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Property Details for 314 E Woodin Ave Chelan WA 98816

MLS # : 1244627

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Property Photo MLS #: 1244627
314 E Woodin Ave Chelan WA 98816
Listing Number:   1244627
Listing Price:   $165,000
Type:   - Retail
Building Sq Ft:   600
Office Sq Ft:   600
Uncovered Parking:   3

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

Building
Features:   Disabled Access, Signage Included
Year Built:   1934
Effective Year Built:   2008
Effective Year Built Source:   PR
Building Condition:   Very Good
Approx. Building Sq Ft:   600
Approx. Office Sq Ft:   600
Roof:   Composition
Exterior:   Wood
Foundation:   Poured Concrete
Floor Covering:   Ceramic Tile, Concrete, Vinyl

Land
Lot Size:   1,800 Sq Ft
Lot Size Source:   Assessor
Lot Topography:   Level
Site Frontage:   60 Ft
Depth of Lot:   30 Ft

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

Parking / Loading
Total Uncovered Parking:   3
-= Unit Details =-
Total Sq Ft Rented:   600
Description Unit 1:   Property Sisters NCW
Type of Use Unit 1:   Retail/Trade
Approx. Sq Ft Unit 1:   598
Rent Unit 1:   $1,500
-= Financial Information =-
Income
Gross Scheduled Income:   $18,000
Total Monthly Rent:   $1,500

Expenses
Net Operating Costs:   $15,630
Insurance Expenses:   $500
Total Expenses:   $2,370
Total Expenses:   $2,370

Computation / Other
Cap Rate (NOI / Listing Price):   8.00
Gross Rent Multiplier:   11.00
-= Location Information =-
Address:   314 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 and in back.
-= Community Information =-
Community Name:   Chelan
-= Assessor Information =-
County:   Chelan
Tax Number:   272213512498
General Zoning Classification:   Commercial
Zoning Jurisdiction:   City
Land Assessed Value:   $34,848
Improved Assessed Value:   $35,950
Total Assessed Value:   $70,798
Year Value Assessed:   2017
Tax Amount:   $685   Tax amount may change after sale.
Tax Year:   2017
-= Purchase Information =-
Listing Price:   $165,000
Potential Terms:   Cash Out, Conventional
Bank Owned:   No
3rd Party Approval Required:   None
Possession Allowed:   Closing
Seller Disclosure Statement Provided:   Provided
Preliminary Title Ordered:   Yes
-= MLS Listing Details =-
Listing Number:   1244627
Listing Status:   Offer Pending
Listing Office:   Coldwell Banker Lavigne
Listing Date:   2018-02-12
Cumulative Days on Market*:   222
Pending Date:   2018-09-08
Original Listing Price:   $200,000
MLS Area:   961
Marketing Remarks:   Charming commercial office space! Lot recently subdivided! Now on it's own parcel! Remodeled in 2008. Title Co recently vacated for 1st time in 10 yrs. Busy "Main Drag"and Alley access w/ designated parking and prominent signage. Prime downtown Lake Chelan commercial real estate on desirable Woodin Ave. Zoning is Multi-use so live and work in same place! Close to boating, wineries, lake, parks, shopping & dining.
-= 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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