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Property Details for 312 E Woodin Ave Chelan WA 98816

MLS # : 1191721

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Property Photo MLS #: 1191721
312 E Woodin Ave Chelan WA 98816
Listing Number:   1191721
Listing Price:   $399,000
Type:   - Retail
Building Sq Ft:   2,182
Office Sq Ft:   1,090

Katz Realty, Inc.
509-725-1701
Courtesy:   Coldwell Banker Lavigne
-= Property Details =-
Commercial Type:   - Retail

Building
Features:   Disabled Access, Storage
Year Built:   1934
Effective Year Built:   2008
Effective Year Built Source:   PR
Building Condition:   Remodeled
Approx. Building Sq Ft:   2,182
Approx. Office Sq Ft:   1,090
Approx. Warehouse/Manufacturing Sq Ft:   1,092
Roof:   Composition
Exterior:   Wood
Foundation:   Poured Concrete
Floor Covering:   Concrete, Hardwood, Vinyl

Land
Lot Size:   4,734 Sq Ft
Lot Size Source:   Assessor
Lot Topography:   Level

Utilities
Energy Source:   Electric
Power Company:   Chelan County PUD
Water Source:   Public
Water Company:   City of Chelan
Sewer:   Sewer Connected
Sewer Company:   City of Chelan
Heating and Cooling:   Forced Air
-= Unit Details =-
Total Sq Ft Rented:   2,182
Description Unit 1:   A Shot of Gratitude
Type of Use Unit 1:   Retail/Trade
Approx. Sq Ft Unit 1:   2182
Rent Unit 1:   $1,665
-= Financial Information =-
Income
Gross Scheduled Income:   $23,580
Total Monthly Rent:   $1,665

Expenses
Net Operating Costs:   $21,713
Insurance Expenses:   $500
Total Expenses:   $1,867
Total Expenses:   $1,867

Computation / Other
Cap Rate (NOI / Listing Price):   5.00
Gross Rent Multiplier:   19.00
-= Location Information =-
Address:   312 E Woodin Ave
City:   Chelan
State:   WA
Zip Code:   98816
Latitude:   47.83955600
Longitude:   -120.01410000
Driving Directions:   Hwy 97A to Chelan. R on E Woodin Ave. Building on right.
-= Community Information =-
Community Name:   Chelan
-= Assessor Information =-
County:   Chelan
Tax Number:   272213512496
General Zoning Classification:   Commercial
Zoning Jurisdiction:   City
Land Assessed Value:   $69,696
Improved Assessed Value:   $71,899
Total Assessed Value:   $141,595
Year Value Assessed:   2017
Tax Amount:   $1,367   Tax amount may change after sale.
Tax Year:   2017
-= Purchase Information =-
Listing Price:   $399,000
Potential Terms:   Cash Out, Conventional, See Remarks
Bank Owned:   No
3rd Party Approval Required:   None
Possession Allowed:   Closing, Sub. Tenant's Rights
Seller Disclosure Statement Provided:   Provided
Preliminary Title Ordered:   Yes
-= MLS Listing Details =-
Listing Number:   1191721
Listing Status:   Active
Listing Office:   Coldwell Banker Lavigne
Listing Date:   2017-09-08
Cumulative Days on Market*:   345
Original Listing Price:   $650,000
MLS Area:   961
Marketing Remarks:   Independent, successful, retail building, recently sub-divided so building in back is on own parcel. Everything remodeled in 2008. Successful Pub operating for over 10 years. Pub bldg features mngr living quarters in updated basement apt or extra storage and prep area. Alley access w/ designated employee parking. Prime downtown Lake Chelan commercial real estate on desirable Woodin Ave.
-= Disclaimer =-
The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.
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