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Listed price in listed location currency (USD).
$1,500,000

000

MLS® 26-442

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $11,098
Days Active 6
Approx. Age 2015
MLS® Number 26-442

Property Address: 841 W 1st Ave, Toppenish, WA, 98948-1299

Average square foot calculated using Size range provided by listing agent.

Description

This fully leased 8-unit retail strip center presents a rare turnkey investment opportunity in the heart of Toppenish. Built in 2015, the 8, 640 square foot property sits on a 1.28-acre parcel with prime frontage along one of the city's busiest commercial corridors, offering excellent visibility, strong traffic counts, and immediate highway access that make it highly attractive to national, regional, and franchise tenants seeking dominant positioning within the trade area. The center is 100% occupied with a diverse tenant mix that includes an established insurance agency, a pawn shop occupying three units, Cricket Wireless, a smoke shop, a nail salon, and a spice and herb retailer, with tenant history ranging from 5 to 26 years and two recent lease signings within the past year, providing a blend of long-term stability and refreshed lease terms. Additionally, a long-standing food truck operator generates supplemental income and has a reliable payment history. The property benefits from substantial on-site parking--an uncommon advantage in Toppenish where many retail centers lack adequate parking--providing flexibility for higher-traffic users and long-term tenant retention. While the asset offers stable in-place income, there is clear opportunity to enhance value by improving lease structures, adjusting rents toward market levels, optimizing expense allocations, and strategically increasing net operating income over time. With modern construction, strong frontage, established tenancy, and built-in upside through lease and expense improvements, this retail strip center offers investors both immediate cash flow and the ability to grow NOI and long-term equity through proactive asset management.
MLS® Number26-442
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2015
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 24, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
841 W 1 St Ave, Toppenish, WA

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