$2,500,000
( )
 $13,421 est/mo Sourced by Back At You

315 W Gibson Avenue,Chelan, WA 98816

Chelan, WA 98816

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Description

Westwind combines existing income with thirteen separately established condominium interests, preserving multiple ownership and exit strategies not typically associated with a traditional multifamily acquisition. Offered as a single acquisition, the project provides the ability to continue current operations while retaining the flexibility associated with separate condominium ownership. Located directly across from Don Morse Memorial Park and within walking distance to Lake Chelan, the marina, restaurants, shopping, grocery stores, the Lakeview Drive-In, bowling, recreation amenities, and Link Transit, the property benefits from one of downtown Chelan's most walkable settings. Seller-owned future air rights, six garages, demonstrated renovation upside, and Downtown Mixed Residential zoning provide additional flexibility for future ownership objectives. Buyers may elect to continue operations, enhance income through renovations, pursue individual condominium dispositions over time, hold for long-term appreciation, or independently evaluate future expansion or redevelopment concepts. Buyer to verify all information material to intended use.

Details

MLS #2541255
Listing TypeFor Sale
StyleCommercial Industrial
Sub-TypeResale
StatusActive
Year1956
Days On Site83
Listing Provided ByKW NCW | Russ McClellan

Features

ZoningCommercial,Multi-Family,Office,R
Acreage0.52

Area Information

StateWA
CountyChelan
CityChelan
Zip Code98816
Area961 Lake Chelan
Community NameChelan
Listing VS Median (in Chelan)
Price:
$2,500,000
low | high
Med:
$554,900
100% of Average
On site:
83
low | high
Med:
83
100% of Average
Sourced by Back At You

Market Activity 98816

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Learn More About This Property

StateWA
CountyChelan
CityChelan
Zip Code98816
Area961 Lake Chelan
Community NameChelan
Listing VS Median (in Chelan)
Price:
$2,500,000
low | high
Med:
$554,900
100% of Average
On site:
83
low | high
Med:
83
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.875M - $3.125M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
225 W Highland Avenue Property Photo 1
$1,275,000
225 W Highland Avenue
Chelan, WA 98816
219 W Highland Avenue Property Photo 1
$389,000
219 W Highland Avenue
Chelan, WA 98816
Listing Updated: July 10, 2026 at 11:20:07 AM PDT