517 S Wenatchee Ave
Wenatchee WA 98801
517 S Wenatchee Avenue
517 S Wenatchee Ave Wenatchee WA 98801
Listing #: 691978 | Status: Pending | Last Modified: 4/28/2025 |
For Sale
- Phone:(509) 435-2424
- Email:rlayton@areanw.com
- Office Name:American Real Estate Associates, Inc.
- Office Phone:(509) 435-2424
- Office Website:
- Agent Phone:(509) 795-4431
- Agent Email:greg@areanw.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 4,950,000.0
- $/SF$ 93.0
- Listing StatusPending
- Days on Market92
- Asset ClassRetail, Industrial, Specialty
- Terms
- Investment Type
- Investment PropYes
- Gross Income427,438
- Vacancy Factor %25.32%
- Operating Expenses95,955
- Net Operating Income223,242
- CAP Rate 6.70 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Dock High Doors
- Semi-Dock Doors
- Grade Level Door Count
- Crane Count
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF53238
- Net Rentable Area0
- Total Office SF
- Largest Contiguous SF
- Lot SF33022
- Acres0.76
- Property TypeIndustrial
- Office Type
- Building Class
- CountyChelan
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaChelan County
- Tax ID #222010815400
- Additional Parcels
- ZoningRetail trade
- Year Built1925
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
529 Storage
This four-story, fully remodeled brick building offers a unique blend of retail, storage, and expansion potential, making it an attractive asset for investors seeking both current income and future growth. With its prime location, high occupancy, and substantial room for expansion, this property is positioned for long-term value appreciation in a rapidly growing area with strong demographics. We are pleased to present an exceptional investment opportunity in the heart of Downtown Wenatchee, Washington.
