422 Wenatchee AveWenatchee, WA 98801
- Retail properties
- 6,940 SF
Property Details for 422 Wenatchee Ave
- Year built
- 1958
- Lot size
- 0.28 AC
- Property size (Sq ft)
- 6,940 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
- APN
- 222010815320
- APU
- 222010815320
Description
This single-tenant industrial property at 422 S Wenatchee Avenue in Chelan County offers 6,940 square feet of manufacturing space within a 1-story, 6,940 square foot building constructed in 1958. Situated on a 0.28-acre lot (12,197 square feet), the property boasts excellent visibility due to its location just south of Downtown Wenatchee, near the LINK Transfer Station. The building's prominent location provides ample traffic exposure without the congestion that could hinder loading and unloading operations. Previously used as a NAPA Auto Parts store and currently utilized as a warehouse, this versatile property presents opportunities for light manufacturing or limited retail use. The timeless design of the building lends itself well to a business seeking a visible presence. The property's APN is 222010815320 and is located within the CBA Chelan County submarket. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space. This property offers a blend of accessibility, visibility, and functional space, making it an attractive option for a variety of businesses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,153,146
- 6.5%
- $1,987,520
- 7%
- $1,845,554
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,505,511
- Geo Method
- $3,728,787
-
Alternative Use
- Use
- Valuation
- Residential
- $1,676,547
- Hospitality
- $1,535,708
- Educational
- $1,277,691
- Medical
- $1,321,633
- Retail
- $1,987,520
Location Insight
- City
- Wenatchee
- County
- Chelan
- State
- Washington
- Latitude
- 47.4187
- Longitude
- -120.307
- CBSA code
- 48300
- CBSA name
- WENATCHEE, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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