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303 N Wenas St 6,960 SF Industrial Building Ellensburg, WA 98926 $2,024,084 CAD ($290.82 CAD/SF) 5% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Loading bays for trucking delivery/loading
  • 2 separate parcels with plenty of paved parking
  • Office space and 2 areas within shop space for separate activities

EXECUTIVE SUMMARY

Hard to find Heavy Industrial Zoning property with 6960sqft building including 2 parcels totaling .41 acres. The building includes updated office space, 3 phase power, 2 interior loading docks, 14ft doors, & paved parking for all your needs. Build on the 2nd lot, renovate to suit your needs, or keep as an investment possibility. Central location and easy access from all main roads. With limited heavy industrial zoning, this property is a rare find!

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $125,633 $18.05
Other Income - -
Vacancy Loss - -
Effective Gross Income $125,633 $18.05
Taxes $6,911 $0.99
Operating Expenses $3,490 $0.50
Total Expenses $10,401 $1.49
Net Operating Income $115,232 $16.56

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $125,633
Annual Per SF $18.05
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $125,633
Annual Per SF $18.05
Taxes (CAD)
Annual $6,911
Annual Per SF $0.99
Operating Expenses (CAD)
Annual $3,490
Annual Per SF $0.50
Total Expenses (CAD)
Annual $10,401
Annual Per SF $1.49
Net Operating Income (CAD)
Annual $115,232
Annual Per SF $16.56

PROPERTY FACTS

Price $2,024,084 CAD
Price Per SF $290.82 CAD
Sale Type Investment or Owner User
Cap Rate 5%
Sale Condition Lease Option
Property Type Industrial
Property Subtype
Service
  • General Retail Auto Repair
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 0.44 AC
Rentable Building Area 6,960 SF
No. Stories 1
Year Built 1969
Tenancy Single
Parking Ratio 4.31/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning Industrial- City - Industrial zoning within Ellensburg City limits

AMENITIES

  • Signage
  • Reception
  • Storage Space

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Prostar Collision and Repair
  • Services
  • -
  • $17.92 CAD
  • Plus Utilities
  • Feb 2025
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Prostar Collision and Repair Services - $17.92 CAD Plus Utilities Feb 2025

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 6,960 SF
  • Industrial
  • -
  • Jul 2026

Spacious shop space with double large roll up doors for easy truck access. Interior has 2 loading docks for trucks. Space toward back also has roll up door access for separate work space if needed. Office has been updated for clients coming in for consultations.

Space Size Space Use Condition Available
1st Floor 6,960 SF Industrial - Jul 2026

1st Floor

Size
6,960 SF
Space Use
Industrial
Condition
-
Available
Jul 2026

1st Floor

Size 6,960 SF
Space Use Industrial
Condition -
Available Jul 2026

Spacious shop space with double large roll up doors for easy truck access. Interior has 2 loading docks for trucks. Space toward back also has roll up door access for separate work space if needed. Office has been updated for clients coming in for consultations.

Bike Score®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 517833
  • 507833
Land Assessment
$284,835 CAD (2025)
Improvements Assessment
$1,218,843 CAD (2025)
Total Assessment
$1,503,678 CAD (2025)
Annual Taxes
$6,911 CAD ($0.99 CAD/SF)
Tax Year
2024
  • Listing ID: 37821334

  • Date on Market: 2025-09-25

  • Last Updated:

  • Address: 303 N Wenas St, Ellensburg, WA 98926

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