1713 S Canyon Road, Ellensburg, WA 98926

$299,000

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Listing courtesy of RE/MAX Community One Realty.

List Price
$299,000
Status
ACTIVE
MLS#
2565819
Days on Market
3
Internet Provider
Lightcurve/Spectrum

Property Description

Looking for a high traffic count location?! This is a rare commercial investment opportunity at one of the busiest I-90 exits in Washington State. This well-established building has operated on BNSF Railroad leased property since 1972 — bringing decades of business history & steady occupancy to the table. The current tenants include a restaurant & a retail fishing guide service/ fly shop, both dependable businesses. Plenty of customer parking, large tenant signage, & high interstate visibility keep this location working for every business inside. A brand new sewer line was just installed in July — a significant infrastructure upgrade already done for you. Strong traffic, proven tenants, & capitalizing on some updating for an equity gain is a possibility as well. This is the kind of steady, low-hassle investment opportunity that doesn't come around often. (Listing is for the sale of the building only. On leased BNSF Railroad property.)

Additional Information

Community
Canyon Road
Building Condition
Good
Style
60 - Comm Bldg Und 10K
Year Built
1972
# of Assigned Spaces
15
Roof
Flat
Tax Year
2026
Potential Terms
Cash, Conventional
Flooring
Ceramic Tile, Laminate
Driving Directions
In Ellensburg take Main St south, turns in to S. Canyon Rd, building on right just in front of overpass. Showings by appointment and with your agent only
Other Expenses
6733
Energy Source
Electric, Natural Gas
Net Operating Income
$32,918
Gross Adjusted Income
$42,000
Gross Scheduled Income
$42,000
Cap Rate
11
Total Expenses
$9,081
Based on information submitted to the MLS GRID as of . 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.
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