4.3 Acres of Commercial Land for Sale in Richland, Washington
450 Hills St, Richland, WA 99354
MLS# 260265 Strong Anchor Tenant: Bechtel Inc. Recent renewal for 5 years Economic Anchor: Bechtel has had a 30+ year stabilizing affect in Richland as the country's largest construction and engineering company. Government Stabilization: The federal government has committed to spending at least an additional $1.9 billion on the management and cleanup of nuclear waste including the 586 square mile Hanford Site whose ongoing work is projected through 2040.No Debt: The property is being offered free and clear of debt allowing investors the opportunity to take advantage of today's low interest rates. Below Replacement Cost: The price per square-foot is well below replacement cost. Fee Simple Land: Current ownership holds fee simple interest in the land and building. The majority of office buildings in Richland are negotiated on long-term land leases./Todd Sternfeld/CELL: 509-539-3998/NAI Tri-Cities Commercial
Property details
- County
- Benton County
- Zoning
- Commcl Office
- Elevation
- 410 feet
- MLS Number
- PACMLS 260265
- Date Listed
Property taxes
- 2024
- $50,316
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Jan 30, 2024 | Price decrease | $11,500,000 | $350,000 -3% | PACMLS |
Sept 15, 2023 | Price decrease | $11,850,000 | $1,200,000 -9.2% | PACMLS |
Mar 14, 2023 | New listing | $13,050,000 | — | PACMLS |