337 Valley Mall PkwyEast Wenatchee, WA 98802

Property Details for 337 Valley Mall Pkwy

Year built

2003

Construction

WOOD

Lot size

0.58 AC

Property size (Sq ft)

4,338 SF

Zone code

2

Property type

Retail properties

Property subtype

Banks

APN

3700002923

APU

3700002923

Description

This exceptional 4,400 square foot freestanding restaurant space presents a unique opportunity for a discerning operator. Previously occupied by a Shari's Restaurant, this single-tenant property boasts high visibility and accessibility, situated on the east side of State Route 28, directly adjacent to the Senator George Stellar Bridge. Its strategic location within the Wenatchee Valley Mall outparcel offers significant advantages, benefiting from the substantial traffic generated by neighboring anchor tenants including Macy's, Sportsman's Warehouse, Ross, Marshalls, and Grocery Outlet. The entire 4,400 square feet is currently vacant, providing a blank canvas for a new culinary concept or retail venture. The property's prominent location ensures high visibility and easy access for customers, making it an ideal site for a restaurant or other retail establishment seeking a strong foothold in a thriving market. The building's size and layout offer ample space for both front-of-house operations and back-of-house functions, providing flexibility for a variety of business models. This is a rare opportunity to acquire a well-positioned, high-traffic property in a desirable location within the Wenatchee Valley Mall area. The property's existing infrastructure provides a solid foundation for a quick and efficient build-out, minimizing upfront costs and maximizing return on investment. Don't miss this chance to establish your business in a prime location with exceptional visibility and strong surrounding retail presence.

• CAP approach

  CAP return

  Valuation

  6%

  $1,345,827

  6.5%

  $1,242,302

  7%

  $1,153,566

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,816,255

  Geo Method

  $2,330,760

• Alternative Use

  Use

  Valuation

  Residential

  $1,047,928

  Hospitality

  $959,896

  Educational

  $798,623

  Medical

  $826,088

  Retail

  $1,242,302

Location Insight

City

East Wenatchee

County

Douglas

State

Washington

Latitude

47.4096

Longitude

-120.289

CBSA code

48300

CBSA name

WENATCHEE, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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