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Listed by:RE/MAX Advantage • Mary Signorelli
$ 2,250,000
Est. payment | /mo
0.46 Acres Lot
$ 2,250,000
Est. payment | /mo
0.46 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Lakeside
MLS Listing ID 2451559
Style 61 - Comm Bldg Ovr 10K
Year Built 1922
Lot Size 0.460 Acres
Lot Dimensions 144 x110
Property Sub-Type Commercial Industrial
Property Description
Rare investment opportunity in the heart of Lake Chelan's thriving hospitality district. Encompassing nearly ½ acre across two tax parcels, this commercially zoned property offers an exceptional combination of existing income potential, valuable infrastructure, and future redevelopment opportunities in one of Chelan's most desirable commercial locations. Existing improvements include 10 rental units with kitchens or kitchenettes, a 1,520 sq. ft. three-bedroom residence, office, swimming pool, ample parking, mature landscaping, and established utility infrastructure. With a proven operating history already in place, the property is well-positioned for continued hospitality use, renovation, expansion, or redevelopment. Located just minutes from downtown Chelan and close to Lake Chelan, the property enjoys excellent visibility, easy access, and year-round tourism within an established hospitality corridor. Commercial zoning provides flexibility for a variety of future uses, including boutique hotel, vacation lodging, extended-stay accommodations, or other hospitality concepts (buyer to verify intended uses). Large commercial parcels of this size in central Chelan are increasingly rare. Opportunities to acquire a property with this location, scale, infrastructure, and long-term upside are exceptional.
Location
State WA
County Chelan
Area 961 - Lake Chelan
Interior
Flooring Ceramic Tile, Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Wood Products
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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