1604 Wenatchee Ave Wenatchee, WA 98801
Property profile & analytics
1604 Wenatchee Ave, Wenatchee, WA 98801
- Office buildings
- 3,453 SF
- 0.50 lot acres
Property ID
US90-1895851
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 1604 Wenatchee Ave
- Lot size
- 0.50 lot acres
- Property type
- Office buildings
- APN
- 232033140900
- APU
- 232033140900
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,205,000
- ML approach
- $1,190,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $795,000
- 6.5%
- $730,000
- 7%
- $680,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,145,000
- AI Estimate
- $739,000
Market price range: $598k - $1.15MMarket price range: $241k - $754k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $815,000 Current use
- COMMERCIAL (GENERAL)
- $1,110,000 Change: +36% Conversion: Easy
- AUTO REPAIR, GARAGE
- $920,000 Change: +13% Conversion: Difficult
- RETAIL STORES
- $660,000 Change: -19% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wenatchee
- County
- Chelan
- State
- Washington
- Longitude
- -120.33
- Latitude
- 47.4464
- CBSA code
- 48300
- CBSA name
- WENATCHEE, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,052
$347,216
$336,551
$683,767
-
$347,216
$336,551
$683,767
