636 Valley Mall PkwyEast Wenatchee, WA 98802

  • Office properties
  • 13,800 SF
For Lease
$14/SF/YR View listing

Property Details for 636 Valley Mall Pkwy

Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.32 AC
Property size (Sq ft)
13,800 SF
Zone code
2
Property type
Office properties
APN
7800000004
APU
7800000004

Description

This exceptional East Wenatchee office property, the Village East Professional Center, presents a unique opportunity for businesses seeking flexible and well-appointed space. Located at 636 Valley Mall Pkwy, 98802, this Class B building offers a total of 21,213 square feet across two stories. Built in 1990, the property features one building situated on a 0.32-acre lot, zoned for Central Business District (CBD) use within the CBA Douglas County submarket. The building includes convenient amenities such as elevators. Currently, there are 3,421 square feet of vacant space available, divisible into units ranging from a minimum of 1,021 square feet to a maximum contiguous space of 2,400 square feet. This makes it ideal for a variety of business needs, from small startups to established companies requiring expansion. The available space is adaptable and can accommodate various configurations. Noteworthy features include a full-service office setup, a dedicated production room, a well-equipped kitchen, and a functional conference room. Furthermore, the space is offered furnished, providing immediate occupancy and minimizing upfront setup costs. This property offers a blend of convenience, functionality, and a prime location in the thriving East Wenatchee business district. Inquire today to explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,912,500
    6.5%
    $2,688,462
    7%
    $2,496,429
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,555,180
    Geo Method
    $2,942,298
  • Alternative Use

    Use
    Valuation
    Residential
    $3,333,693
    Hospitality
    $3,053,645
    Educational
    $2,540,597
    Medical
    $2,627,972
    Retail
    $3,952,039

Location Insight

City
East Wenatchee
County
Douglas
State
Washington
Latitude
47.4132
Longitude
-120.293
CBSA code
48300
CBSA name
WENATCHEE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$32,010
$147,200
$3,746,600
$3,893,800
-
$147,200
$3,746,600
$3,893,800

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