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401 W 1st Ave

Toppenish, WA 98948
  • $1,300,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 26-1454
UPDATED: 74 min ago
$1,300,000
  • 0
    BEDS
  • 0.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,748
    SQFT
  • $473
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1976

School Ratings & Info

Description

Exceptional investment opportunity to acquire a fully renovated, turnkey Dairy Queen Grill & Chill in the heart of downtown Toppenish. Situated on a 0.55 acre corner lot with dual frontage on W 1st Avenue and Madison Avenue, the 2,748 SF freestanding building benefits from high visibility and consistent traffic. The absolute NNN lease - with zero landlord responsibilities- generates $91,200 in annual rental income, reflecting a 7.0% cap rate. The lease term runs from May 2026 through April 2046 and includes 10% rent increases every five years, providing stable, growing cash flow and a truly passive long-term investment opportunity.

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© 2026 Yakima Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Yakima MLS© IDX Program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Candy Lea Stump | Keller Williams Yakima Valley. Data last updated: 2026-06-09T09:48:42.9.
www.buysellyakima.com/homes/176624846
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401 W 1st Ave Toppenish, WA 98948

  • Price: $1,300,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 74 min ago
  • MLS #: 26-1454
0
Beds
0
Baths
0
½ Baths
0.55
Acres
2,748
SQFT
$473
$/SQFT
1976
Built
Neighborhood:
13K - Toppenish
Area:
13K - Toppenish
Property Description
Exceptional investment opportunity to acquire a fully renovated, turnkey Dairy Queen Grill & Chill in the heart of downtown Toppenish. Situated on a 0.55 acre corner lot with dual frontage on W 1st Avenue and Madison Avenue, the 2,748 SF freestanding building benefits from high visibility and consistent traffic. The absolute NNN lease - with zero landlord responsibilities- generates $91,200 in annual rental income, reflecting a 7.0% cap rate. The lease term runs from May 2026 through April 2046 and includes 10% rent increases every five years, providing stable, growing cash flow and a truly passive long-term investment opportunity.
Exterior Features

Construction Frame Crops None Foundation Slab Irrigation No Lot Depth Feet 0.00 Lot Front Feet 0.00 Lot Size .26 - .50 Acres Roof Built-Up Siding Brick

Interior Features

Air Conditioning Central Air Basement Finished Floor Coverings TileVinyl Heating Gas

Property Features

Commercial Type Commercial Property Detail Use Restaurant List Price Description Total List Price Main Use Retail Sewage System Connected Sq Ft Source County Assessor Tax Designation None Tax Year 2026 Taxes 13359.72 Terms CashConventional Total Sq Ft 2748.00 Water Public Water Zoning B2 - Local Business

Listing provided courtesy of Mike Abrams of John L Scott Yakima: (509) 966-9900.


© 2026 Yakima Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Yakima MLS© IDX Program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Candy Lea Stump | Keller Williams Yakima Valley. Data last updated: 2026-06-09T09:48:42.9.
 
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Candy Lea Stump | Keller Williams Yakima Valley
1017 S. 40th Ave.
Yakima WA, 98908