422 Wenatchee AveWenatchee, WA 98801

  • Retail properties
  • 6,940 SF
For Lease
$13.50/SF/YR View listing

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
422 Wenatchee Ave, Wenatchee, Washington

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

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
$2,562
$170,755
$117,641
$288,396
-
$170,755
$117,641
$288,396

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