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    320 Nixon Ave Chelan, WA 98816

    Sponsored
    For Sale
    $282,000

    Profitable business, leasehold opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional assisted living facility, situated near downtown Chelan, presents a unique investment opportunity. Operating successfully for over two decades, it holds the distinction of being the only such facility in Lake Chelan, specializing in dementia and mental health care. The property features a well-established client base and a proven track record of profitability. The facility itself comprises five bedrooms, two bathrooms, one shared room, and four private rooms, providing comfortable and specialized care. The business operates on a leased property, with the lease to be assumed by the buyer. This turnkey operation offers immediate income potential and a strong position within the community. The asking price is $282,000. This represents a rare chance to acquire a well-established, profitable business in a desirable location with significant growth potential. The business is not dependent on real estate ownership, offering flexibility and reduced risk. The existing lease provides a stable foundation for continued operation. Serious inquiries are encouraged to explore this exceptional business opportunity further. Financial details and lease terms are available upon request. This is an excellent opportunity for an experienced healthcare entrepreneur or investor seeking a profitable and established business.

    Property Features for 320 Nixon Ave

    General Information

    Property type
    Investment properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Chelan
    County
    Chelan
    State
    Washington
    Longitude
    -120.0136
    Latitude
    47.84312

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    FAQs

    What type of property is this?
    Investment property - Profitable business, leasehold opportunity.
    Where is this investment property located?
    The property is located at 320 Nixon Ave Chelan, WA.
    What is the asking price?
    The asking price for this property is $282,000.
    (206) 525-5235
    Request Owner's contact information
    320 Nixon Ave Chelan, WA 98816
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    Chelan, WA 98816
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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
    320 Nixon Ave Chelan, WA 98816
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