900 Ruby StEllensburg, WA 98926

For Sale
$1,422,850

Class A Office, Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
93
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.
  • Recent appraisal: $1,700,000; Assessed value: $1,619,200.
  • No lending use restrictions.
  • 3-car drive-through with canopy.

Property Details for 900 Ruby St

Property type
Other retail properties, Individual retail properties
Square Feet
5,174 SF
Class
A
Year Built
2003
Buildings
1
Stories
1
Lot Size (sq. ft)
60,548 SF

Location Insight

City
Ellensburg
County
Kittitas
State
Washington
Latitude
46.9842448
Longitude
-120.5439152
900 Ruby St, Ellensburg, Washington

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
900 Ruby St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message