Description
MLS# 280072 Discover a prime investment in the heart of Richland! This fully occupied commercial property at 1177 Jadwin Ave offers 6,453 SF of versatile space with a solid 7.25% CAP rate on the ProForma. Built in 1965, the building maintains its vintage charm while providing modern functionality, appealing to a diverse range of tenants. Located in a high-traffic area within Richland's commercial corridor, it brings excellent visibility and stabilized cash flow with six suites in various small sizes. With value-add potential and easy access to major routes, this property is an outstanding opportunity for investors seeking a well-positioned asset.
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0BEDS
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0.49ACRES
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0BATHS
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01/2 BATHS
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6,453SQFT
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$155$/SQFT
School Ratings & Info
Description
MLS# 280072 Discover a prime investment in the heart of Richland! This fully occupied commercial property at 1177 Jadwin Ave offers 6,453 SF of versatile space with a solid 7.25% CAP rate on the ProForma. Built in 1965, the building maintains its vintage charm while providing modern functionality, appealing to a diverse range of tenants. Located in a high-traffic area within Richland's commercial corridor, it brings excellent visibility and stabilized cash flow with six suites in various small sizes. With value-add potential and easy access to major routes, this property is an outstanding opportunity for investors seeking a well-positioned asset.
© 2024 Pacific Regional Multiple Listing Service. 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 Premier Solutions Realty | Kelly Right Real Estate of the Tri-Cities. Data last updated: 2024-12-03T23:40:17.427.