315 W Gibson Avenue Chelan, WA $ 1,950,000
315 W Gibson Avenue
$ 1,950,000
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315 W Gibson Avenue

Chelan, WA, 98816
$ 1,950,000
Bedrooms-- Baths--

Monthly Estimate*

$ 13,468

Listed by Russ McClellan, KW Frontline, 509-470-2416, russ@frontlinechelan.com
315 W Gibson Avenue, Chelan, WA 98816 - Image 1
315 W Gibson Avenue, Chelan, WA 98816 - Image 2
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315 W Gibson Avenue, Chelan, WA 98816 - Image 4
315 W Gibson Avenue, Chelan, WA 98816 - Image 5
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315 W Gibson Avenue, Chelan, WA 98816 - Image 7
315 W Gibson Avenue, Chelan, WA 98816 - Image 8
315 W Gibson Avenue, Chelan, WA 98816 - Image 9
315 W Gibson Avenue, Chelan, WA 98816 - Image 10
315 W Gibson Avenue, Chelan, WA 98816 - Image 11
315 W Gibson Avenue, Chelan, WA 98816 - Image 12
315 W Gibson Avenue, Chelan, WA 98816 - Image 13
315 W Gibson Avenue, Chelan, WA 98816 - Image 14
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315 W Gibson Avenue, Chelan, WA 98816 - Image 16
315 W Gibson Avenue, Chelan, WA 98816 - Image 17
315 W Gibson Avenue, Chelan, WA 98816 - Image 18
315 W Gibson Avenue, Chelan, WA 98816 - Image 19
315 W Gibson Avenue, Chelan, WA 98816 - Image 20
315 W Gibson Avenue, Chelan, WA 98816 - Image 21
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Commercial Property for sale in Chelan, WA

for $1,950,000. This building was built in 1956 on a lot size of 0.5242.

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.

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Commercial Active

Price

$ 1,950,000

Property Type

Commercial

Taxes

$ 0

Style

Comm Bldg Ovr 10K

Lot Size

0.5242

Year Built

1956

Town/City

Chelan

County/Region

Chelan

MLS | Web ID

2590977

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Ductless See Remarks Wall Furnace
Cooling Ductless See Remarks
Possession See Remarks Subject To Tenant Rights
Roof Composition
HOA Fee 0
Year Built 1956
Topography Level
Property Subtype Commercial Industrial
County Chelan
Property Type Commercial Sale
HOA N
Subdivision Name Chelan
Possible Use Commercial Multi-Family Office Residential See Remarks
Special Listing Conditions None
Status Active
Directions From downtown Chelan head west on Woodin Ave turn right on N Emerson St then left on W Gibson Ave. 315 W Gibson Ave will be on your left.
City Chelan
Senior Community Y/N N
Zoning Description Commercial Multi-Family Office Residential See Remarks
MLS Area 961 - Lake Chelan
Lot Size Units Square Feet
Lot Size Square Feet 22836
Carport Y/N N
Listing Terms Cash Conventional Owner Will Carry
Public Remarks 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 condomini
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Property Style 61 - Comm Bldg Ovr 10K
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Exterior
Exterior Amenities Cement/Concrete
Water Source Public
Total Parking 0
Building Area Total 0
Lot Size Acres 0.5242
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2590977
Street Number 1 315
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* Excluded Features
List By
Russ McClellan

Listing Agent

Kw Frontline

Broker

russ@frontlinechelan.com

Email

Affordability Calculator

$13,468
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,468
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/5/2026$1,095,000 Listed Price

Map


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315 W Gibson Avenue, Chelan, WA, 98816 is a Commercial Property for sale at $1,950,000 with a lot size of 0.5242. 315 W Gibson Avenue was built in 1956. The property's zip code is 98816 which is in Chelan, WA