Listing provided courtesy of Epique RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2475201MLS Provider

307 E 5th StreetEllensburg, WA 98926

Commercial · 0.21 Acres
$1,675,000 Active

307 E 5th Street Overview

Visits:
134

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.

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307 E 5th Street Facts & Features

  • Type Commercial
  • Lot 0.21 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Building Information

  • Year Built: 2013

Location/Region

  • Country: US
  • County Or Parish: Kittitas
  • MLS Area Major: 949 - Lower Kittitas County
  • Subdivision Name: Central Ellensburg

Tax Information

  • Tax Annual Amount: $8,621.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 877433,
  • Possible Use: Commercial
  • Property Condition: Very Good
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 3877
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Appliances: Tankless Water Heater
  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Concrete, Carpet
  • Foundation Details: Poured Concrete, Slab
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Natural Gas

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 10
  • Parking Uncovered Total: 10

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.2065
  • Lot Size Square Feet: 8995
  • Lot Size Units: Square Feet
  • Site Frontage: 120
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Unspecified

General Information

  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Cement/Concrete, Metal/Vinyl, Wood, Wood Products
  • Sewer: Sewer Connected

307 E 5th Street Neighborhood

Community

98926 (Ellensburg) Demographics

29
Median Age
60
Population Density (per sq. mile)
47%
College Educated
$59,415
Estimated Median Income
7,489
Estimated Total Home Owners
6,362
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

307 E 5th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

307 E 5th Street Market Data

Based on the last 30 days in this zip code

$645,851
Average List Price
$297
Average Price per Square Foot
32
Properties Sold
86
Average Days on Market
171
Properties for Sale
Calculations provided by Reliance Network

307 E 5th Street History

Date Event Value Agent
4/10/2026Source: NWMLS Price Reduction
$1,675,000 -6.9%
4/1/2026Source: NWMLS Price Reduction
$1,799,000 -5.3%
2/1/2026Source: NWMLS Added to Database
February 01, 2026
7/11/2024Source: NWMLS Status Change
Sold
3/4/2024Source: NWMLS Status Change
Pending
9/13/2023Source: NWMLS Status Change
Pending Feasibility
8/18/2023Source: NWMLS Added to Database
August 18, 2023