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Investment Highlights
- Extremely Good Development Potential
Executive Summary
2200 Vantage Hwy presents a compelling ±14.89-acre mixed-use development opportunity within the Ellensburg city limits. The contiguous site combines approximately 4.75 acres of Commercial Highway (C-H) zoning, 2.19 acres of Residential Medium (R-M) zoning, and 8+ acres of Residential Suburban (R-S) zoning, creating the flexibility to integrate highway-oriented commercial uses with medium- and lower-density residential development.
The property benefits from direct frontage along Vantage Highway, convenient access to Interstate 90, utilities reported at or along the property frontage, and prior engineering and entitlement work associated with a proposed subdivision. The property is also positioned along the City of Ellensburg's Gateway II Stormwater Retrofit Project corridor, which includes planned drainage improvements, landscaped stormwater-treatment swales, and pedestrian and bicycle pathways along both sides of Vantage Highway from Vista Road to the City limits.
The current offering materials identify a previous SEPA-reviewed concept consisting of 33 single- family homes, 16 townhome/duplex units, and three commercial parcels. The proposed subdivision also incorporated recreational access from the rear portion of the site to the John Wayne Trail, the former railway corridor running along the property's back lots and used for walking, biking, and horseback riding. Access from one or more of the rear lots was designed to provide subdivision residents with direct recreational connectivity to the trail. The preliminary subdivision was not completed and remains subject to independent verification and future approvals.
The site also offers favorable physical characteristics, including a naturally well-draining gravel base and an approximately 2% southwest slope, potentially supporting efficient future site planning and development.
The property benefits from direct frontage along Vantage Highway, convenient access to Interstate 90, utilities reported at or along the property frontage, and prior engineering and entitlement work associated with a proposed subdivision. The property is also positioned along the City of Ellensburg's Gateway II Stormwater Retrofit Project corridor, which includes planned drainage improvements, landscaped stormwater-treatment swales, and pedestrian and bicycle pathways along both sides of Vantage Highway from Vista Road to the City limits.
The current offering materials identify a previous SEPA-reviewed concept consisting of 33 single- family homes, 16 townhome/duplex units, and three commercial parcels. The proposed subdivision also incorporated recreational access from the rear portion of the site to the John Wayne Trail, the former railway corridor running along the property's back lots and used for walking, biking, and horseback riding. Access from one or more of the rear lots was designed to provide subdivision residents with direct recreational connectivity to the trail. The preliminary subdivision was not completed and remains subject to independent verification and future approvals.
The site also offers favorable physical characteristics, including a naturally well-draining gravel base and an approximately 2% southwest slope, potentially supporting efficient future site planning and development.
Property Facts
1 Lot Available
Lot
| Price | $4,000,000 | Lot Size | 14.89 AC |
| Price Per AC | $268,636.67 |
| Price | $4,000,000 |
| Price Per AC | $268,636.67 |
| Lot Size | 14.89 AC |
±14.89-acre mixed-use development opportunity within Ellensburg city limits with C-H, R-M and R-S zoning, Vantage Highway frontage, convenient I-90 access, and utilities reported at or along the property frontage.
Somewhat walkable
30/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 881933 | Improvements Assessment | $0 |
| Land Assessment | $1,733,580 | Total Assessment | $1,733,580 |
Property Taxes
Parcel Number
881933
Land Assessment
$1,733,580
Improvements Assessment
$0
Total Assessment
$1,733,580
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2200 Vantage Hwy




