513 N Front St

Description

This 2 story, 14,000 sq ft office building is a diamond in the rough. It has an excellent location in downtown Yakima. It was built in the '70s to serve brokers, traders, and others related to the produce industry in the Yakima Valley, and is still owned and operated by the family of the original owner/builder. The existing office sizes are big by newer industry standards. Currently, there are approx 8 tenants, some occupying multiple units; all leases are month to month.Buyers have several options for the building: improve management practices and continue to operate as an executive office building; convert the offices to medical and other health related services; repurpose the building/lot into something totally different. The General Commercial (GC) zoning uses include medical buildings, group home, church, multi-family, business school, mixed-use, health, and social services facilities, some subject to Planning & Zoning Department approval.- Established multi-tenant office suite business with real estate in an excellent location- The building is solidly built and ripe for an upgrade or conversion.- GC Zoning allows for multiple uses.- Operate as an office suite. Lease rates are below market.- Unit sizes range from 261 sf to 660 sf; could be reconfigured into private and/or shared co-working spaces.- Marketing and management of the building can be vastly improved.- Concrete/bunker basement is underutilized and could be an additional revenue stream.