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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.
Highlights
3,574 SF vacant lending space, 1,600 SF office space leased to Edward Jones, and 1,835 SF canopy.
Edward Jones lease: $2,161/month NNN ($16.21/SF), 2% annual escalations, expiring 4/29/2024, with mutual termination clause.
1.39-acre lot with ample parking and expansion potential.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.