5110 Tieton Drive

Yakima, WA 98908

  • Bed

  • Bath

  • 0 SqFt

  • 1295 DOM

  • Built: 1949

  • Status: Active

$3,990,000

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5110 Tieton Drive

Yakima 98908

$3990000

  • Bed

  • Bath

  • 0 SqFt

  • 1295 DOM

  • Built: 1949

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Glenwood Square is a prize property that any investor would want in their portfolio. It touts over 25 years 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, The Pub and Xochimilco, popular destination restaurants as long term tenants. Each adds color and culture to the environment and a steady flow of patrons. Current operations and sale price suggest a 6.15% cap rate and there is certainly ample opportunity to exceed that this year. Additional financial opportunity exists in the movie/media theatre and reception space rental. Seller financing possible for the right buyer per terms specified by ownership.

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