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  1. Commercial Properties
  2. WA
  3. Ellensburg
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For Sale

The Agate

403 W University Way, Ellensburg, WA 98926

Nestled in the heart of Ellensburg, this vibrant area offers a blend of urban convenience and small-town charm, making it an ideal location for a multifamily/high-rise investment. Enjoy the energy and vitality of the community, with nearby attractions such as Central Washington University, the Kittitas County Historical Museum, and the charming downtown district boasting a variety of dining and entertainment options. Outdoor enthusiasts will appreciate the proximity to natural wonders like the scenic Manastash Ridge and the Yakima River, perfect for leisurely strolls and outdoor recreation. With its rich tapestry of amenities and attractions, the area surrounding the property promises to attract residents seeking a dynamic and well-connected community to call home.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.

Key features

  • 35,240 SF building
  • Approved for 78 Units
  • Prime redevelopment opportunity
  • Strategic location
  • Zoned CH
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Ken Davis

SVN | Cascades

Building Details

  • For Sale $2,199,900
  • Property Type Multi-Family
  • Property Size 35,240 SF
  • Units 78
  • Lot Size 2.07 Acre
  • Year Built 1967
  • Date Updated Jun 20, 2026

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Very Walkable (82)
  • Bike Score ®

    Very Bikeable (82)
Powered by Walk Score ®

Location

  • City Ellensburg, WA
  • Zip Code 98926

Points of Interest

7-Eleven

0.20 miles

JR's Fuel Station

0.21 miles

Mid State Co-Op

0.41 miles

Circle K

0.66 miles

Fred Meyer Fuel

0.85 miles

Pacific Pride

1.06 miles

Electrify America

1.52 miles

Chevron

1.62 miles

Ellensburg Supercharger

1.68 miles

Lot E-4

0.42 miles

Lot B-5

0.42 miles

electric vehicle parking

0.43 miles

Lot M-2

0.45 miles

Lot C6

0.46 miles

Lot H-6

0.48 miles

Lot O-5

0.52 miles

Lot B-8

0.52 miles

Lot C-9

0.55 miles

Ken's Car Wash

0.98 miles

Tacos Chalitos 2

0.17 miles

Jack in the Box

0.19 miles

The Porch

0.23 miles

Ellensburg Pasta Company

0.25 miles

Basalt

0.29 miles

Fidelina's

0.31 miles

Early Bird

0.34 miles

Dakota Cafe

0.35 miles

Pizza Dirks

0.35 miles

Sears

0.31 miles

Grocery Outlet

0.33 miles

Better Life Natural Foods

0.42 miles

Safeway

0.53 miles

Fred Meyer

0.61 miles

Super 1 Foods

1.17 miles

Bi-Mart

1.32 miles

Family Eye Clinic

0.23 miles

Planned Parenthood

0.31 miles

Compass Direct Healthcare

0.46 miles

Merit Resource Services

0.52 miles

Ellensburg Police Department

0.57 miles

Rite Aid

1.02 miles

Kittitas Valley Healthcare Women's Health

1.06 miles

Kittitas Valley Community Hospital

1.11 miles

Ellensburg Pediatrics

1.18 miles

403 W University Way Listing Summary

  • What is the asking price at The Agate?

    The Agate is currently listed for sale at Contact for pricing.

  • What is the total size of The Agate?

    The Agate has a total of 35,240 square feet.

  • What is the year built for The Agate?

    The year built for The Agate is 1967.

Contact Listing Broker
broker
Ken Davis

SVN | Cascades

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