211 Whitman WayWenatchee, WA 98801

Property Details for 211 Whitman Way

Year built

1973

Lot size

0.21 AC

Property size (Sq ft)

4,069 SF

Property type

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.

• 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

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