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$799,950 -$60,050 (-6.98%) Price Reduced

  • For Sale
  • Active
  • Industrial
  • Updated 4 days ago

Listed by Gayle Cuvreau | KR Brokers | (206) 571-4745

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A great opportunity to acquire this long-time, well-respected mechanic shop specializing in exhausts, the only one in town. The owner has been in business for 34 years, has earned a stellar reputation, and is now ready to retire. The business has so much potential to expand. The shop is fully equipped, has 2 bays, and 3 lifts. The owner is selling 2 lots with or without the business. Each lot is 7200 square feet. The front lot has the well-established business in a high-traffic location. The lot in back has so many possibilities. To name a few: Auto sales, new and used, restaurant, bar/brew pub, coffee shop, retail, daycare, hotel/motel, office, kennel or maybe a laundromat. Owner will a contract with great terms. Sold as is.

Full Property Details for 500 W University Way

General

  • Price: $799,950
  • Taxes: $2,722 (2025)
  • Status: Active
  • Type: Industrial
  • Source: NWMLS
  • MLS ID: 2460848
  • Updated: 3/5/2026
  • Added to Site: 87 day(s) ago

Rental Information

  • Complex Features: Disabled Access, Signage Included, Storage

Interior

  • Flooring: Ceramic Tile, Concrete, Vinyl

Location

  • Area: 949 - Lower Kittitas County
  • County: Kittitas
  • Subdivision: University District
  • Driving Directions: From I 90 W take Exit 106. Continue forward until the road changes to University Way. Business will be on the right.

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ductless, Insert
  • Heating Type: Radiant

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Industrial
  • Exterior Const.: Cement/Concrete
  • Foundation: Block, Slab
  • Roof: Flat, Torch Down
  • Loading: 1-3 Bays, 15' Doors
  • Property Condition: Good

Lot Features

  • Lot Size (Acres): 0.1653
  • Lot Size (Sq. Ft.): 7,200
  • Lot Size Source: Assessor
  • Topography: Level
  • Zoning: Business, Commercial, Industrial-Light, Office, Retail

Financial Considerations

  • Tax Amount: $2,722
  • Tax Year: 2025
  • Terms: Cash, Owner Will Carry

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 417733

Listed by Gayle Cuvreau | KR Brokers | (206) 571-4745

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Schools serving 500 W University Way

School District:Ellensburg School District
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 500 W University Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/05/2026
Price Reduced
$799,950
-6.98%
MLS
12/13/2025
Listed
$860,000
—
MLS
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 500 W University Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15
100%
$1,190
-3%
2023
100%
$1,230
—
2021
100%
$1,230
37%
2021
-100%
$900
—
2021
$15
7%
$900
—
2020
$14
-7%
$900
—
2019
$15
-6%
$900
—
2018
$16
—
$900
—
2017
$16
—
$900
—
2016
$16
7%
$900
—
2015
$15
7%
$900
—
2013
$14
—
$900
—
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 Gayle Cuvreau | KR Brokers | (206) 571-4745

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500 W University Way, Ellensburg, WA 98926 (MLS# 2460848) is a Industrial property. 500 W University Way is currently listed for $799,950 and was received on December 13, 2025. Want to learn more about 500 W University Way? 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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