1515 W Wright Ave

    Richland, WA 99352
    • $295,000
    • STATUS: Active
    • ON SITE: 81 days
    • MLS #: 232066
    UPDATED: 46 min ago
    $295,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,400
      SQFT
    • $123
      $/SQFT
    Type:
    Commercial
    Built:
    1968
    County:
    Area:

    School Ratings & Info

    Description

    Small Investment Property off of Van Giesen for sale with 100% Occupancy. Small 3 tenant Office/Retail property on Wright/Van Giesen For Sale with Day 1 cash flow. $24k in Gross Rent; Estimated $14k NOI. 2 of 3 tenants are MTM and are well established there. Recent longer term deal done in smaller suite. The Meal & Wheels program owns this Asset and will convert the proceeds into their community program. An investment and a worthy cause for our community, quite the combo! Call Derrick for more information and Pro-Forma.

    Monthly Payment Calculator

    © 2018 Tri-City Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lalka Group. Data last updated: 2018-11-14T22:39:46.06.
    www.thelalkagroup.com/homes/86849570

    1515 W Wright Ave Richland, WA 99352

    • Price: $295,000
    • Status: Active
    • Updated: 46 min ago
    • MLS #: 232066
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    2,400
    SQFT
    $123
    $/SQFT
    1968
    Built
    County:
    Benton
    Area:
    Richland
    Property Description
    Small Investment Property off of Van Giesen for sale with 100% Occupancy. Small 3 tenant Office/Retail property on Wright/Van Giesen For Sale with Day 1 cash flow. $24k in Gross Rent; Estimated $14k NOI. 2 of 3 tenants are MTM and are well established there. Recent longer term deal done in smaller suite. The Meal & Wheels program owns this Asset and will convert the proceeds into their community program. An investment and a worthy cause for our community, quite the combo! Call Derrick for more information and Pro-Forma.
    Exterior Features

    Built On Grade Yes Dock High No Parking 11 - 20 Spaces Rail Access No Truck Doors No

    Interior Features

    Clear Span No Cold Storage No Elevators No Sprinkler System No Sq Ft Office 2400

    Property Features

    Annual Taxes $2904.63 Auction No Avg Monthly Utilities 400 Bank Owned No Commercial Type Office Ever Occupied Yes For Sale Or Rent For Sale Furniture And Fixtures None Inventory None Proj Annual Expenses 9760 Proj Annual Income 24000 Proj Annual Vacancy 1% Proj Cap Rate 5 Proj Net Operating Income 14000 Tax Year 2017 Tenants 3 Zoning Type Commcl Office

    Listing provided courtesy of Nai Tri-Cities Commercial. © 2018 Multiple Listing Service of Tri-City Association of Realtors.
    © 2018 Tri-City Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lalka Group. Data last updated: 2018-11-14T22:39:46.06.
     
    The Lalka Group
    8350 W Grandridge Blvd Ste 200
    Kennewick WA, 99336