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Property profile & analytics
OFF-MARKET
Commercial real estate

326 Miller St Wenatchee, WA 98801

2,898 SF 0.32 ac lot Built 1911
Property ID
US90-3063391
Property summary
AI-generated overview

This exceptional 2,898 square foot executive office building in Wenatchee, WA, presents a compelling investment opportunity. Originally a Craftsman-style residence built in 1911, it was thoughtfully converted to office space in 2006. The two-story building boasts a fully finished basement with above-grade windows, adding significant usable space. The interior layout is highly functional, featuring seven or more private offices, an open work area, multiple conference rooms, two restrooms, a kitchenette, and several reception/waiting areas or breakrooms. The property sits on a 0.32-acre lot and includes over 20 paved parking spaces, mature landscaping with irrigation, and excellent street signage on busy N. Miller Street near the intersection of 5th and Miller. The building is zoned for the North Wenatchee Business District and offers a strong net operating income (NOI) of $38,778, resulting in a 7.39% cap rate. The asking price is $465,000, translating to $181.16 per square foot. This property is ideal for owner-users seeking a well-appointed space or investors looking for a solid return on investment. The building's history, modern conversion, and prime location combine to create a truly unique and attractive commercial property.

Property profile
Verified
Property type Commercial real estate
Year built 1911
Total area 2,898 SF
Lot 0.32 ac (13,939 SF)
APN 222004410300
UPID US90-3063391
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
Current use
Occupant on record · Public records
  • Shipowick-Smith Counseling LLC Counselor
  • Jesica Lingo Counselor Practitioner Service Location
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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