453 Division Ave Ephrata, WA 98823
This exceptional 6,752 square foot property, located at 453 Division Ave E in Ephrata, WA 98823, presents a unique investment opportunity. Built in 1944 and situated on a spacious 18,326 square foot lot (APN 131047000), this two-story building currently operates as a church but offers significant multi-use potential under the permitted residential zoning. The main floor features ample meeting space and several offices, while the full basement includes numerous smaller rooms, an open area ideal for receptions or gatherings, and a complete kitchen. Recent upgrades include newer windows, roof, and HVAC systems, reflecting the building's excellent condition and ongoing maintenance. The property boasts 100% occupancy and is priced at $250,000 ($37.03 per square foot). Its prime location ensures exceptional visibility. Interested parties should contact the City of Ephrata to determine allowable uses and any necessary permits for their intended purpose. This is a rare chance to acquire a piece of Ephrata's history with adaptable space and strong potential for future development or continued use as a community gathering place. The congregation currently owns the property.
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Memorial Christian Church Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.