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2037 W Woodin Ave 6,048 SF Retail Building Chelan, WA 98816 $4,200,000 ($694.44/SF) 6% Cap Rate
Executive Summary
Prime commercial investment opportunity on Chelan’s south shore! This fully leased (NNN) and recently remodeled building offers a strong, stable income stream with quality tenants in place. The property features high-quality finishes, energy-efficient systems, and updated mechanical and electrical infrastructure. Modern Northwest design creates an inviting atmosphere for tenants and guests alike. Enjoy two expansive outdoor spaces, a rooftop deck with sweeping views and a large main-floor deck, perfect for events or gatherings. Ample on-site parking is an added convenience for retail patrons. This turn-key investment with strong financial performance is an ideal opportunity for those seeking a stabilized asset in one of the most desirable areas.
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,048 SF
Building Class
B
Year Built/Renovated
1930/2019
Price
$4,200,000
Price Per SF
$694.44
Cap Rate
6%
NOI
$252,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.15
Lot Size
0.91 AC
Zoning
Commercial
Amenities
- Corner Lot
- Restaurant
- Tenant Controlled HVAC
- Wheelchair Accessible
- Roof Terrace
- Storage Space
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Lakeside Tavern
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- Sigillo Cellars
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- Sparkman Cellars
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Lakeside Tavern | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| Sigillo Cellars | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| Sparkman Cellars | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | - |
Property Taxes
| Parcel Number | 45450 | Improvements Assessment | $1,569,231 |
| Land Assessment | $594,000 | Total Assessment | $2,163,231 |
Property Taxes
Parcel Number
45450
Land Assessment
$594,000
Improvements Assessment
$1,569,231
Total Assessment
$2,163,231
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Presented by
Northshore Realty
2037 W Woodin Ave
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