211 Whitman WayWenatchee, WA 98801
- Office properties
- 4,069 SF
Property Details for 211 Whitman Way
- Year built
- 1973
- Lot size
- 0.21 AC
- Property size (Sq ft)
- 4,069 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 222003650045
- APU
- 222003650045
Description
This exceptional 1,000-square-foot office suite is ideally situated in the heart of downtown Wenatchee, offering unparalleled convenience and visibility. Located at 211 Whitman Way, Suite B, this single-tenant space boasts a flexible layout easily adaptable to various business needs. The suite features a well-designed interior including a lobby, breakroom, one bathroom, and an open work area, allowing for the creation of multiple private offices. Built in 1973, this below-grade unit is part of a two-story building with a total of three suites. The monthly rent is $1,100, plus a $100 service fee, and includes a modified gross lease structure where the landlord covers insurance, property taxes, landscaping, snow removal, water, sewer, and garbage. Tenants will have access to two designated parking spaces, with additional overflow parking provided by the HOA and two-hour street parking available on Whitman Way. The property is zoned commercial and enjoys excellent street frontage on Whitman Way, adjacent to Wells Fargo. The lease requires a first month, last month, and security deposit (amount to be determined). Lease terms are negotiable. This prime location offers high traffic and excellent visibility, making it an ideal space for businesses seeking a prominent downtown Wenatchee presence. The property's convenient access to major thoroughfares, including N Mission Street and N Chelan Avenue, further enhances its appeal. Power is supplied by Chelan County PUD. The ceiling height is 8 feet.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $858,808
- 6.5%
- $792,746
- 7%
- $736,121
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,048,271
- Geo Method
- $867,552
-
Alternative Use
- Use
- Valuation
- Residential
- $983,005
- Hospitality
- $900,427
- Educational
- $749,145
- Medical
- $774,909
- Retail
- $1,165,336
Location Insight
- City
- Wenatchee
- County
- Chelan
- State
- Washington
- Latitude
- 47.428
- Longitude
- -120.317
- 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
FAQs
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