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About This Home

This 0-bedroom, 0-bathroom commercial at 2506 Old Town Rd in Union Gap, WA is listed for $3,500,000 ($165 per sqft). Built in 1948, the home offers 21,255 sqft of living space on a 2.92 acres lot.

Agent Description

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.

Key Features

  • Built in 1948
  • 2.92 acre lot

Property Details

1948

Monthly Cost Estimate

$18,719/mo

20% down · 6.5% · 30 years

Principal$2,531
Interest$15,167
Insurance$1,021

Estimates only. Actual payments may vary.

Location

2506 Old Town Rd

Union Gap, WA 98903

Property Details

Flooring

ConcreteWoodCarpet

Construction

Block

Heating

Natural GasForced AirElectric (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2506 Old Town Rd is listed at $3,500,000 ($165/sqft). The estimated monthly payment is $15,167 based on 20% down at 6.5% interest.

Key features include: Built in 1948, 2.92 acre lot.

This property is listed by Pat Lawler and can be reached at (509) 248-5050 or ivonne@cbyakima.com.

PL

Pat Lawler

Agent at Coldwell Banker Cascade Real Estate

(509) 248-5050

Listed by Coldwell Banker Cascade Real Estate

MLS# 26-1000· Source: listhub· Updated 52 days ago

Copyright © 2026 Yakima Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2506 Old Town Rd, Union Gap, WA 98903

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