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30867674
30867621

104 11th St NE, East Wenatchee, WA 98802 For Sale

CB
WA WA 2653
Center Investments, Inc.
Center Investments, Inc.
Listed by Center Investments, Inc.
$1,150,000
130 days on market
Updated 29 days ago

104 NE 11th St

Details
APN 07600300001, 03700001010; 03700001018; 03700001047
Property Type Retail, Office (+1)
Sub Type Executive Office, Warehouse (+2)
Square Footage 7,818
Cap Rate 10.29%
NOI $118,327
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 5
Price per SqFt $147
Year Built 1987
Year Renovated 2025
Buildings 1
Stories 1
Acreage 0.24 - 0.81
Zoning Central Business District (CBD)
Investment Type Stabilized
Ceiling Height 11 - 14 ft
Dock High Doors 6

Two Tenant industrial/retail building in Central Business District of East Wenatchee

Marketing description

This 7,818 SF. building was originally constructed in 1987, stick framed with metal siding and roof. Suite 1 was recently renovated (2025) as a cannabis retail store, Suite 2 is approximately 50% office and 50% open warehouse/shop space. The property is 100% leased to two tenants, situated on 4 legal parcels that are mostly flat, with a combined size of nearly an acre, with paved parking for 36+ vehicles and frontage on Valley Mall Parkway, 11th St. NE and Alvin Court.

Fully leased industrial/retail investment property in a dynamic North Central Washington market, the Wenatchee Valley. This 7,800 SF. (2)tenant building boasts an attractive projected return. With extensive recent interior improvements to tenant suites and under market rents, turnover is of very minimal concern. Strong year over year rent increases and mandated expense recovery, offer a shield against inflation & rent rate competition. The asset is well positioned for its uses within the central business district in the low cost municipality of East Wenatchee, in Douglas County.

Investment highlights

  • 7,818 total Bldg. SF.
  • Fully leased
  • Investment property
  • Parcels (4) -07600300001, 03700001010; ...01018 & ...01047
  • Land - .81 Acres (35,283.60 Square Feet)
  • Bldg. - 7,818 SF.
  • Access - curb cut from 11th Street NE & Alvin Court
  • Location - City of East Wenatchee, Douglas Co.
  • Zoning - Central Business District (CBD)
  • Industrial Space: 5,080 SF
  • Office Space:2,450 SF
  • Bay Depth: 60 ft
  • Rentable Space: 7,530 SF

Listing Contacts

CB
WA WA 2653
Center Investments, Inc.
Center Investments, Inc.
Listed by Center Investments, Inc.

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$118,327.00
$9,860.58/mo

Valuation Metrics

0
DSCR
10.29%
Cap Rate
10.29%
ROI

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Additional Information

Name
Chaun Birks
License
WA 2653
Brokerage
Center Investments, Inc.
Title
Washington
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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