138 Woodin Ave Chelan, WA 98816
- Turn key restaurants
- 5,025 SF
- 0.12 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 138 Woodin Ave
- Year built
- 1926
- Lot size
- 0.12 lot acres
- Property size
- 5,025 SF
- Property type
- Turn key restaurants
- APN
- 272213512447
- APU
- 272213512447
Description
Hanger 138, located at 138 E Woodin Avenue in the heart of downtown Chelan, WA, presents a unique opportunity to acquire a thriving, established restaurant. This business boasts a 25+ year history of serving the Lake Chelan Valley, offering a menu featuring burgers, sandwiches, and traditional pub fare in a lively atmosphere. A complete renovation in 2021 modernized the space, creating both family-friendly indoor and outdoor dining areas. The restaurant also features a dedicated adult-only section complete with four new pool tables and a classic cocktail bar, catering to a diverse clientele. The business benefits from a long-term lease (building not included in sale price). This turnkey operation is ideally positioned to capitalize on the consistent tourist traffic and strong year-round local resident base. Financial details are available upon execution of a non-disclosure agreement (NDA). Seller financing options may be available. This profitable and well-regarded restaurant offers an exceptional opportunity for an experienced food and beverage professional to establish themselves in a desirable location within a vibrant community. The sale price is $349,500.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chelan
- County
- Chelan
- State
- Washington
- Longitude
- -120.018
- Latitude
- 47.8396
- CBSA code
- 48300
- CBSA name
- WENATCHEE, WA METROPOLITAN STATISTICAL AREA
