434 Rock Island Road, East Wenatchee, WA 98802
- $879,000
Listing courtesy of LPT Realty LLC.
- List Price
- $879,000
- Status
- ACTIVE
- MLS#
- 2578003
- Days on Market
- 0
- Annual Tax Ammount
- 5838.35
Property Description
Turnkey commercial investment with highway visibility, flexible high-bay space, and room to grow. Fully renovated in 2025, this 5,000 SF commercial property sits on 0.76 acres of flat, fully paved, commercially zoned land overlooking Highway 28. With approximately 16,000 vehicles passing daily, the property offers excellent visibility and prominent business signage potential. The building is configured as three versatile units with 19' center height and four 12' roll-up doors. Each unit features its own central heat/AC, bathroom, and dedicated office space. A 6" reinforced concrete slab provides a durable foundation well suited for heavy trucks, equipment, and commercial use. Ample on-site parking and storage support a variety of commercial operations. The property is currently 100% leased month-to-month to plumbing and towing businesses, with current rents below market, providing potential for future income growth. The expansive site offers room for additional improvements or expansion, subject to applicable approvals. Included are two shipping containers, a loading/docking ramp, and a fenced area currently used as an impound lot. Located approximately 0.4 miles from the Highway 28 intersection, this property combines functionality, visibility, existing income, and future upside. Water and mountain views add an uncommon bonus. Ideal for an investor, owner-user, contractor, trades business, or commercial operator seeking a versatile property with room to grow.
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Additional Information
- Community
- East Wenatchee
- Building Condition
- Very Good
- Style
- 71 - Light Indrl.
- Year Built
- 1988
- # of Assigned Spaces
- 55
- Roof
- Metal
- Tax Year
- 2026
- Potential Terms
- Cash, Conventional
- Flooring
- Concrete
- Driving Directions
- Use GPS, call LA w/questions
- Energy Source
- Electric
- Net Operating Income
- $33,309
- Gross Adjusted Income
- $42,000
- Gross Scheduled Income
- $42,000
- Cap Rate
- 3.79
- Total Expenses
- $8,690
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.