Active · Commercial Sale

315 W Gibson Avenue , Chelan, WA 98816

Chelan, WA 98816

$1,950,000

— bedrooms · — bathrooms · 0 sq ft

Loading property photos…

Listing provided by KW Frontline · MLS #2590977 · Active

More properties in Chelan · Explore local city guides

About this property

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.

Property details

Property type: Commercial Industrial
Year built: 1956
Lot size: 22,836 sq ft
Association dues: $0 · frequency not provided
Parking spaces: 0

Listings courtesy of Northwest MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 10/6/2026, 9:48:53 AM Pacific. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers’ personal, noncommercial use to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website: search includes current Active, Active Under Contract, Pending and Coming Soon listings.