Property Details

101 Gala Ave

Chelan, WA 98816

$3,250,000

Available

CBA# 708180 courtesy of CBA Listing firm: Marcus & Millichap, Inc.

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Industrial

Property Type

38,080

Bldg Sq Ft

1927

Year Built

Property Overview

We have been selected to exclusively market for sale Glacier West Chelan, a compelling value-add boat storage or light industrial opportunity located in Chelan, Washington. The Property is currently operated primarily as boat storage, with a portion leased to an industrial tenant (Empire Controls), offering multiple avenues for a new owner to enhance value through increased storage occupancy and/or conversion of portions of the Property to light industrial uses. Offered at an attractive $84.44/SF ($29.90/SF Land), the Property is priced well below the approximately $106/SF market pricing in the Chelan Valley and significantly below replacement cost, providing a compelling basis with meaningful downside protection for investors and owner-users. The Property is located within Chelan’s Indust