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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

PRICE IMPROVEMENT!! BUY, LEASE-TO-OWN, OR LEASE! Lot of options with this 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! Owner carry contract or lease-to-own available, terms TBD

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $123,274 $17.71
Other Income - -
Vacancy Loss - -
Effective Gross Income $123,274 $17.71
Taxes $6,781 $0.97
Operating Expenses $3,424 $0.49
Total Expenses $10,206 $1.47
Net Operating Income $113,068 $16.25

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $123,274
Annual Per SF $17.71
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $123,274
Annual Per SF $17.71
Taxes (CAD)
Annual $6,781
Annual Per SF $0.97
Operating Expenses (CAD)
Annual $3,424
Annual Per SF $0.49
Total Expenses (CAD)
Annual $10,206
Annual Per SF $1.47
Net Operating Income (CAD)
Annual $113,068
Annual Per SF $16.25

Property Facts

Price $1,849,108 CAD
Price Per SF $265.68 CAD
Sale Type Investment or Owner User
Cap Rate 5.37%
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
  • -
  • $17.59 CAD
  • Plus Utilities
  • Feb 2025
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Prostar Collision and Repair Services - $17.59 CAD Plus Utilities Feb 2025

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • 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 Build-Out Available
1st Floor 6,960 SF Industrial - Jul 2026

1st Floor

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

1st Floor

Size 6,960 SF
Space Use Industrial
Build-Out -
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.

Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 507833
  • 517833
Land Assessment
$280,555 CAD (2025)
Improvements Assessment
$1,200,533 CAD (2025)
Total Assessment
$1,481,088 CAD (2025)
Annual Taxes
$6,781 CAD ($0.97 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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