212 E 1st Street, Cle Elum, WA 98922

$1,450,000

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Listing courtesy of eXp Realty.

List Price
$1,450,000
Status
ACTIVE
MLS#
2486333
Price Change
▼ $25,000 1785275770
Days on Market
515
Annual Tax Ammount
4411
Internet Provider
Blue Span

Property Description

The building located in the heart of the downtown and has been completely renovated to reflect the era gone by. The restaurant interior has a rustic, industrial feel that lends itself to the restaurant’s concept. Everything is new from the electrical and plumbing to the windows and insulation. 1st apartment is newly built with high end appliances, both bedrooms have ensuite bathrooms, skylight and large deck with view of Peoh Point. Full laundry room with guest powder. 12' ceilings and exposed ductwork gives industrial loft feel. 2nd apartment has two large bedrooms, primary has ensuite bathroom, both bathrooms are new. New luxury vinyl flooring and full laundry. New high end appliances including mini splits. Almost zero vacancy last 8 yrs

Additional Information

Community
Cle Elum
Building Condition
Updated/Remodeled
Style
60 - Comm Bldg Und 10K
Year Built
1926
# of Assigned Spaces
2
Roof
Flat
Tax Year
2025
Potential Terms
Cash, Conventional
Flooring
Ceramic Tile, Concrete, Hardwood, Softwood, Vinyl Plank
Driving Directions
Downtown on 1st Street look for Orchard Restaurant
Appliance
Tankless Water Heater
Energy Source
Electric, Natural Gas
Net Operating Income
$81,406
Gross Adjusted Income
$93,992
Gross Scheduled Income
$93,992
Water/Sewer/Garbage Expenses
$591
Cap Rate
4.6
Total Expenses
$12,586
Based on information submitted to the MLS GRID as of . 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.
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