Historic Office Building with
1c-300 Okanogan Ave, Wenatchee, WA 98801
For Sale
Contact for pricing
Includes four private offices, conference room, reception, breakroom, and flexible office space.
Property Size1,500 SF
Price / SF$0.01
Days on Market451
Property Features for 1c-300 Okanogan Ave
General Information
Standard status
Size
Taxes and HOA fees
Annual Taxes
Listing Agency:
NAI Tri-Cities Commercial
(509) 943-5200
Listed By:
Todd Sternfeld · License WA 7AA1183
(509) 539-3998
Source:
Exprealty
Added: Aug 21, 2025
Changed: Nov 10
Last Checked: Nov 12 at 8:09AM
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 NAI Tri-Cities Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Charming historic office building offering approximately 1,500 square feet of professional space. The interior layout features four private offices, a conference room, reception area, kitchen/breakroom, and an additional flexible office space.
Located at 1c-300 Okanogan Ave in Wenatchee, the property provides ample parking for tenant and client convenience. The configuration supports a range of office needs and includes flexibility for businesses that may require additional space.
Located at 1c-300 Okanogan Ave in Wenatchee, the property provides ample parking for tenant and client convenience. The configuration supports a range of office needs and includes flexibility for businesses that may require additional space.
Key Highlights
- 1,500 SF historical office building in central Wenatchee
- Interior layout includes four private offices plus a conference room
- Reception area with additional flexible office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,373
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,460
$387.5K
Cap Rate 7%
$276,757
$276.8K
Cap Rate 9%
$215,256
$215.3K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$31.5K $21.00/SF
− Vacancy
−$5.7K −$3.78/SF
EGI
$25.8K $17.22/SF
− OpEx
−$6.5K −$4.31/SF
NOI
$19.4K $12.92/SF
Area
Chelan County, WA
Vacancy
18.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,460
Cap Rate 7%
$276,757
Cap Rate 9%
$215,256
Alternative Uses
Best Use
Office B
$276.8K
$242.2K – $322.9K
NOI $19,373 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$393.4K
$344.3K – $459.0K
NOI $27,540 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,007
Businesses Nearby
Explore this area
Business Placement
Demographics for 98801, WA
44,970
Population
18,034
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
85%
High-School Grad
153.6 sq mi
ZIP Area
293
Density / Sq Mi
$74,768
Median Household Income
$41,216
Median Earnings
$1,200
Median Rent
$429,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Includes four private offices, conference room, reception, breakroom, and flexible office space.
Where is this office building located?
The property is located at 1c-300 Okanogan Ave Wenatchee, WA.
What are key features of this property?
This property features: 1,500 SF historical office building in central Wenatchee; Interior layout includes four private offices plus a conference room; Reception area with additional flexible office space
