5110 Tieton Drive, Yakima, WA 98908

Active

5110 Tieton Drive, Yakima, WA 98908


Courtesy of: Robert Powers | Berkshire Hathaway HS CW RE
$4,600,000 Yakima, WA 98908
  • 2.39 Acres
  • Yakima County

Key Features

  • MLS ID: NWM1964798
  • Status: Active
  • Property Type: Commercial Sale
  • Area: 475 - Yakima County
  • Exterior: ["Cement/Concrete"]
  • Address: 5110 Tieton Drive , Yakima, WA 98908
  • City: Yakima
  • State: WA
  • Zip: 98908
  • County: Yakima

Description

Glenwood Square is a prize property that any investor would want in their portfolio. It has a 20 year track record of successful operation. To say it’s at the ‘core’ of Yakima is appropriate since it was once was an active apple warehouse. Refurbished in 1999, it is home to Zesta Cucina and Xochimilco, popular destination restaurants and long term tenants. Each adds color and culture to the environment and a steady flow of patrons daily. Pre-Covid NOI of Glenwood Square would put the current sale price at 6% cap rate and there is certainly ample opportunity to achieve that level again. Additional financial opportunity exists in movie/media theatre and reception space rental.

Property Map

In Yakima, go west on Tieton Drive to 5110 located on South side of street. Entrance on West side of building.

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