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Listing Firm: John L Scott Lake Cle Elum: Gordon S. Scholl

Bought With: Coldwell Banker Bain : Jim Ridgway

SOLD On March 31, 2025
NWMLS # 2269399

$520,000

  • Sold Price
  • - Beds
  • - Baths
  • - Sq.ft.

108 S Water Street , Ellensburg, WA 98926

Listings with the three tree icon are courtesy of NWMLS

About This Property

Fantastic investment opportunity, 2 city lots and three commercial buildings with excellent visibility and great street frontage in the heart of Ellensburg. 12,000 sq/ft lot with 100/ft of street frontage, aprox 1500 sq/ft total building space. 3 separate rental income opportunities including restaurant/take-out, a 1+ bedroom residence and an open studio/office, $4700 average rent when all 3 are occupied. Additional storage buildings and covered spaces for outdoor dining. Directly across from Fred-Meyer parking lot. A thriving college town with a vibrant art community. High traffic area, near one of the most traveled intersections in town. Ample parking/w easy access from Water street. Possible short term owner contract/w sizeable down.

Buyer's Agent: Jim Ridgway • Coldwell Banker Bain

Listed by: Gordon S. Scholl • John L Scott Lake Cle Elum

Aris360 Last Checked: 2 Minutes Ago (Jun 07, 2025 11:08 AM)

  • Source: NWMLS as Distributed by MLS Grid #2269399

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Water
  • Zip/Postal Code: 98926
  • City: Ellensburg

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$3,847 per month
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Property Features

  • County
    • Central Ellensburg
  • Community
    • 949 - Lower Kittitas County
  • MLS Area
    • 949 - Lower Kittitas County
  • Longitude
    • -120.549409
  • Latitude
    • 46.991729
  • Directions
    • From I-90, east on University Way, Right (south) on Water Street, Property on left directly across from Fred Meyer parking lot.

  • Interior
    • Ceramic Tile
    • Concrete
    • Fir/Softwood
  • Floors
    • Ceramic Tile
    • Concrete
    • Softwood
  • Power Production Type
    • Electric
    • Natural Gas

  • Style
    • 60 - Comm Bldg Und 10K
  • Foundation
    • Post & Pillar,
    • Poured Concrete,
  • Topography
    • Level
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Roof
    • Metal,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Fair,
    • Good,
  • Water
    • City of Ellensburg
  • Building Total Area (Sq. Ft.)
    • 12000

  • Possession
    • Closing,
    • See Remarks,
    • Tenant's Rights,
    • Subject to Tenant Rights,
  • Property Type
    • Commercial Sale
  • Property SubType
    • Commercial Industrial
  • Tax Year
    • 2024
  • Structure Type
    • Land,
  • Tax Amount
    • $2976
  • Year Built
    • 1950
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Jun 07 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Jun 07, 2025 11:08 AM