Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Outlet malls

    1200 S Canyon Rd, Ellensburg, WA 98926

    14,000 SF 1.46 ac lot Built 1971
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US90-1209948
    Property summary
    AI-generated overview

    This exceptional 14,000 square foot retail property, situated on a 1.54-acre lot, presents a unique investment or lease opportunity in the heart of Ellensburg, WA. Located on Canyon Road, Ellensburg's primary retail thoroughfare, this building enjoys high visibility and convenient access. Previously occupied by St. Vincent de Paul, the interior has been recently subdivided to accommodate a Chevrolet dealership remodel and is currently utilized for storage. The expansive space, measuring 100 feet by 140 feet with columns spaced every 20 feet, offers significant flexibility for a variety of retail uses. The property boasts ample paved parking and street frontage on both Canyon Road and Ruby Street, ensuring convenient customer access. Its strategic location places it in close proximity to numerous national retail brands, maximizing exposure and foot traffic. The property is available for purchase at $2,300,000 or for lease at $12 per square foot, triple net (NNN). This is a rare chance to acquire a substantial retail presence on Ellensburg's most desirable commercial street. The property's size, location, and existing infrastructure make it an ideal investment for discerning buyers or businesses seeking a prominent retail space.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1971
    Total area 14,000 SF
    Lot 1.46 ac (63,598 SF)
    Zoning code ECH
    APN 628533
    UPID US90-1209948
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.63M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.99M
    Blend (final) Blend
    $2.76M
    Owner & transaction history
    Henning Ellensburg LLC · 3 yrs held
    Henning Ellensburg LLC
    since 2023
    Last sale
    $2.9M
    2 recorded transactions
    2023
    $2.8M
    2015
    $850,000
    Zoning & alternative use
    ECH · Ellensburg, WA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $3.5M +11.6%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message