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Chelan Boat Storage Investment Opportunity
For Sale
Contact for pricing
Pending

1110 E Woodin Ave, Chelan, WA 98816

Boat storage facility in Chelan, WA with investment upside.

Property Size54,700 SF
Days on Market142

Property Features for 1110 E Woodin Ave

General Information

Standard status Pending
Size 54,700 SF
Property subtype Self Storage, Special Purpose
Zoning C-HS (Highway Service Commercial)
Occupancy 86%

Building Details

Year Built 2001
Units 174
Tenancy Multi
Listing Agency: Caster Investment Group
Listed By: Trevor Caster · License #UT 8013911-PB00
Source: Crexi
Added: Mar 24 Changed: Aug 8 Last Checked: Jul 24 at 12:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Caster Investment Group

Investment Insights

Based on property information with market context.

This specialty boat storage facility is located in Chelan, WA. The property, with a size of 54,700 square feet, presents an investment opportunity with potential for increased returns through raising rents that are currently below market value. The facility caters to business and leisure storage needs related to boats and marine equipment. Visits to the property require prior permission.

Key Highlights

  • Above market actual cap rate.
  • Significant upside through increasing below market rents.
  • Prime location in Chelan, WA.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby

Demographics for 98816, WA

7,067
Population
5,398
Households
1.3
Avg Household Size
47
Median Age
24%
College-Educated
81%
High-School Grad
494.2 sq mi
ZIP Area
14
Density / Sq Mi
$73,807
Median Household Income
$40,565
Median Earnings
$1,332
Median Rent
$450,500
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Boat storage facility in Chelan, WA with investment upside.
Where is this self storage facility located?
The property is located at 1110 E Woodin Ave Chelan, WA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Above market actual cap rate.; Significant upside through increasing below market rents.; Prime location in Chelan, WA.
More about this property
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