Group of Six Properties #135, 137,139,140,141,142: 551 Wisconsin Rd, 80/90 N Tieton, 500 Market St

#134: 551 Wisconsin Rd, Tieton, WA 98947 and 5 Contiguous Properties
Auction: Yakima County, WA: Residential Income Property, Commercial and Land In and Around Tieton and Cowiche

Sold for $440,550

 

#134: 551 Wisconsin Rd, Tieton, WA 98947 and 5 Contiguous Properties

135 thru 142 Offered Together as Lot 134
Selling Regardless of Price

NOTE: A Phase 1 Environmental Site Assessment dated October 26th, 2020 has been posted for this group of assets. Click the Documents tab above this Note to read it, or you can access the report under each asset description by clicking the red Due Diligence statement.

Property 135: 551 Wisconsin Rd, Tieton, WA 98947

Type of Asset: Masonry warehouse built in 1939, plus 4 trailers
Size of structure per county: Warehouse built in 3 sections with a continuous basement level running under all 3 sections. County records indicate it was built ca 1939 and is 61,600±SF but field measurements indicate much more space in the multilevel structure. Front section is empty and has a barrel vaulted roof and a mezzanine/office level. Center section may have 4 levels but levels above basement are padlocked. Back section is 3 levels, middle level is leased to Tieton Surplus, and upper level is padlocked. Also 4 trailers per county: 1975 SPACE MASTER 60X24 SER# 1406- owner Gary Trepanier, 1997 MODULINE 52X28 SER#116329- owner Gary Trepanier, 1964 CHICKISAW 55X10 SER# 63M212W- owner Regal Estates, 1976 CHAMPION 56X14 SERIAL #8935-owner Gary Trepanier. Trailers in back are untethered and probably uninhabitable.
Size of lot or acres: 3± Acres per county records
Short legal of lot or tract: Plat TIETON: LOTS 1 THRU 4 BLK B, ALSO LOTS 5 THRU 8 BLK C, EX S 2.8 FT, ALSO VAC ST, ALSO W 25 FT VAC ST R/W ABUTTING E SIDE OF LOTS, ALSO BEG N 89^ 05'00" W 344.5 FT & N 00^ 10' 15" E 363.5 FT OF SE COR NW1/4, TH N 00^ 10' 15" E 460 FT, TH N 89^ 05' 00" W 129.16 FT, TH S 00^ 10' 15" W 460 FT, TH E'LY TO BEG
Monthly Rent: $625.00 (MH at Street with 551 Wisconsin address- 97 Moduline). Tieton Surplus was renting a portion of rear warehouse for their used appliance storage but is in arrears and appliances are still present. Several RVs are parked in warehouse and are renting on a monthly basis.
Tax parcel: 171418-24486 (Real Estate), 300000-15538,300000-14198, 300000-03941 (owned trailers)
Property Taxes: $3,487.02 (Real Estate), $240.74, $161.46, $35.31 (owned trailers)
2020 Tax Value: $286,800 (Real Estate), $500, $500, $500 (owned trailers)
Click HERE to View Due Diligence Materials for This Asset
 

Property 137: 80 N Tieton Rd, Tieton, WA 98947

Type of Asset: RV Park with 16 spaces. There appear to be 9 RVs occupying site, one of which is in former Market St R/O/W. Jersey barriers along N Tieton frontage prevent access from the east.
Size of lot or acres: 0.39± Acre per county. The RV park may encroach on adjoining lots including one of the lots at 500 Market
Short legal of lot or tract: Lots 20 and 21, Block E, TIETON
Monthly Rent: As of 10/12, Seller says 8 RV lots are rented for $250 per month. Owner pays all utilities, and tenants are supposed to reimburse.
Tax parcel: 171418-24497
Property Taxes: $479.91
2020 Tax Value: $39,400
Click HERE to View Due Diligence Materials for This Asset
 

Property 139: 90 N Tieton Rd, Tieton, WA 98947

Type of Asset: Commercial Building and Separately Titled Mobile Home
BR/ BA and size of structure per county: 3,424±SF masonry warehouse built 1962, and 1999 FLEETWOOD 48X27 SER#ORFLW48A25973HS1 with storage shed. Front half of Commercial Building has been rented for $250 per month but is not being used. Rental agreement refers to the building as 100 N Tieton. Back of Commercial Building formerly housed the remote refrigeration compressor shed for 551 Wisconsin. Chilling tower appears to be on one of the 500 Market Street lots. Jersey barriers along N Tieton frontage prevent access from the east.
Size of lot or acres: 0.58± Acre per county
Short legal of lot or tract: Lots 22, 23 and 24, Block E, TIETON
Monthly Rent: $650.00 (MH), $250 (front of comm building)
Tax parcel: 171418-24498 (Real Estate), 300000-14251 (MH)
Property Taxes: $901.68, $414.48 (MH)
2020 Tax Value: $74,100 (Real Estate), $34,100 (MH)
Click HERE to View Due Diligence Materials for This Asset
 
 

Property 140: 500 Market St, Tieton, WA 98947

Type of Asset: Paved Parking Lot North of 80 N Tieton. Jersey barriers along N Tieton frontage prevent access from the east.
Size of lot or acres: 0 .23± Acre
Short legal of lot or tract: Lots 25 Blk E, TIETON
Monthly Rent: VACANT/ NA
Tax parcel: 171418-24499
Property Taxes: $200.34
2020 Tax Value: $16,400
Click HERE to View Due Diligence Materials for This Asset
 

Property 141: 500 Market St, Tieton, WA 98947

Type of Asset: Paved Parking Lot North of 80 N Tieton. Jersey barriers along N Tieton frontage prevent access from the east.
Size of lot or acres: 0.39± Acre
Short legal of lot or tract: Lot 26 and 27 Blk E, TIETON
Monthly Rent: VACANT/ NA
Tax parcel: 171418-24500
Property Taxes: $329.18
2020 Tax Value: $27,000
Click HERE to View Due Diligence Materials for This Asset
 

Property 142: 500 Market St, Tieton, WA 98947

Type of Asset: Paved Parking Lot South of 90 N Tieton. RV Park appears to occupy this lot. Jersey barriers along N Tieton frontage prevent access from the east.
Size of lot or acres: 0.19± Acre
Short legal of lot or tract: Lots 19 Blk E, TIETON
Monthly Rent: VACANT/ NA
Tax parcel: 171418-24504
Property Taxes: $155.38
2020 Tax Value: $12,700 combined
Click HERE to View Due Diligence Materials for This Asset
 
 
Sale Manager: Jeff Johnstonbaugh, 360 900-9676, jeff@amcbid.com
Terms: Bank Proof of Funds Required to Bid, 10% Buyers Premium added to winning bid to determine sale price, 20% Earnest Money Deposit, 2% Broker Co-Op, close in 30 days.
 
Auction Management Corporation
In cooperation with Berkshire Hathaway Homeservices Central Washington Real Estate