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Property profile & analytics
FOR SALE
Office buildings

1604 N Wenatchee Ave Wenatchee, WA 98801

3,453 SF 0.5 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US90-1895851
1604 N Wenatchee Ave, Wenatchee, WA 98801 For Sale
$1,199,000 3,453 SF
1604 N Wenatchee Ave, Wenatchee, WA 98801
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Property summary
AI-generated overview

This exceptional retail property presents a unique investment opportunity situated on a high-traffic corner of N Wenatchee Avenue in Chelan County. Boasting excellent visibility and exposure, this ±21,780 square foot lot (APN: 232033140900) is currently improved with a commercial building, specifically a grocery outlet, featuring multiple tenancies. One retail space is currently available, offering immediate potential for a variety of businesses to capitalize on the significant foot traffic and prominent location. The property's prime corner location ensures maximum exposure to passing vehicles and pedestrians, making it an ideal site for a business seeking high visibility and accessibility. The substantial lot size provides ample space for potential expansion or redevelopment, allowing for significant future growth and adaptation to evolving market demands. This property is zoned for commercial use and is ready for immediate occupancy. Serious inquiries are encouraged to explore the possibilities of this exceptional retail location. The property is located in Chelan County and offers a rare opportunity to establish a thriving business in a high-demand area. Further details regarding the existing building and available space can be provided upon request.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Total area 3,453 SF
Lot 0.5 ac (21,780 SF)
APN 232033140900
UPID US90-1895851
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.19M
CAP Approach CAP
$730k
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$1.00M
Owner & transaction history
Amj Wenatchee LLC · 2 yrs held
Amj Wenatchee LLC
since 2023
Last sale
$1.0M
4 recorded transactions
2023
Price N/A
2022
$1.0M
2019
Price N/A
2005
$725,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.1M +36.2%
Auto repair, garage $920,000 +13.2%
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