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313 N Main St 4,790 SF Vacant Retail Building Ellensburg, WA 98926 $575,000 ($120.04/SF)
Investment Highlights
- Main street store frontage
- Potential for rehab and build equity
- Retail on main floor and residential on upper level
Executive Summary
This historic 1890 building in downtown Ellensburg offers 4,790 sqft of potential and was recently commercially appraised at $650,000. Featuring a classic storefront on the main level, it's perfect for retail ventures. The upper floor provides ample space for bringing the residential apartments back to life as modern living spaces. Preserving its vintage character, this property stands out in a vibrant, historic area, making it an excellent investment opportunity for both commercial and residential use. Main St in historic downtown Ellensburg is bustling on the weekends with tourists & locals alike. Become part of a restoration process that is turning the district in to a go-to location for shopping, events, art walks, & parades. Ellensburg is ripe and ready for more services and businesses. Embrace the past while creating future possibilities in this distinctive building.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Building Size
4,790 SF
Building Class
C
Year Built
1890
Price
$575,000
Price Per SF
$120.04
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
1.37
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
CI - Commercial Industrial Zoning within City of Ellensburg
Parking
2 Spaces (0.42 Spaces per 1,000 SF Leased)
Amenities
- Signage
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 197033 | Improvements Assessment | $170,870 |
| Land Assessment | $71,700 | Total Assessment | $242,570 |
Property Taxes
Parcel Number
197033
Land Assessment
$71,700
Improvements Assessment
$170,870
Total Assessment
$242,570
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313 N Main St