1408-1428 S 8th St, Yakima, WA 98901
sale
$1,750,000
|
Other
Courtesy Of Keller Williams Yakima Valley
Commercial Investment & Development Opportunity: Full City Block Portfolio An exceptional opportunity to acquire a significant commercial investment portfolio encompassing an entire city block, offering immediate income with massive upside potential. This unique offering consists of 15 houses across 9 separately parceled lots, all zoned R2. Control a full city block (both sides of the street), providing unparalleled strategic positioning and unified management. Unit Mix: The properties include two 3-bedroom, 1-bath houses and thirteen 2-bedroom, 1-bath houses. Future Development Potential: The R-2 zoning on all 9 parcels allows for substantial density increase. A developer could potentially reconfigure or rebuild, maximizing the property's value by developing up to 36 units (9 parcels x 4 units). This is a rare chance for a visionary investor or developer to secure a large, contiguous footprint in a central location balancing reliable rental income with significant long-term growth through redevelopment.
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Property Features
- Age: Over 50 Years Old
- Exterior Type: Frame
- Floor Covering: Vinyl
- Heating System: Baseboard
- MLSID: 25-3483
- Roof Type: Composition
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