326 Miller St Wenatchee, WA 98801

Property Details for 326 Miller St

Year built

1911

Lot size

0.32 lot acres

Property size

2,898 SF

Property type

Commercial real estate

APN

222004410300

Description

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.