Martinez & Sons Purchased Kennewick Industrial Property
The firm acquired the 7,557-square-foot building on S. Gum St. for $670,000.
Updated on Oct. 13, 2026 in Openings & Closings
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Martinez & Sons Enterprise LLC has finalized the purchase of the industrial building located at 101 S. Gum St. in Kennewick. The transaction was completed via a bargain and sale deed for a total of $670,000.
Why it matters
This acquisition represents a significant shift for the property, which has sat in shell condition since the closure of the former tenant, City Stars Gentlemen's Club.
The 7,557-square-foot facility, built in 1964, was acquired for $670,000. This follows a previous sale of the site for $1.2 million in 2021.
The players
Martinez & Sons Enterprise LLC
This is the entity that completed the recent purchase of the property located at 101 S. Gum St.
City Stars Gentlemen's Club
This was the business that previously operated out of the location before its closure in 2020.
The details
The property sits in an area specifically zoned for heavy industrial use. The facility currently remains in shell condition following the 2020 closure of the previous occupant, City Stars Gentlemen's Club.
Timeline
The building was originally constructed in 1964.
City Stars Gentlemen's Club closed its operations in 2020.
The property was previously sold for $1.2 million in 2021.
The acquisition by Martinez & Sons Enterprise LLC occurred in October 2026.
Market Landscape
The acquisition reflects ongoing activity within Kennewick’s heavy industrial zones, where investors are repositioning vacant assets for future use. This move aligns with broader efforts to revitalize older industrial-zoned sites that have been dormant for several years.
Local business owners may see activity at the previously vacant 101 S. Gum St. site as the new owner begins potential site renovations. The transition of the property back into active use could impact local industrial service traffic patterns.
The takeaway
This transaction highlights the price volatility in local industrial real estate compared to valuations from just five years ago. Investors looking at similar properties should consider the renovation costs required for buildings currently held in shell condition.
Further reading
For more information on similar transactions in the area, visit the Kennewick Openings & Closings.
Source note: This article includes information reported by Tri-Cities Area Journal of Business.
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