Skip to main content

$2,700,000

Active

611 W Columbia St, Pasco WA 99301

Pasco, WA 99301

Call Agent
1960Year Built
246Days on Market

About This Home

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.

Property Details

MLS# 284669
Property Type Commercial Sale
Status Active
List Price $2,700,000
Lot Size 23958 sq ft
Year Built 1960
Annual Taxes $4,326
Days on Market 246

Location

Listing information for MLS# 284669 courtesy of NAI Tri-Cities Commercial. Listed by Todd Sternfeld. Information deemed reliable but not guaranteed. © 2026 Pacific Regional MLS.