For Sale: 3.62-acre Development Site in Wenatchee, WA

1. Strategic Location: Positioned in Wenatchee, known for its scenic riverfront and growing economy, this property benefits from high visibility and accessibility. The area is experiencing increased demand for both residential and commercial spaces, enhancing the land’s market value. This property is very well situated within the City of Wenatchee. It is the last large open acreage parcel that stretches from the street front of bustling Walla Walla Avenue to the vibrant Riverfront Park.
2. Zoning Benefits: WMU zoning supports a mix of uses, including residential, retail, office, and recreational facilities. This versatility increases the land’s attractiveness to a wide range of developers and investors, who can tailor their projects to meet market needs.
3. Economic Impact: Development of this land can significantly boost local economic activity by creating jobs, attracting new businesses,
and increasing property values in the surrounding area. It provides an opportunity to enhance the community’s infrastructure and amenities.

Potential Uses:

1.     Use Development: The land is ideal for a mixed-use development that combines residential units with retail and office spaces. This type of project can cater to the growing demand for live-work-play environments and capitalize on the waterfront location.
2.     Residential Complex: A residential development, such as an apartment complex, can address the increasing housing demand in Wenatchee. Given the scenic location, residential units can command premium rental or sale prices.
3.     Commercial Space: The property is well-suited for retail establishments, restaurants, or office buildings. Its location near waterfronts and existing infrastructure makes it an attractive spot for businesses looking to capitalize on high foot traffic and visibility.
4.     Recreational Facilities: Developing parks, bike paths, or community recreational areas can enhance the area’s appeal and provide valuable amenities for residents and visitors. This aligns with WMU zoning goals of integrating leisure and natural spaces.