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2037 W Woodin Ave
Chelan, WA 98816
Retail Property For Sale
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.
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
PROPERTY TAXES
| Parcel Number | 45450 | Improvements Assessment | $1,328,021 |
| Land Assessment | $594,000 | Total Assessment | $1,922,021 |
PROPERTY TAXES
Parcel Number
45450
Land Assessment
$594,000
Improvements Assessment
$1,328,021
Total Assessment
$1,922,021
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