INVESTOR/DEVELOPER OPPORTUNITY in the heart of Chelan! Rare chance to unlock the full potential of this centrally located parcel w/ valuable DMU (Downtown Mixed Use) zoning, offering flexibility for residential, commercial, or mixed-use development. The existing structure was impacted by fire, creating a true blank slate for your vision. Rebuild on the original footprint or explore redevelopment options to maximize density & income potential in one of Chelan’s most desirable growth corridors. With utilities available & zoning that supports a wide range of uses, this property presents a compelling opportunity for investors looking to build equity & capitalize on Chelan’s continued growth. Bring your plans, your builder, & your vision—opportunities like this in a prime downtown-adjacent location are increasingly rare. Ideally positioned just moments from the sparkling shores of Lake Chelan, this location places you near waterfront parks, boat launches, beaches, & endless recreation. Enjoy close proximity to downtown shops, wineries, restaurants, & year-round events that make Chelan a premier destination. The surrounding area is known for its vibrant tourism, outdoor lifestyle, & strong demand for housing, vacation rentals, & mixed-use spaces.