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    521 Chelan Ave Wenatchee, WA 98801

    For Sale
    $650,000

    High-traffic corner lot, 2800 sq ft

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property at 521 S Chelan Avenue, Wenatchee, WA, presents a unique investment opportunity. Boasting a highly desirable corner location on a 0.25-acre lot, this 2800 square foot building enjoys exceptional visibility with approximately 14,000 vehicles passing daily. The property includes a programmable signage system, enhancing its marketing potential. Ample parking is provided with 10 spaces, including designated spaces for individuals with special needs, and convenient access via an entrance ramp. The building features two ADA-compliant bathrooms, strategically located on both the upper and lower levels. The upper level comprises a welcoming reception area, a dedicated conference room, five private offices, a large shared office space with two work areas, a kitchenette, and a bathroom. A back deck provides outdoor space and stairs leading down to the lower level. Three exits ensure efficient egress. The lower level offers a tranquil landscaped patio and plant area, two additional offices, four storage closets, a kitchenette, a bathroom, and the building's electrical room. This versatile property offers numerous possibilities for a variety of businesses seeking a prominent Wenatchee location. A security system is in place for added peace of mind. Owner financing is available. Don't miss this chance to acquire a truly exceptional commercial property in a prime location.

    Property Features for 521 Chelan Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1980
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Augustedge Real Estate Real Estate Agency Augustedge Insurance Insurance Agency Tricia McCullough, Augustedge ... Real Estate Agent Augustedge Marketing Marketing Agency Lane Etheridge, Real ... Real Estate Agent

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wenatchee
    County
    Chelan
    State
    Washington
    Longitude
    -120.3081
    Latitude
    47.41701

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic corner lot, 2800 sq ft
    Where is this commercial real estate located?
    The property is located at 521 Chelan Ave Wenatchee, WA.
    What is the asking price?
    The asking price for this property is $650,000.
    (509) 494-8500
    Request Owner's contact information
    521 Chelan Ave Wenatchee, WA 98801
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    Wenatchee, WA 98801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    521 Chelan Ave Wenatchee, WA 98801
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