About 106 & 108 W Pleasant Avenue
Opportunity rings in Cashmere! Two adjacent parcels totaling 0.59 acres offer multi-family zoning for up to 12 units, ideal for long-term or short-term rentals in this high-demand area. Current storage facility provides immediate income with room to expand on the vacant lot, creating strong cash flow potential. Excellent location with easy Hwy 2 & Hwy 97 access—perfect for travelers and tenants alike. Nearby 4-plex units rent for approx. $1,900/month, and with a 6.5% cap rate, the projected value of a completed 12-unit development exceeds $2.8M. Build, expand storage, or combine both strategies for maximum return!
Features of 106 & 108 W Pleasant Avenue
MLS® # | 2410907 |
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Price | $510,000 |
Bathrooms | 0.00 |
Acres | 0.59 |
Type | Lot/Land |
Sub-Type | Land |
Status | Active |
Community Information
Address | 106 & 108 W Pleasant Avenue |
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Area | 963 - Cashmere |
Subdivision | Cashmere |
City | Cashmere |
County | Chelan |
State | WA |
Zip Code | 98815 |
Amenities
Parking | Garage |
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Is Waterfront | No |
Interior
Fireplace | No |
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Exterior
Lot Description | Dead End Street, Paved |
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School Information
District | Cashmere |
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Elementary | Vale Elem |
Middle | Cashmere Mid |
High | Cashmere High |
Additional Information
Days on Market | 88 |
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Cumulative Days on Market | 88 |
Days on Website | 88 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Re/max Advantage |
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