Provided by NWMLS, Listed by Berkshire Hathaway HS CW RE
Active
5110 Tieton Drive
Yakima WA, 98908
$4,200,000
Active
Commercial
Built in 1949
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.
2139781
MLSⓇ ID
July 16, 2023
Listed
May 9, 2024
Updated
Map
5110 Tieton Drive
Yakima WA, 98908
Interior Features
Interior Features
Concrete, Hardwood, Wall to Wall Carpet
Floor Description
Concrete, Hardwood, Carpet
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
2.39 Acres
Exterior Features
Cement/Concrete
Roof
Flat, Torch Down
Sewer
Sewer Connected
Other Property Details
Area Name
475 - Yakima County
Taxes
$25,932
Tax Frequency
Annually
Garage
No
Parking Total
213
View
No
County
Yakima
Water Source
Public
Pool
No
Buyer Agency Compensation
2.5%
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/9/2024 at 1:00 PM UTC