101 Gala Ave
Chelan WA 98816

Glacier West Chelan

101 Gala Ave Chelan WA 98816

Listing #: 714424 | Status: Available | Last Modified: 7/2/2026 |

For Sale
Clayton Brown
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 2,930,000.0
  • $/SF$ 76.9
  • Listing StatusAvailable
  • Days on Market17
  • Asset ClassIndustrial
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 10.07 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Industrial Asset Class Info
  • Dock High Doors
  • Semi-Dock Doors
  • Grade Level Door Count
  • Crane Count
Building Information
  • Building StatusExisting
  • # of Buildings4
  • # of Floors1
  • # of Units
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF38080
  • Net Rentable Area38080
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF157252
  • Acres3.61
Property Type
  • Property TypeIndustrial
  • Office Type
  • Building Class
Location
  • CountyChelan
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaChelan County
  • Tax ID #272318627060
  • Additional Parcels
  • ZoningW-I
Construction
  • Year Built1927
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Glacier West Chelan

Public Comments

We have been selected to exclusively market for sale Glacier West Chelan, a compelling value-add boat storage or light industrial opportunity located in Chelan, Washington. The Property is currently operated primarily as boat storage, with a portion leased to an industrial tenant (Empire Controls), offering multiple avenues for a new owner to enhance value through increased storage occupancy and/or conversion of portions of the Property to light industrial uses. Offered at an attractive $84.44/SF ($29.90/SF Land), the Property is priced well below the approximately $106/SF market pricing in the Chelan Valley and significantly below replacement cost, providing a compelling basis with meaningful downside protection for investors and owner-users. The Property is located within Chelan’s Industrial District, in a market where industrial vacancy across the Chelan Valley is currently 0%, creating favorable operating conditions driven by limited available space and minimal new development. Zoned W-I (Warehousing & Industrial), the Property allows for a broad range of warehouse, storage, and light industrial uses, offering flexible repositioning optionality. The site benefits from immediate proximity to the Apple Blossom Center, a major mixed-use development planned to include more than 425 residential units and future commercial space, reinforcing long-term growth and demand drivers throughout the East Chelan corridor. Additionally, the Chelan Valley attracts over 2 million visitors annually, generating more than $458 million in annual tourism revenue (2023) for Chelan County and supporting year-round demand from both visitors and residents. The Property is also located in Washington State, which imposes no state personal income tax, providing a favorable tax environment for investors and owner-users alike.

Listing Images