Listed by Center Investments, Inc.
$495,000
11th St. Professional Bldg.
Details
APN #07600300002
Property Type Retail, Office
Sub Type Executive Office, Salon & Spa Services
Square Footage 3,140
Cap Rate 7.40%
NOI $36,636
Occupancy 100%
Tenancy Multi
Price per SqFt $163
Class C
Year Built 1944
Year Renovated 1998
Buildings 1
Stories 2
Acreage 0.230
Zoning CBD (Central Business District)
Retail | 7.40% CAP | 3,140 SqFt
Marketing description
Two story, three tenant building consisting of 3,140 SF. 100% leased. Originally built in 1944, extensively renovated in 1985with recent and ongoing updates to interior spaces. 30+ year history as a viable commercial asset with current tenants that include a salon & spa services, barber shop and counseling services. Located just north of Downtown East Wenatchee with views of the Columbia River and Cascade Foothills, convenient access to SR 28 and the Apple Capital Loop Trail.
Investment highlights
- Cross Street : Valley Mall Parkway
- Submarket : CBA Douglas County
- Building Status : Existing
- Building Size : 3,140 SF
- Land Size : 0.22 Acres / 9,583 SF
Listing Contacts
Listed by Center Investments, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$36,636.00
$3,053.00/mo
Valuation Metrics
0
DSCR
7.4%
Cap Rate
7.4%
ROI
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