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Listed by:RE/MAX, The Collective • Kitty Wallace
$ 875,000
Est. payment /mo
New
220 E First ST Cle Elum, WA 98922
4,200 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Cle Elum
MLS Listing ID 2584495
Style 60 - Comm Bldg Und 10K
Year Built 1920
Annual Tax Amount $2,012
Lot Size 4,200 Sqft
Property Sub-Type Commercial Industrial
Property Description
MULTI-TENANT INVESTMENT OPPORTUNITY in the heart of downtown Cle Elum! Prominently positioned on a highly visible corner lot, this mixed use commercial property offers multiple income producing spaces, a strong rental history, and the flexibility today's investors are looking for. The building features a combination of retail and professional office spaces creating the opportunity for multiple tenants and diversified rental income. The upper level includes a large common area with full kitchen, dining/gathering space, and full bathroom, providing additional functionality for tenants, meetings, shared workspace, or future possibilities. A covered staircase provides access to the upper-level units, while the wraparound porch adds character and enhances the building's downtown presence. Ample parking and storage are additional benefits that can be difficult to find in a downtown commercial property. Updates to the roof and HVAC systems add value and help reduce some of the larger capital improvement concerns for a new owner. With its prime corner location, excellent visibility, multiple rentable spaces, established rental history, and flexible mixed use configuration, this property offers an opportunity to generate income today while positioning for future growth. Downtown Cle Elum continues to serve both the local community & the area's growing recreational & visitor market. An incredible opportunity to own a substantial commercial property in the center of it all.
Location
State WA
County Kittitas
Area 948 - Upper Kittitas County
Interior
Flooring Ceramic Tile, Hardwood, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Roof Type Metal
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Nearby Locations
GET MORE INFORMATION
Kristen Spellman
OR & WA Residential. Commercial. Advising Realtor
+1(971) 338-0022 | kristen@pacificnwbroker.com