520 W Indian Avenue, Brewster

$1,299,500

Listing Office: CB Cascade - Lake Chelan.

0 Bed
0 Bath
.47 Acre
0 Garage

Investment opportunity to buy the Brewster Medical Offices building in downtown Brewster, WA. Main floor is 9,045 SF with exam rooms, offices, and waiting areas, plus 4,503 SF basement with common area, kitchen, offices, and storage. Built in 1966 on a 0.47 acre lot with room to expand. Fully leased to reconfigure as a mixed-use office building after primary tenant relocates. Present lease model generates cap rate of 5% but lags current market rates. Located on W Indian Avenue with excellent visibility, corner-lot accessibility, and ample private and on-street parking. Walking distance to restaurants, shops, schools, and just 5 minutes to Three Rivers Hospital. Rare opportunity suitable for owner-occupied or investor.

Essential Information
MLS® #2166478
Price$1,299,500
Bathrooms0.00
Acres0.47
Year Built1966
TypeCommercial Sale
Sub-TypeCommercial Industrial
StatusActive
Community Information
Address520 W Indian Avenue
Area967 - Brewster/Pateros
SubdivisionBrewster
CityBrewster
CountyOkanogan
StateWA
Zip Code98812
Amenities
Parking Spaces24
Interior Features

Ceramic Tile, Laminate, Wall to Wall Carpet

Heating

Baseboard, Forced Air, Heat Pump, Wall Unit(s)

Cooling

Central A/C, Forced Air, Window Unit A/C

Exterior
Exterior FeaturesBrick
FoundationPoured Concrete
Additional Information
Days on Market224
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Listing information last updated on May 9th, 2024 at 12:58am CDT.