1604 N Wenatchee Ave Wenatchee, WA 98801
For Sale
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.
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
Similar Nearby for Lease
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.