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Listing courtesy of NWMLS / John L Scott Lake Cle Elum. Bought with Coldwell Banker Bain.

108 S Water Street

Ellensburg, WA 98926

1 bed
1 bath
1,486 sqft
12,000 sqft lot
$349 per sqft
1950 build

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Fantastic investment opportunity, 2 city lots and three commercial buildings with excellent visibility and great street frontage in the heart of Ellensburg. 12,000 sq/ft lot with 100/ft of street frontage, aprox 1500 sq/ft total building space. 3 separate rental income opportunities including restaurant/take-out, a 1+ bedroom residence and an open studio/office, $4700 average rent when all 3 are occupied. Additional storage buildings and covered spaces for outdoor dining. Directly across from Fred-Meyer parking lot. A thriving college town with a vibrant art community. High traffic area, near one of the most traveled intersections in town. Ample parking/w easy access from Water street. Possible short term owner contract/w sizeable down.

Listing courtesy of NWMLS / John L Scott Lake Cle Elum. Bought with Coldwell Banker Bain.

Last checked: Checking… • Last updated Mar 31, 2025 •

MLS# 2274236 —

The Building

Year Built:

1950
New Construction:

false
Building Information:

Built On Lot
Structure Type:

House
Roof:

Metal
Entry Location:

Main
Foundation Details:

Poured Concrete
Basement:

None
Exterior Features:

Wood
Levels:

One
Building Area Total:

743
Building Area Units:

Square Feet
Calculated SqFt:

1486
SqFt Source:

Public records
Construction Materials:

Wood

Interior

Living Area:

743
Fireplace:

false
Finished SqFt:

743

Financial & Terms

Possession:

See Remarks, Tenant's Rights
Buyer Financing:

Cash

Location

Latitude:

46.991661
Longitude:

-120.549409
Directions:

From I-90, east on University Way, Right (south) on Water Street, Property on left directly across from Fred Meyer parking lot.

The Property

Property Type:

Residential
Property Subtype:

Residential
Property Condition:

Good
Parcel Number:

497133
Lot Number:

4&5
Lot Features:

Alley, Curbs, Paved
Lot Size Units:

Square Feet
Lot Size Dimensions:

100x120
Lot Size Acres:

0.2755
Lot Size SqFt:

12000
Lot Size Source:

Public records
Zoning Jurisdiction:

City
Land Lease:

false
View:

City, Territorial
View:

true
Waterfront:

false
Topography:

Level
Vegetation:

Fruit Trees, Garden Space
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

2976

Beds

Bedrooms Total:

1
Bedrooms Possible:

1
Main Level Bedrooms:

1

Baths

Total Baths:

1
Baths:

0.75
Three Quarter Baths:

1
Main Level Bathrooms:

1
Main level Three Quarter Bath:

1

The Listing

Special Listing Conditions:

Bank Or REO, None

Heating & Cooling

Cooling:

true
Heating:

true
Cooling:

Wall Unit(s)
Heating:

Wall Unit(s)

Utilities

Water Company:

City Of Ellensburg
Water Source:

Public
Sewer:

Sewer Connected
Sewer Company:

City Of Ellensburg
Power Company:

City Of Ellensburg

Schools

Elementary School:

Buyer To Verify
Middle Or Junior School:

Buyer To Verify
High School:

Buyer To Verify
High School District:

Ellensburg

The Community

Subdivision Name:

Central Ellensburg
Community Features:

Airfield, Playground
Senior Community:

false
Bus Line Nearby:

true
Association:

false

Parking

Parking Features:

Off Street
Open Parking:

false
Attached Garage:

false
Carport:

false

Extra Units

Detached Dwelling SqFt Finished:

743

Listing courtesy of NWMLS / John L Scott Lake Cle Elum. Bought with Coldwell Banker Bain.

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Wed Apr 02 2025 04:56 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

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Bike Score®

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Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$140/mo.

Estimate provided by ClearlyEnergy

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Sale history

Date	Event	Source	Price	% Change
3/31/25 Mar 31, 2025	Sold	NWMLS	$520,000	-5.3%
1/26/25 Jan 26, 2025	Pending	NWMLS	$549,000
8/5/24 Aug 5, 2024	Listed / Active	NWMLS	$549,000

House Sold on 3/31/2025

– Foreclosure

$520,000

Listing provided by broker:

Gordon S. Scholl

John L Scott Lake Cle Elum

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Listing courtesy of NWMLS / John L Scott Lake Cle Elum. Bought with Coldwell Banker Bain.

Disclaimer: The information contained in this listing has not been verified by John L Scott Lake Cle Elum and should be verified by the buyer.

108 S Water Street

Ellensburg, WA 98926