900 S Ruby St
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900 S Ruby St
5,174 SF Retail Building Ellensburg, WA 98926 £1,113,309 (£215/SF)
Investment Highlights
- Improvement consists of an approx. 3,574SF vacant lending space, an approx.1,600SF office space leased to Edward Jones and an approx. 1,835SF canopy.
- Oversized lot of 1.39 acres provides for plentiful parking in excess of municipal requirements while providing potential expansion opportunities.
- No use restrictions on lending to be placed on title.
- Edward Jones lease expires 4/29 and is at $2,161/month, NNN ($16.21/SF), with 2% annual escalations and can be freely terminated by either party.
- Recently fee appraised at $1,7000,000 and tax assessed at $1,619,200.
- 3-car drive through with canopy.
Executive Summary
THIS OFFERING is for the opportunity to purchase a first-class bank building historically occupied by Solarity Credit Union, who’s relocating.
Located in an established professional and medical office submarket, the property sits on a significantly oversized lot totaling approximately 1.39 acres and the building consists of an approximately 3,574SF vacant lending space, an approximately 1,600SF office space leased to Edward Jones and a 3-car drive through canopy of approximately 1,835SF.
The property was recently fee appraised at $1,700,000 and is tax assessed at $1,619,200.
Located in an established professional and medical office submarket, the property sits on a significantly oversized lot totaling approximately 1.39 acres and the building consists of an approximately 3,574SF vacant lending space, an approximately 1,600SF office space leased to Edward Jones and a 3-car drive through canopy of approximately 1,835SF.
The property was recently fee appraised at $1,700,000 and is tax assessed at $1,619,200.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
5,174 SF
Building Class
B
Year Built
2003
Price
£1,113,309
Price Per SF
£215
Tenancy
Multiple
Number of Floors
1
Building FAR
0.09
Land Acres
1.39 AC
Zoning
C-H
Bike Score ®
Very Bikeable (76)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 188633 | Improvements Assessment | £771,942 (2023) |
| Land Assessment | £373,980 (2023) | Total Assessment | £1,145,922 (2023) |
PROPERTY TAXES
Parcel Number
188633
Land Assessment
£373,980 (2023)
Improvements Assessment
£771,942 (2023)
Total Assessment
£1,145,922 (2023)
-
Bill Almon Jr -
Almon Commercial Real Estate
(509) 966-3800
x104
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900 S Ruby St
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