College Place, WA Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in College Place, Washington Market population: 9K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For College Place WA Properties: 99.0000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For College Place WA
Common questions from investors exploring commercial real estate in College Place WA.
What's the overall investment potential of College Place, WA?
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With a median household income of $53,419 and a relatively low poverty rate of 10.3%, College Place presents a stable investment market, further supported by its high health insurance coverage rate of 95.6% and short average commute time of 14.1 minutes, indicating a reliable and healthy workforce.
How does the local economy impact real estate demand?
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The top industries in College Place, including Educational Services, Health Care & Social Assistance, and Retail Trade, contribute to a diverse economy, while the city's ethnic diversity, with 73.1% White, 14.5% Hispanic, and 4.2% Asian populations, suggests a vibrant community with varied housing needs, potentially driving demand for different types of properties.
What are the key factors to consider for rental property investments?
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The combination of a low poverty rate of 10.3%, high health insurance coverage of 95.6%, and a short average commute time of 14.1 minutes suggests a stable and reliable tenant base, which, coupled with the city's median property value of $243,400 and median property taxes of $2,344, makes rental properties an attractive investment option in College Place.
How does the commute and transportation infrastructure affect the quality of life and property values?
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The average commute time of 14.1 minutes, with 74.1% of residents driving alone and 10.3% carpooling, indicates well-planned transportation infrastructure, contributing to a high quality of life, which can positively impact property values and attractiveness to potential buyers or renters, especially in a city with a high homeownership rate of 63.2%.
What role does demographic diversity play in the local real estate market?
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The ethnic diversity in College Place, with significant White, Hispanic, and Asian populations, alongside a foreign-born rate of 7.2%, suggests a culturally rich and potentially dynamic market, where understanding and catering to the housing needs of different demographic groups can be key to successful real estate investments, especially considering the city's median age of 30.4 and the implications for family and housing requirements.
College Place WA Real Estate & City Facts
Key facts and real estate information about College Place WA.
What are some of the best neighborhoods to live in College Place?
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Some of the best neighborhoods to live in College Place include the south parts of the city, which tend to be more desired, and the northeast regions, which offer more affordable homes. Neighborhoods like Mountain View, Abbott Acre, and College Place are also popular choices.
What are some fun things to do in College Place?
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There are plenty of fun things to do in College Place, including visiting the Walla Walla Farmers Market, exploring Downtown Walla Walla, and checking out the Lions Park, which offers playgrounds, walking paths, and picnic areas. You can also visit the Fort Walla Walla Museum, the Seven Hills Winery, or the Caprio Cellars.
What is the food scene like in College Place?
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The food scene in College Place is diverse and offers a range of options, from fine dining to casual meals. Some popular restaurants include Saffron Mediterranean Kitchen, Passatempo Taverna, TMACS, Hattaway's on Alder, and The Marc Restaurant. You can also find great food at the Bangkok 103 Cafe, which serves Thai cuisine.
What are the pros and cons of living in College Place?
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The pros of living in College Place include its peaceful and family-friendly atmosphere, walkability, and access to outdoor activities. However, some cons include the city's relatively small size, limited job opportunities, and a high poverty rate. Additionally, the city has a strong religious presence, which may not be suitable for everyone.
Is College Place a good place to live?
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College Place can be a good place to live for those who value a peaceful and family-friendly atmosphere, outdoor activities, and a strong sense of community. However, it may not be the best fit for those looking for a more urban lifestyle, diverse job opportunities, or a more secular environment. Ultimately, whether College Place is a good place to live depends on your individual priorities and preferences.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For College Place WA Commercial Property: $53,419
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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