841 W 1st Ave Toppenish, WA 98948
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 8,640 sqft
Price per Sqft $150
MLS Listing ID 26-1571
Year Built 2015
Annual Tax Amount $11,098
Tax Year 2025
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Commercial Property
Land Area 8640
Property Description
A major differentiator in this market is the site's substantial on-site parking, supporting higher-traffic users, operational flexibility, and long-term tenant retention.
Value-Add / Upside: In addition to current occupancy, the asset presents a compelling opportunity to enhance value over time through lease restructuring, expense allocations/CAM recovery, and rent optimization as leases roll. The property also includes excess land to the rear that may support additional income-generating uses and future development concepts--such as expanded retail/service uses or a convenience-oriented configuration (including potential fuel-related improvements near the existing food-truck area)--subject to buyer verification of zoning, utilities, access, and required approvals.
The center is 100% occupied with a diverse tenant mix including an established insurance agency, a pawn shop (3 units), Cricket Wireless, a smoke shop, a nail salon, and a spice & herb retailer. Tenant history ranges from 5 to 26 years, and the property has experienced two lease signings within the past year, supporting both long-standing stability and refreshed lease activity. A long-standing food truck operator also provides supplemental income with reliable payment history.
With modern construction, strong visibility, established tenancy, and multiple paths to NOI growth, this property is well-suited for 1031 buyers and value-add retail investors
Location
State WA
Area 13K - Toppenish
Zoning C - Commercial
Direction Located just off highway 97
Rooms
Basement Crawl Space
Interior
Heating Electric, Forced Air
Heat Source Electric, Forced Air
Exterior
Fence Partial
Roof Type Composition
Accessibility Doors 32in+
Building
Lot Description Level
Foundation Concrete Perimeter
Sewer Connected
Water Public
Structure Type Stucco,Frame
Others
Tax ID 201004-34017
Acceptable Financing Commercial, Conventional, Cash
Listing Terms Commercial, Conventional, Cash
Nearby Locations
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