900 S Ruby St - Bank FOR SALE


Ellensburg, WA 98926
$1,422,850 USD
509-966-3800
900 S Ruby St, Ellensburg, WA for Sale
$1,422,850 USD
Bank - FOR SALE
1/22
null | Request Cap Rate

900 S Ruby St
Ellensburg, WA 98926


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.
  • 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.
  • Oversized lot of 1.39 acres provides for plentiful parking in excess of municipal requirements while providing potential expansion opportunities.
  • Recently fee appraised at $1,7000,000 and tax assessed at $1,619,200.
  • No use restrictions on lending to be placed on title.
  • 3-car drive through with canopy.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,422,850 USD

PRICE/SF

$275 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

C-H

APN/PARCEL ID

188633

ASK ABOUT THIS PROPERTY

Bill Almon JrAlmon Commercial Real EstateMore Info
509-966-3800

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Bill Almon JrAlmon Commercial Real EstateMore Info
509-966-3800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.