190 S Nile Ave East Wenatchee, WA 98802
- Commercial real estate
- 24.39 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 190 S Nile Ave
- Lot size
- 24.39 lot acres
- Property type
- Commercial real estate
Description
This exceptional 24.39-acre commercial land parcel presents a remarkable investment opportunity in the thriving East Wenatchee, Washington market. Located at 190 S Nile Ave, 98802, this strategically positioned property boasts a highly desirable "L" shape, offering significant development potential. The site's prime location abuts Grant Road, Nile Avenue, 1st Street, and 2nd Street, ensuring high visibility and accessibility. Zoned for Light Commercial use, this property offers flexibility for a wide range of commercial ventures. Interestingly, the existing zoning has also permitted apartment development via Conditional Use Permit (CUP) in the past, opening up additional possibilities for mixed-use projects. The asking price is $4,200,000, translating to an attractive price per acre of $172,202. This substantial land area, coupled with its strategic location and flexible zoning, makes it an ideal platform for large-scale commercial development in a rapidly growing area. Further investigation into the property's potential uses and development opportunities is strongly encouraged. A video showcasing the property is available for viewing. This is a rare opportunity to acquire a significant commercial land holding in a dynamic and expanding market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Wenatchee
- County
- Douglas
- State
- Washington
- Longitude
- -120.2399644
- Latitude
- 47.4024906
