Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Wenatchee Office Space For Lease Title is generated by Realmo AI

    151 S Worthen St, Wenatchee, WA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    1950 SF daylight basement office space for lease.

    Type:OFFICE
    Property size:
    1,950 SF
    Lot size:
    0.86 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    176
    Last Refresh:
    Apr 5 at 8:34 pm

    Property Features for 151 S Worthen St

    General Information

    Standard status
    Active
    Size
    1,950 SF
    Lot size
    0.86 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 151 S Worthen St Contact us

    We can help!

    Listing Contact
    Cameron Clennon
    Cameron Clennon

    Listing agent Cameron Clennon

    Listing office Laura Mounter Real Estate & Co

    Listing date Nov 24, 2025

    Source Moodyscre

    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 Laura Mounter Real Estate & Co

    HighLights

    • Prime location on the Columbia River and Apple Capital Trail
    • Sunlit windows with views towards the Columbia River
    • Ample parking availability
    • Five private offices
    • 1,950SF daylight basement office space
    • Small outdoor patio

    Overview

    This 1,950 square foot daylight basement office space is available for lease. The space includes five private offices and features sunlit windows with views towards the Columbia River, as well as a small outdoor patio. The layout is suitable for a variety of businesses. Ample parking is available in the parking lot. The property is located in a prime area on the Columbia River and apple capital trail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Riverfront Wealth Management ... Financial Advisor Grette Associates Environmental ... Environmental Consultant Glowing Lotus Wellness ... Alternative Medicine Practice Wenatchee Licensing Agency Department Of Motor Vehicles FedEx Drop Box Postal Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Wenatchee
    County
    Douglas
    State
    Washington
    Longitude
    -120.306
    Latitude
    47.4232

    Nearby Similar for Lease

    • $16 SF/Yr
      22,100 SF

      Retail Space in North Wenatchee

      45,000 SF retail center in Wenatchee's North End.
      1207 North Wenatchee Avenue, Wenatchee, WA
      View Details
    • $12 SF/Yr
      18,306 SF

      Light Manufacturing Facility with Showroom

      18,306 SF facility with warehouse, showroom, and offices.
      521 S Columbia St, Wenatchee, WA
      View Details
    • $16 SF/Yr
      28,078 SF

      Historical Office Building in Wenatchee

      Charming 1,500 SF office space in central Wenatchee.
      300 Okanogan Ave, Wenatchee, WA 98801
      View Details
    • $6,636/Mo
      3,982 SF

      Wenatchee Office Space For Lease

      Professional office space in the heart of Wenatchee.
      325 N Chelan Ave, Wenatchee, WA
      View Details
    • $14 SF/Yr
      9,200 SF

      Wenatchee Office Space Available

      9,200 SF office space for rent in Wenatchee, WA.
      3012 Gs Center Rd, Wenatchee, WA
      View Details
    • Contact for pricing
      13,880 SF

      Retail Space in Skookum Plaza

      Retail space with great co-tenancy in Wenatchee's North End.
      917 N Wenatchee Ave, Wenatchee, WA
      View Details
    • Contact for pricing
      565 SF

      Historic Wenatchee Office Space

      Classic brick and beam office building in downtown Wenatchee.
      11 Spokane St, Wenatchee, WA 98801
      View Details
    • Contact for pricing
      15,100 SF

      Warehouse with Retail/Showroom & Offices

      13,000 SF warehouse with retail/showroom and office space.
      521 S Columbia St, Wenatchee, WA 98801
      View Details
    • Contact for pricing
      5,530 SF

      Downtown Wenatchee Adaptive Retail Project

      Adaptive project in downtown Wenatchee, perfect for retail.
      238 S Wenatchee Ave, Wenatchee, WA
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Wenatchee, Washington.
      NWC S Wenatchee Way E Kittitas St, Wenatchee, WA 98801
      View Details
    • Contact for pricing
      45,000 SF

      Wenatchee Retail and Services Center

      45,000 SF retail center in Wenatchee's North End.
      1201 N Wenatchee Ave, Wenatchee, WA 98801
      View Details

    FAQs

    What type of property is this?
    Office units - 1950 SF daylight basement office space for lease.
    Where is this office units located?
    The property is located at 151 S Worthen St Wenatchee, WA.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Prime location on the Columbia River and Apple Capital Trail; Sunlit windows with views towards the Columbia River; Ample parking availability
    (509) 665-9200 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Cameron Clennon
    Cameron Clennon
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    151 S Worthen St, Wenatchee, WA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!