Technical
Financial
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Property profile

211 Whitman Way Wenatchee, WA 98801

OFF-MARKET
Office buildings
Property ID
US90-1948547
4,069 SF 0.21 ac lot Built 1973
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,000-square-foot office suite is ideally situated in the heart of downtown Wenatchee, offering unparalleled convenience and visibility. Located at 211 Whitman Way, Suite B, this single-tenant space boasts a flexible layout easily adaptable to various business needs. The suite features a well-designed interior including a lobby, breakroom, one bathroom, and an open work area, allowing for the creation of multiple private offices. Built in 1973, this below-grade unit is part of a two-story building with a total of three suites. The monthly rent is $1,100, plus a $100 service fee, and includes a modified gross lease structure where the landlord covers insurance, property taxes, landscaping, snow removal, water, sewer, and garbage. Tenants will have access to two designated parking spaces, with additional overflow parking provided by the HOA and two-hour street parking available on Whitman Way. The property is zoned commercial and enjoys excellent street frontage on Whitman Way, adjacent to Wells Fargo. The lease requires a first month, last month, and security deposit (amount to be determined). Lease terms are negotiable. This prime location offers high traffic and excellent visibility, making it an ideal space for businesses seeking a prominent downtown Wenatchee presence. The property's convenient access to major thoroughfares, including N Mission Street and N Chelan Avenue, further enhances its appeal. Power is supplied by Chelan County PUD. The ceiling height is 8 feet.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1973
Total area 4,069 SF
Lot 0.21 ac (9,148 SF)
APN 222003650045
UPID US90-1948547

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Hair Salon Nail Salon
  • Dental Office
  • Computer & Electronic Repair

Location

211 Whitman Way Wenatchee, WA 98801-2192
Wenatchee metro Census 961002 WENATCHEE, WA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$860k
Comparable Approach Comparable
$752k
Blend (final) Blend
$340k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.1M +13.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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