Grant Road Development Site
High Density Development Site in East Wenatchee | 18.18 acres
Marketing description
2820 Grant Road presents a large-scale development opportunity in East Wenatchee totaling 18.18 acres across two parcels. The site stands out for its simple geometry, strong frontage, and attractive views, all of which support an efficient planning process and a wide range of potential product types. With flexibility to allocate density dynamically across the property, the offering provides the ability to respond to the landscape while optimizing unit count, layout, and overall project economics.
The property is located within the Wenatchee MSA, which includes Chelan and Douglas Counties and continues to benefit from a diverse regional economy tied to healthcare, retail, agriculture, warehousing, and transportation. Douglas County’s population grew 6.7% from the 2020 Census base to the July 1, 2024 estimate, underscoring the area’s steady expansion. The broader Wenatchee-East Wenatchee metro also remains an established employment center for North Central Washington, supporting ongoing housing demand on both sides of the Columbia River.
Grant Road is an increasingly important corridor in East Wenatchee, with the city highlighting continuing improvements and infrastructure work along the corridor, putting this site squarely in the path of future growth. With immediate access to the Wenatchee Valley and the amenities, employment opportunities, and daily services that drive residential demand the Grant Road site offers a combination of frontage, flexibility, and location that is difficult to replicate.
Investment highlights
Flexible Development Potential
With 18.18 acres across two parcels, the site offers a rare opportunity to program a mix of densities across the landscape. Currently zoned R-H, permitted uses include high density multifamily up to 540 units, single-family, and everything in between.
Prime Grant Road Frontage
Situated along Grant Road in East Wenatchee, the property benefits from strong visibility, straightforward access, and a simple, highly usable site layout. Great views and a square footprint enhance planning efficiency and position the property for a compelling finished product.
Path of Growth Location
As Grant Road continues to emerge as a central hub within the greater East Wenatchee area, the site is well positioned to benefit from surrounding growth and infrastructure investment. While just minutes from the Wenatchee Valley, the property offers a more serene setting that feels removed from the urban center.
Income Flexibility During Entitlement
The existing home and outbuildings are currently leased, offering potential income during the pre-development period. The property may be delivered vacant or with income in place, providing flexibility as timing, density, and execution strategy are refined.
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