2506 Old Town Rd, Union Gap, WA 98903

Courtesy of Coldwell Banker Cascade Real Estate

$3,500,000
21,255
SqFt

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List Price
$3,500,000
Status
ACTIVE
Days on Market
125
MLS#
26-1000
Subtype
Comm/Industrial
Year Built
1948
Living Area
21,255
Lot Size
87,120
Acres
2.92
Neighborhood
12 - Union Gap
MLS Area Major
12 - Union Gap

Property Description

A premier redevelopment opportunity in the heart of Union Gap's rapidly expanding commercial corridor. This ±2.92-acre Commercial Gateway site offers exceptional potential for investors and developers seeking a high-visibility location with strong regional access and surrounding growth. Strategically positioned along Old Town Rd and directly across from the Valley Mall, the property benefits from established retail traffic and proximity to major national and regional businesses. Interstate I-82 is less than half a mile away, providing excellent connectivity and accessibility. This site serves as a key gateway to approximately 39+ acres of adjacent, largely undeveloped land, creating a unique opportunity for larger-scale assemblage and future development. Ongoing commercial expansion in the immediate area--including retail, automotive, medical, and quick-service development--further supports the long-term upside and demand for this location. The existing structure offers flexibility for adaptive reuse or redevelopment, with utilities in place including power, city water, and city sewer. Flat topography and Commercial Gateway zoning allow for a wide range of potential uses (buyer to verify). Ideal for retail, automotive, medical, hospitality, or mixed-use development, this is a rare chance to secure a highly visible, strategically located parcel in one of the Yakima Valley's most active growth areas. Showings by appointment only. Do not disturb occupants. Lease-option available to qualified parties.

Additional Information

Taxes
$12,730
Flooring
Carpet, Concrete, Wood
Heating
Electric, Forced Air, Natural Gas
Air Conditioning
None
Roof
Composition, Metal
Foundation
Concrete Perimeter

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Calculator source: Real Geeks