Listing Office: KW Frontline Northwest Multiple Listing Service Logo

315 W Gibson Avenue, Chelan, WA

$2,500,000

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0.52

Acres

About 315 W Gibson Avenue

Westwind combines existing income with thirteen separately established condominium interests, preserving multiple ownership and exit strategies not typically associated with a traditional multifamily acquisition. Offered as a single acquisition, the project provides the ability to continue current operations while retaining the flexibility associated with separate condominium ownership. Located directly across from Don Morse Memorial Park and within walking distance to Lake Chelan, the marina, restaurants, shopping, grocery stores, the Lakeview Drive-In, bowling, recreation amenities, and Link Transit, the property benefits from one of downtown Chelan's most walkable settings. Seller-owned future air rights, six garages, demonstrated renovation upside, and Downtown Mixed Residential zoning provide additional flexibility for future ownership objectives. Buyers may elect to continue operations, enhance income through renovations, pursue individual condominium dispositions over time, hold for long-term appreciation, or independently evaluate future expansion or redevelopment concepts. Buyer to verify all information material to intended use.

Features of 315 W Gibson Avenue

MLS® # 2541255
Price $2,500,000
Acres 0.52
Year Built 1956
Type Commercial Sale
Sub-Type Commercial Industrial
Status Active

Community Information

Address 315 W Gibson Avenue
Area 961 - Lake Chelan
Subdivision Chelan
City Chelan
County Chelan
State WA
Zip Code 98816

Amenities

Is Waterfront No

Interior

Heating Baseboard, Ductless, See Remarks, Wall Furnace
Cooling Ductless, See Remarks
Fireplace No

Exterior

Exterior Features Cement/Concrete

Additional Information

Date Listed June 16th, 2026
Days on Market 86
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKW Frontline

Listing Map

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