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(509) 255-8072
Nick McLean Real Estate Group
108 S Water Street, Ellensburg, WA 98926
Listing Broker: John L Scott Lake Cle Elum; Gordon S. Scholl; ; Selling Office: Coldwell Banker Bain.
- $520,000
- Sold Price
- $520,000
- List Price
- $549,000
- Status
- SOLD
- MLS#
- 2269399
- Closing Date
- Mar 31, 2025
- Annual Tax Ammount
- 2976
Property Description
Fantastic investment opportunity, 2 city lots and three commercial buildings with excellent visibility and great street frontage in the heart of Ellensburg. 12,000 sq/ft lot with 100/ft of street frontage, aprox 1500 sq/ft total building space. 3 separate rental income opportunities including restaurant/take-out, a 1+ bedroom residence and an open studio/office, $4700 average rent when all 3 are occupied. Additional storage buildings and covered spaces for outdoor dining. Directly across from Fred-Meyer parking lot. A thriving college town with a vibrant art community. High traffic area, near one of the most traveled intersections in town. Ample parking/w easy access from Water street. Possible short term owner contract/w sizeable down.
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Additional Information
- Community
- Central Ellensburg
- Building Condition
- Good
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1950
- Roof
- Metal
- Tax Year
- 2024
- Potential Terms
- Cash Out, Conventional, Owner Financing
- Driving Directions
- From I-90, east on University Way, Right (south) on Water Street, Property on left directly across from Fred Meyer parking lot.
- Energy Source
- Electric, Natural Gas
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.