About this home

Exceptional investment opportunity featuring a 4800sqft Commercial building on more than 5 acres in Richland. Strategically positioned just off Van Giesen St & Bronco Ln near the Columbia Basin Racquet Club and the primary entrance to West Richland, this property offers outstanding exposure, immediate income, and exceptional future potential. 4800 sqft building offers 4 spacious classrooms, 4 bathrooms, a private office, & a dedicated break room. Recent improvements include brand-new roof installed in 2026 & new carpet throughout. The property includes 13 paved parking spaces w/ ample room for additional parking or future expansion across the expansive 5+ acre site. Building exempt from flood insurance requirements & preliminary flood maps show the building is being removed from the floodway, creating additional opportunities for future development. Currently occupied by Gateway Preschool w/lease in place through Feb 2027, plus a tenant option to extend for an additional three years, this property provides stable income while preserving long-term flexibility. Mixed-use commercial & agricultural create a wide range of potential uses, including educational facilities, professional offices, medical or therapy services, daycare, community space, or future redevelopment. This is a strong investment property, whether an owner-user opportunity, or a high-visibility site w/ room to grow, this unique offering presents exceptional value in one of Richland's most traveled corridors.

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Property details

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• Jason Lee Elementary School

  Public · Grades PK-5 · 0.6 mi · State rank 779 of 1,138
  4/10
• Chief Joseph Middle School

  Public · Grades 6-8 · 1.2 mi · State rank 311 of 514
  4/10
• Richland High School

  Public · Grades 9-12 · 1.4 mi · State rank 64 of 396
  8/10

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.

Market pulse

Richland is a buyer's market.

Inventory is rising and homes are sitting longer. Buyers have room to negotiate.

• Offer insight: Sellers are often willing to negotiate on price and terms.

• List to sale price: The average home sells for about 4% below list price.

• Time on market: The average home goes pending in around 86 days.

Market data from MLS GRID / NWMLS · Updated Nov 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.