parking lot and a western-facing façade, the building benefits from excellent roadside exposure and natural light, ideal for attracting attention from passing traffic. Zoned Heavy Industrial, the site supports a wide range of approved light and heavy industrial uses, and retail is also permitted, making this a highly flexible investment opportunity. Unlock the potential of this landmark property—ideal for retailers, industrial users, or visionaries seeking a high-profile location with flexible use potential.

Date on Market:

2025-07-21

Pasco Retail for Sale

Prime Restaurant Opportunity In High-Traffic Location! Don't miss this rare chance to own a large, fully operational restaurant situated on a very busy street, ensuring high visibility. The interior has been beautifully updated, offering a modern and welcoming atmosphere for guests. This spacious establishment includes: multiple generous sized dining areas, a large kitchen facility with new appliances, a separate private bar area and a huge parking lot with parking for over 50 guests. Perfect for entrepreneurs or a restaurant looking to expand, this location is ideal for your concept. Whether you're launching a new brand or moving a successful operation, this opportunity combines prime location and strong potential for high returns. Please do not disturb employees or establishment. Schedule your own private showing today.

Property Subtype:

Restaurant

Date on Market:

2025-07-09

Pasco Specialty for Sale

Versatile Church Campus with Sanctuary, Classrooms, Kitchens & Secure ParkingDiscover a beautifully maintained and solidly constructed public assembly building, formerly home to The Salvation Army worship center. This impressive property spans two parcels, offering both a spacious church facility and a secure, fenced parking lot directly adjacent to the west.The main level welcomes you with a bright and open sanctuary featuring soaring ceilings and timeless architectural character—ideal for worship, community gatherings, or performance use. You’ll also find multiple private offices or classrooms, restrooms, and ample storage areas conveniently located on the same floor.The fully finished lower level expands the utility of this property even further, offering a generous dining hall, two functional kitchens, additional classroom or office spaces, and more storage to support a variety of uses.This property is well suited for continued use as a church, community center, non-profit headquarters, event venue, or educational facility. With its solid bones, thoughtful layout, and secured parking, the possibilities here are wide-ranging.Whether you’re looking to continue a legacy of service or reimagine the space for a new mission, this building offers exceptional potential in a flexible and well-cared-for setting.

Property Subtype:

Religious Facility

Date on Market:

2025-06-23

Camas Retail for Sale - Camas/Washougal

72% LEASED 8 spaces leased to a mix of service, convenience, and showroom tenants. ANNUAL RENT INCREASES WITH GREAT TENANT MIX 3-4% annual rent increases with some below market rents gives an investor an economic advantage to increase net operating income. GREAT LOCATION Excellent corner location with good access to HWY 14. Less than 1 mile from Washougal Waterfront Park. DEVELOPMENT OPPORTUNITY Potential development of south parking lot parcels totaling ± 32,670 SF. STRONG DEMOGRAPHICS Future job growth is projected to increase 40% over the next 10 years.

Date on Market:

2025-06-16

Pasco Office for Sale

ESD 123 is engaging K-12 teachers in groundbreaking, place-based professional learning experiences in collaboration with a variety of community partners. These programs focus on climate science, career connections, human impacts, and local resources, offering transformative learning opportunities for educators that translate into authentic, relevant instruction for their students.

Date on Market:

2025-06-03

Kirkland Office for Sale

Colliers International is pleased to present this opportunity to acquire an office building that sits in close proximity to downtown Kirkland. The offering includes a ±25,251 RSF building on 1.01 acres of land and an adjacent 0.23 acre parking lot. The building has 5,969 contiguous RSF available, plus an additional 4,092 RSF throughout, for an owner-user opportunity. Significant renovations to the building were completed in 2020. Located in the Kirkland submarket, it is just 15 minutes from downtown Bellevue and offers easy access to I-405 via NE 85th Street. Abundant shopping and dining at Kirkland Urban and downtown Kirkland are just minutes away. A new Bus Rapid Transit station at the intersection of I-405 and NE 85th is scheduled to open in 2027 providing improved accessibility for transit riders along the I-405 corridor and connection between Downtown Kirkland and Redmond.

Date on Market:

2025-05-21

Vancouver Office for Sale - Cascade Park

Discover an exceptional investment opportunity with this excellent condition, fully leased property in a great central location! This large 1.88 acre property includes ample parking, with 102 spaces. All suites are occupied, with 100% of the space on longer-term leases, allowing immediate positive cash-flow for investors at a current 6.6% Cap Rate! There is also some expandability for additional lease units. This two-story 20,904 SF building with 6 units is in great condition inside and out. It includes a charming and spacious entryway, common areas that include a conference room, big kitchenette, an elevator, and several Bathrooms (private ones upstairs and shared on main level). The office suites include private offices, open work areas, & conference rooms. Along with several private or shared use bathrooms and an elevator. It is located in a central and convenient location in the in the desirable Cascade Park area, just north of E Mill Plain Blvd. Easy access to downtown, I-5, and SR-14. And it is close to many amenities including retail, restaurants, office buildings, and mass transit. The 1.88 acre stunning Class B property boasts a large parking lot with parking at 4.88/1000. With its attractive features and strong financials, this property presents an enticing prospect for investors seeking a well-maintained and fully leased property in a thriving commercial area.

Date on Market:

2025-05-14