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Improved Mixed-Use Land for Sale in Union Gap, Washington

2506 Old Town Rd, Union Gap, WA 98903

$3,500,000
3 acres
Active sale
$800k drop
Est $17,848/mo

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.

21,255
Sq feet
1948
Built

Location

Street address
2506 Old Town Rd
Community
Union Gap
Elevation
998 feet
Coordinates
46.5652, -120.4837

Directions

Main Street/S First St or W Valley Mall Blvd to Old Town Road. Property on West Side of Old Town Road.

Property details

Acreage
2.92 acres
Zoning
C - Commercial
MLS #
YAR 26-1000
Posted

Property taxes

2026
$12,730

Parcels

  • 191332-33005

Details and features

Listing

Type
Commercial Sale
Franchise
Coldwell Banker Real Estate

Lot

Features
Bus Line, Level, Paved Road

Structure

Water
Public
Heating
Electric, Forced Air, Natural Gas
Materials
Block
Roof
Composition, Metal

Interior

Flooring
Carpet, Concrete, Wood

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Listing history

DateEventPriceChangeSource
Mar 17, 2026Price drop$3,500,000$800,000 -18.6%YAR
Feb 13, 2026New listing$4,300,000YAR
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This 2.92-acre property is located at 2506 Old Town Rd in Union Gap, WA 98903. The property is available for sale for $3,500,000. It has a 21,255 sq ft structure built in 1948.

Listed by Coldwell Banker Cascade Real Estate, (509) 248-5050

Checked 2 hours agoUpdated

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