Description
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.
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1BEDS
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0.28ACRES
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1BATHS
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01/2 BATHS
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1,486SQFT
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$369$/SQFT
School Information
Listing information ©2024 Northwest MLS. Listing courtesy of John L Scott Lake Cle Elum.
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Description
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.
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