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    1217 Woodin Ave Chelan, WA 98816

    Sponsored
    For Sale
    $950,000

    High-Visibility Commercial Property, 6+ Units

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial building, located at 1217 W Woodin Avenue in Chelan, WA, presents a unique investment opportunity. Priced at $950,000, the property offers six or more tenant spaces, each adaptable to a variety of permitted and conditional uses. Its prime location within the Waterfront Commercial zone along W. Woodin Avenue (Highway 97A) ensures maximum visibility and exposure to significant traffic volume. The building benefits from convenient access to city water, sewer, and PUD power, simplifying operations and minimizing potential infrastructure concerns. Ample off-street parking is provided for tenants and customers, enhancing the property's overall appeal and functionality. The property's existing infrastructure provides a solid foundation for immediate occupancy and income generation, while also offering potential for future expansion to meet evolving business needs. This strategic location in the heart of Chelan's vibrant Waterfront Commercial District guarantees high foot traffic and strong potential for long-term growth and profitability. The property is situated on a 0-acre lot. This is a rare opportunity to acquire a well-positioned commercial property in a thriving waterfront community.

    Property Features for 1217 Woodin Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1969
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chelan
    County
    Chelan
    State
    Washington
    Longitude
    -120.0345
    Latitude
    47.83556

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    Nearby Similar for Sale

    • $4,200,000
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      Chelan Retail Investment Opportunity

      Fully leased, remodeled retail building with strong income and modern design.
      2037 W Woodin Ave, Chelan, WA 98816
      View Details
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      Profitable business, leasehold opportunity.
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    FAQs

    What type of property is this?
    Commercial real estate - High-Visibility Commercial Property, 6+ Units
    Where is this commercial real estate located?
    The property is located at 1217 Woodin Ave Chelan, WA.
    What is the asking price?
    The asking price for this property is $950,000.
    (509) 888-8262
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    1217 Woodin 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
    1217 Woodin Ave Chelan, WA 98816
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