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Commercial Sale For Sale

611 W Columbia St, Pasco, WA 99301

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Property Description

MLS# 284669 Cash flows $173,438 annually, with 3% annual increases. See associated docs Property is Occupied by Candy Mountain Academy, a program funded by ESD 123, this property serves as a supportive learning environment for students in kindergarten through 12th grade. The Academy offers an alternative educational setting focused on early learning subjects and fostering connections within the early learning community.Over $700,000 in improvements have been made to support the program, including new windows, HVAC units, a roof, interior and exterior doors, LED lighting, a secured entry, a fire sprinkler system, and fresh interior and exterior paint. These upgrades make the facility a secure, attractive, and long-term investment opportunity. The tenant has signed a 10-year absolute triple net (NNN) lease with two 5-year renewal options and 7 years remaining on original term. The lease includes 3% annual rent increases, offering investors a steadily compounding return.Don’t miss out on this opportunity to secure a reliable income stream.Note: Listing agents are also owners of the property.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
284669
Price:
$2,700,000
Year Built:
1960
Status:
Active
Address Map
Country:
US
State:
WA
County:
Franklin
City:
Pasco
Zipcode:
99301
Street:
Columbia St
Street Number:
611
Longitude:
W120° 54' 20.5''
Latitude:
N46° 13' 45.1''
Street Dir Prefix:
W
Unit Number:
Prime Investment Opportunity
Additional Information
On Market Date:
2025-06-02
Building Size:
8100
Financial
Tax Annual Amount:
4326
Listing Information
Co List Office Name:
NAI Tri-Cities Commercial
List Agent Mls Id:
1386
List Office Mls Id:
738
Mls Status:
Active
Modification Timestamp:
2026-02-03T17:36:32Z
Originating System Name:
pacmls
Status Change Timestamp:
2025-06-02
Commercial Sale For Sale
Listing ID:
284669
$2,700,000
Agent info
Contact Agent