1217 Woodin Ave 1 Chelan, WA 98816-9302
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.