601 W Kennewick Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
601 W Kennewick Ave
6,728 SF Office Building Kennewick, WA 99336 £764,946 (£114/SF) 9.70% Net Initial Yield
Investment Highlights
- High Visibility- Corner Property
- Welcoming Waiting Area
- Investment And/Or Owner Occupied
- Meticulously Maintained
- Natural Light
- Lots Of Parking
Executive Summary
MLS# 279225 High visibility, corner property! Located in the Commercial Office District, allowing both office and retail use. Built in 1967 and meticulously maintained. Was once a bank and now a legal office. Main floor offers, welcoming receptionist and waiting area, 3 conference rooms, 5 large offices with floor to ceiling windows, 2 private offices (no windows), collaborate space areas, copy room and storage room. The finished basement offers a private and spacious conference room, large kitchen and break room, additional collaborative space, vault room, a women’s two stall restroom, men’s restroom, utility and storage room, closet space and mechanical room. A total of 35 parking stalls plus additional street parking. Property also for lease see MLS 279226.
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£73,899
|
£10.98
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£73,899
|
£10.98
|
| Taxes |
£5,172
|
£0.77
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£5,172
|
£0.77
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £73,899 |
| Annual Per SF | £10.98 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £73,899 |
| Annual Per SF | £10.98 |
| Taxes | |
|---|---|
| Annual | £5,172 |
| Annual Per SF | £0.77 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £5,172 |
| Annual Per SF | £0.77 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
6,728 SF
Building Class
B
Year Built
1967
Price
£764,946
Price Per SF
£114
Net Initial Yield
9.70%
NOI
£74,200
Tenancy
Single
Number of Floors
2
Typical Floor Size
3,364 SF
Building FAR
0.32
Land Acres
0.48 AC
Opportunity Zone
Yes
Zoning
Commercial Offfice Dist - Located in the Commercial Office District, allowing both office and retail use.
1 of 1
Walk Score ®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 101891040001000 | Total Assessment | £570,375 (2023) |
| Land Assessment | £91,447 (2023) | Annual Taxes | £5,172 (£0.77/sf) |
| Improvements Assessment | £478,928 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
101891040001000
Land Assessment
£91,447 (2023)
Improvements Assessment
£478,928 (2023)
Total Assessment
£570,375 (2023)
Annual Taxes
£5,172 (£0.77/sf)
Tax Year
2024
-
Brenda Garibay -
SVN | Retter & Company
1 of 30
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
601 W Kennewick Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.