322324 W Kennewick Ave, Kennewick, WA 99336 (MLS # 283254)
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MLS #283254. Discover a prime investment opportunity in downtown Kennewick with this landmark mixed-use property. Featuring retail space on the ground floor and five apartment units above, this building offers versatility and income potential. Currently generating a Net Operating Income (NOI) of $49,000 with a 6.12% cap rate, it is a fantastic value-add project for investors. Located in the vibrant Parkade area, this property benefits from high visibility and foot traffic, along with ample parking for tenants and customers. Built in 1945, the building spans 7,200 sq. ft. on a 0.09-acre lot. Don't miss your chance to own this iconic property!
DAYS ON MARKET | 8 | LAST UPDATED | 4/11/2025 |
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YEAR BUILT | 1945 | COUNTY | Benton |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
LOT | 3920 sq ft |
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TAXES | 2577.94 |
ZONING | Commercial Distric |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Derrick Stricker with StrickerCRE
The data relating to real estate for sale on this website comes in part from the Tri Cities Association of REALTORS®. The information being provided is 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.
Data last updated: 4/19/25 6:02 AM PDT
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