Property Details

1614 N 1st St

Yakima, WA 98901

$7,800,000

Available

CBA# 712478 courtesy of CBA Listing firm: Crystal Investment Property LLC

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Commercial

Property Type

38,364

Bldg Sq Ft

7.00%

Cap Rate

1996

Year Built

Property Overview

CIP Exclusive – Just Listed!Best Western Plus Yakima Hotel is a 74-key, interior corridor, select-service, upper-midscale hotel operating under the Best Western Plus brand. The property recently completed a full PIP and is located in a federally designated Qualified Opportunity Zone. The guestroom mix includes king and queen suites, an apartment-style unit with a full kitchen, and ADA-compliant options. The hotel sits near downtown Yakima with direct access from both Interstate 82 and Highway 12. Positioned in a strong drive-to market within 200 miles of Seattle, Portland, and Spokane, the property serves year-round demand from business, leisure, and group travelers.LOCATIONLocated in Central Washington, Yakima offers a historic, walkable downtown, year-round outdoor access, and more than 300 days of sun. Downtown features vintage storefronts, local shops and cafes, galleries, museums, and a theater for films and live performances. The Yakima River supports rafting, kayaking, and fishing, while nearby foothills and Cascades trails offer hiking and biking in warmer months and skiing in winter. As Washington’s first wine region and a major agricultural hub, the valley anchors agribusiness and agritourism. The Yakima Valley, with easy Interstate and Highway access, attracts drive-to tourism from Seattle, Tri-Cities, Spokane, and Portland.IMPORTANTBuilding size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!Please Note: Buyer's Brokers will need to obtain a Buyer Paid Fee for this property. There is no Broker commission co-op. Please call with questions regarding this requirement.