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$1,950,000

For Sale

3 days ago

315 W Gibson Ave, Chelan, WA

House

MLS® 2590977

0 Bed

0 Bath

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0

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 2
Lot Size 0.5242 Acres
Approx. Age 1956
MLS® Number 2590977

Property Address: 315 W Gibson Ave, Chelan, WA, 98816-9792

Average square foot calculated using Size range provided by listing agent.

Description

Westwind is not a traditional apartment building. The property includes 13 established residential condominium units currently operated together as a rental investment, along with separately condominiumized garages and parking interests. This structure creates a unique combination of current income and long-term exit flexibility. Several units have had limited rent adjustments over time, providing opportunity to increase revenue and NOI as rents move toward market levels. Continue operating as a rental portfolio, improve units and income, or potentially sell individual condominium interests over time. Seller-owned future air rights and Downtown Mixed Residential zoning add further flexibility. Directly across from Don Morse Memorial Park and walking distance to Lake Chelan, marina, dining, shopping and recreation.
MLS® Number2590977
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1956
Basement
Driveway
Garage Spaces
HeatBaseboard, Ductless, See Remarks, Wall Furnace
A/CDuctless, See Remarks

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 5, 2026List Date
$1,950,000List Price
  • Commute

Commute

Starting Address
Destination Address
315 W Gibson Ave, Chelan, WA

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