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104 E Woodin Ave
Chelan, WA 98816

Lakeview Hotel · Hospitality Property For Sale · 11,000 SF

Investment Highlights

  • Located in Central Downtown Chelan with high foot traffic.
  • Own your piece of historic downtown Chelan! Sale includes building with profitable hotel, restaurant, ice cream shop, and coffee bar.
  • The hotel was fully renovated in 2000 and has many amenities.
  • Just one block from Johnson Ave and Columbia St in Chelan's beautiful downtown core.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.15 AC
Building Size 11,000 SF
No. Stories 2
Year Built/Renovated 1926/2000
Parking Ratio 1.45/1,000 SF
Corridor Interior

Amenities

  • Balcony
  • Restaurant
  • Room Service

About 104 E Woodin Ave , Chelan, WA 98816

The Lakeview Hotel offers 12 upscale rooms overlooking Lake Chelan, finished in dark woods with jetted soaking tubs, gas fireplaces and wet bars in each room. Turn-key operation managed by leading US vacation rental firm. BC MacDonald's Restaurant features modern pub fare menu, 40 taps on glycol, an imported Spanish cherry bar backdrop. Ice cream shop and coffee/wine bar offer excellent quick serve food and beverage income opportunity. Separate 0.1 acre parking lot is a level downtown Chelan city lot zoned Downtown Mixed Use (DMU). Fully paved for parking and all utilities available. Currently required by city variance ruling for Lakeview Hotel parking, but can be separately developed if hotel is converted to condo units or apartments, or the variance is successfully reassigned to a separate parking lot. Great development opportunity for multi-family housing, apartment building, retail, new office/professional building, restaurant, or simply add parking for your nearby business.

zoning

Zoning Code Downtown Mixed Use (Nightly Accomodations, Retail, Office)
Downtown Mixed Use (Nightly Accomodations, Retail, Office)
  • Listing ID: 18311428

  • Date on Market: 1/26/2020

  • Last Updated:

  • Address: 104 E Woodin Ave, Chelan, WA 98816

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