1328 Woodin Ave Chelan, WA 98816-9303
This exceptional 1.21-acre commercial waterfront property in Chelan, Washington, presents a unique investment opportunity. Boasting approximately 185 feet of prime Lake Chelan frontage, this site is ideally situated in the heart of the area's recreational hub, adjacent to a marina with 168 deep-water mooring slips ranging from 24 to 40 feet. The property's Commercial Waterfront zoning allows for a wide range of development possibilities, including multi-family residential with short-term rental potential, townhouses, hotels, and restaurants. Its strategic location offers unparalleled convenience, with proximity to the Lady of the Lake Chelan-Stehekin Ferry Terminal, providing easy boat access and public pier parking. Furthermore, this desirable location is within walking distance of downtown Chelan, public parks, Slidewaters water park, and local wineries. This is a rare chance to acquire the only available high-density development site directly on the shores of Lake Chelan, offering significant potential for substantial returns. The property is located at 1328 W Woodin Ave, Chelan, WA 98816, in Chelan County. The asking price is $2,300,000.
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
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