211 W 3rd Ave | 211 W 3rd Ave
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211 W 3rd Ave 211 W 3rd Ave
2,380 SF Retail Building Ellensburg, WA 98926 $459,000 ($193/SF) 6.31% Cap Rate
Investment Highlights
- 2 Levels
- Core of downtown
- On site parking
Executive Summary
Central Washington investment opportunity! 2,380 SqFt downtown commercial building w/ 3rd Street storefront entrance to main level featuring kitchen space, main level bathroom and storage + 2nd level mezzanine with office space, bathroom & open office/flex space. Situated on a 3,000 SqFt city lot and rare 3 onsite private parking spaces. Site features include: large storefront windows w/solar blinds, forced heat & air conditioning, alley access. Located in the heart of downtown Ellensburg off arterial Main Street & 3rd Avenue with high visibility and between other successful restaurants, businesses, near CWU and easy access to I-90 & I-82.
Data Room Click Here to Access
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
2,380 SF
Year Built/Renovated
1890/2018
Price
$459,000
Price Per SF
$193
Cap Rate
6.31%
NOI
$28,943
Tenancy
Single
Building Height
2 Stories
Building FAR
0.79
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
Central Commercial II
Amenities
- Mezzanine
- Storage Space
- Air Conditioning
Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (88)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 227033 | Total Assessment | $208,460 (2023) |
| Land Assessment | $45,000 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $163,460 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
227033
Land Assessment
$45,000 (2023)
Improvements Assessment
$163,460 (2023)
Total Assessment
$208,460 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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211 W 3rd Ave | 211 W 3rd Ave
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