900 Ruby St, Ellensburg, WA 98926-3754
Exceptional opportunity to acquire a Class A, 5,174 square foot bank building in Ellensburg, WA. This single-story, 2003-built property sits on a substantial 1.39-acre lot, zoned C-H, offering ample parking and expansion potential. Currently 31% occupied, the building features approximately 3,574 square feet of vacant lending space, approximately 1,600 square feet leased to Edward Jones (lease expiring 4/29/2024 at $2,161/month, NNN, with 2% annual escalations and mutual termination clause), and a 3-car drive-through canopy of approximately 1,835 square feet. The property boasts a recent appraisal of $1,700,000 and a tax assessment of $1,619,200. Located in an established professional and medical office submarket at 900 S Ruby St, Ellensburg, WA 98926, this property presents a compelling owner/user or investment opportunity with no use restrictions on lending. The asking price is $1,422,850. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving market.
-
Solarity Credit Union Credit Union
-
Edward Jones - Financial Advisor: Dean Pownall Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ECH · Ellensburg, WAEllensburg. Always verify with local authorities before improvements.
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.