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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 LAKE CHELAN HOSPITALITY PROPERTY ON just shy of 1/2 AC WITH RESIDENCE, POOL AND REDEVELOPMENT POTENTIAL! This IS truly an irreplaceable property, the location cannot be duplicated: Minutes to Downtown Chelan Walking distance/close proximity to Lake Chelan Resort community with strong tourism High visibility Easy access Established hospitality corridor Buildings can be remodelled Once gone, more prime locations like this are not available. The Land Value alone should give one pause, this size parcel in central Chelan is becoming increasingly scarce. Where else can an investor acquire approximately one-half acre in one of Chelan's most desirable lodging or Commercial districts with structures, utilities and a business history already in place? EXISTING IMPROVEMENTS INCLUDE: *Two tax parcels *10 rental units *10 kitchens or kitchenette accommodations *A three bedroom-1520 sf residence *Office *Swimming Pool *Parking *Landscaping *Utility infrastructure *Reputable history Think about the cost of replacing all that is included in this package, even before adding in the land. The VALUE speaks for itself. Commercial Zoning is already in place, bring your creative ideas for: A Boutique hotel, Vacation lodging, Extended stay accommodations, Expanded hospitality concept, Redevelopment opportunity. Future opportunities subject to buyer verification & creativity. The Question is: WHAT COULD THIS PROPERTY BECOME FOR THE NEXT BUYER- YOU- IN THIS LOCATION?
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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