For more information on this listing, please contact...
Nick McLean Selling Washington State
509-670-5532
Email
  • Listing #:
    • 1222426
  • Price:
    • $2,945,000
  • Status:
    • Active
  • Property Type:
    • Commercial
  • Type:
    • Hotel/Motel
  • # of Acres:
    • 1.79
  • Lot Sq.Ft.:
    • 77,972
  • Year Built:
    • 1955
  • Address:
    • 1002 E Woodin Ave
  • Community:
    • Chelan
  • City:
    • Chelan
  • County:
    • Chelan
  • State:
    • WA
  • Zip:
    • 98816
  • Terms:
    • Cash Out, Conventional
  • Right of 1st Refusal:
    • No
QR Code

Description
Chelan Motel With Great Highway Visibility. 41 Rooms Including 4 Kitchenettes And A One Bedroom Apartment. Commercial Laundry On Site To Handle All Linens "in House". Year 'round Hot Tub And Seasonal Swimming Pool. Large Covered Carport And Storage Building. Approximate Half Acre Currently Used For Guest Boat Trailer Parking In Summer. Computer Reservation System Includes The Ability For Online Reservations By Guest.
Property Features
  • Misc Details
    • Environment Survey:
      • - No
    • Free And Clear:
      • - Y
    • Form 17:
      • - Provided
  • Assessments
    • Year Value Assessed:
      • - 2016
    • Total Assessed Value:
      • - $1,226,400.00
    • Land Assessed Value:
      • - $311,890.00
    • Improved Assessed Value:
      • - $914,510.00
  • Tax Details
    • Tax Year:
      • - 2017
    • Tax Expense:
      • - $10,643.00
  • Income / Expenses
    • Gross Rent Multiplier:
      • - 4
    • Cap Rate -NOI Div LP:
      • - 11.00
    • Net Operating Costs:
      • - $324,154.00
    • Electrical Expenses:
      • - $9,300.00
    • Insurance Expenses:
      • - $13,500.00
    • Other Expenses:
      • - $327,614.00
    • Gross Adjusted Income:
      • - $707,511.00
  • Parking
    • Total Uncovered Parking:
      • - 51
  • Build Sq Ft
    • Approx. Building Sq. Ft.:
      • - 19,031.00
    • Approx. Office Sq. Ft.:
      • - 1,000.00
  • Building Details
    • Building Condition:
      • - Good
    • Ceiling Height:
      • - 8 Ft
  • Building Details
    • Features:
      • - Signage Included
      • - Storage
    • Floor Covering:
      • - Ceramic Tile
      • - Vinyl
      • - Wall To Wall Carpet
    • Heating And Cooling:
      • - Wall
      • - Ductless Hp-mini Split
    • Foundation:
      • - Concrete Block
      • - Slab
    • Exterior:
      • - Cement / Concrete
      • - Wood
    • Roof:
      • - Metal
      • - Torch Down
  • Land Details
    • Expansion Area:
      • - Yes
    • Topography:
      • - Level
  • Utilities
    • Energy Source:
      • - Electric
    • Power Company:
      • - Chelan County Pud
    • Water / Sewer / Garbage:
      • - 22300
    • Sewer:
      • - Sewer Connected
    • Sewer Company:
      • - City Of Chelan
    • Water Company:
      • - City Of Chelan
    • Water Source:
      • - Public
  • Zoning
    • General Zoning Classification:
      • - Commercial
    • Zoning Jurisdiction:
      • - City
Nearby Listings
0.34 Mi.

531 E Woodin Ave

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 0 ft²
0.52 Mi.

45 East Shop Rd

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 0 ft²
0.57 Mi.

314 E Woodin Ave

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 0 ft²
For more information on this listing, please contact...
Nick McLean Selling Washington State
509-670-5532
Email

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