Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Credit Union
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Financial Advisor
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
ECH · Ellensburg, WAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for ECH in Ellensburg, WA.
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Find the owner behind the property.
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