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$1,899,000 Just Listed

  • For Sale
  • Active
  • Industrial
  • Updated 3 days ago

Listed by Kerry Jo Horn | Epique Realty | (360) 815-6637

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Rare opportunity to acquire Cornerstone Italian Kitchen, a fully renovated, turnkey Italian & pizza restaurant in Ellensburg. Featuring a large fire-roasted pizza oven that produces award-winning pies (voted "Best Pizza" in town), this venue combines authentic flavor with strong local recognition. The town's only rooftop bar, The Dirty Olive, has panoramic views of the outdoor concert venue and surrounding area. Cozy up to the rooftop fire pit on summer evenings w/ memorable guest experiences, spacious outdoor seating, and a lively concert space that drives high foot traffic and event revenue. The elegant, stunningly appointed interior complements the lovely atmosphere. The sale includes all equipment, new furniture, and a complete business opportunity - move-in ready! Also includes the neighboring commercial buildable lot. This is an ideal purchase for restaurateurs or investors seeking a proven, revenue-generating hospitality asset with built-in event and nightlife appeal.

Full Property Details for 307 E 5th St

General

  • Price: $1,899,000
  • Taxes: $8,621 (2025)
  • Status: Active
  • Type: Industrial
  • Source: NWMLS
  • MLS ID: 2475201
  • Updated: 2/1/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Complex Features: Disabled Access, Signage Included, Sprinklered, Storage

Interior

  • Flooring: Ceramic Tile, Concrete, Carpet

Parking

  • Uncovered Spaces: 10

Location

  • Area: 949 - Lower Kittitas County
  • County: Kittitas
  • Subdivision: Central Ellensburg
  • Driving Directions: Property is situated on the corner of E 5th Ave and N Sprague St in Ellensburg. Across the street from Safeway.

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central A/C, Ductless, HEPA Air Filtration, High Efficiency (Unspecified)
  • Heating Type: Ductless, Forced Air, Heat Pump

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Unspecified
  • Exterior Const.: Cement/Concrete, Metal/Vinyl, Wood, Wood Products
  • Foundation: Poured Concrete, Slab
  • Roof: Composition
  • Year Built: 2013
  • Property Condition: Very Good

Lot Features

  • Lot Size (Acres): 0.2065
  • Lot Size (Sq. Ft.): 8,995
  • Lot Size Source: Public Records
  • Lot Depth: 120
  • Topography: Level
  • Zoning: Commercial

Financial Considerations

  • Tax Amount: $8,621
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Surveyed: true
  • Property ID: 877433

Listed by Kerry Jo Horn | Epique Realty | (360) 815-6637

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NMLS#: 1598647

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Schools serving 307 E 5th St

School District:Ellensburg School District
NameGradesDistance
Valley View Elementary School, Ellensburg, WA
1508 E 3rd, Ellensburg, WA 98936
K-51 mi
Mount Stuart Elementary School
1701 North Cora Street, Ellensburg, WA 98926
K-51.1 mi
Lincoln Elementary School, Ellensburg, WA
2100 North Cora Street, Ellensburg, WA 98926
K-51.2 mi
Morgan Middle School
400 East 1st Avenue, Ellensburg, WA 98926
6-80.3 mi
Ellensburg High School
1203 East Capitol Avenue, Ellensburg, WA 98926
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 307 E 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/01/2026
Listed
$1,899,000
55.91%
MLS
7/02/2024
Sold
$1,217,974
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 307 E 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,621
7%
$911,010
24%
2023
$8,073
-11%
$732,550
-4%
2021
$9,038
—
$762,570
6%
2021
$9,038
9%
$722,660
—
2020
$8,272
-7%
$723,040
—
2019
$8,858
-9%
$719,590
—
2018
$9,706
8%
$719,590
11%
2017
$9,028
3%
$649,280
—
2016
$8,728
5%
$649,280
—
2015
$8,298
420%
$649,280
2%
2013
$1,595
—
$638,530
373%
2013
$1,595
—
$135,120
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Kerry Jo Horn | Epique Realty | (360) 815-6637

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307 E 5th Street, Ellensburg, WA 98926 (MLS# 2475201) is a Industrial property. 307 E 5th Street is currently listed for $1,899,000 and was received on February 01, 2026. Want to learn more about 307 E 5th Street? Do you have questions about finding other Industrial real estate for sale in Ellensburg? You can browse all Ellensburg real estate or contact a Coldwell Banker agent to request more information.

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