403 W University Way
Ellensburg WA 98926
403 W University Way
403 W University Way Ellensburg WA 98926
Listing #: 714202 | Status: Available | Last Modified: 6/22/2026 |
For Sale
- Phone:(509) 949-0860
- Email:ken.davis@svn.com
- Office Name:SVN Cascades
- Office Phone:(509) 902-8800
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,199,900.0
- $/SF$ 62.4
- $/Unit$ 2,199,900.0
- Listing StatusAvailable
- Days on Market23
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 0.00 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings4
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF35240
- Net Rentable Area35240
- Total Office SF9497
- Largest Contiguous SF
- Lot SF90109
- Acres2.07
- Property TypeHotel/Motel
- Office Type
- Building Class
- CountyKittitas
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaKittitas County
- Tax ID #18-18-35057-0204
- Additional Parcels
- ZoningCH
- Year Built1967
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
The Agate
Embark on an exciting multi-family conversion project with this 35,240 SF building, strategically located mere blocks away from Central Washington University at 403 W University Way, Ellensburg, WA. Approved by the City of Ellensburg, this property offers the unique opportunity to transform it into a multi-family with a total of 78 units. With partial demolition already underway, this versatile building, built in 1967 and zoned CH, is ready to be customized for a multi-family use. Investors looking for a prime opportunity to create a modern living space in a sought-after location will find this project to be a promising prospect.
