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3160 George Washington Way Richland, WA
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Key Details
Sold Price $1,030,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 20,353 sqft
Price per Sqft $50
MLS Listing ID 259777
Sold Date 10/31/22
HOA Y/N No
Year Built 1953
Annual Tax Amount $13,534
Lot Size 1.570 Acres
Acres 1.57
Property Description
This office building has a strong rental history with Hanford Contractors as well as Battelle. The property currently is occupied by two tenants with long lease histories at the building. There is an additional 5,200 sf of space that can be leased as value add to this leased office investment. Offered based on actual financials at a 7.25% cap. This property is located in the Richland Research and Technology District. The building is located at the corner of Port of Benton Blvd and 9th Street, and is also adjacent to George Washington Way. From this site there is quick access to the Hanford Nuclear Reservation, the Pacific Northwest National Labs, downtown Richland and nearby highways. Both the location and price point of this property make it an attractive option to tenants in this submarket.
Location
State WA
County Us
Exterior
Parking Features 21 - 30 Spaces
Others
Acceptable Financing Exclusive Right
Listing Terms Exclusive Right
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