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Listed by:Windermere RE/Lake Chelan • Cora Nordby
$ 450,000
Est. payment | /mo
0.37 Acres Lot
$ 450,000
Est. payment | /mo
0.37 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Omak
MLS Listing ID 2561019
Style 60 - Comm Bldg Und 10K
Year Built 1946
Annual Tax Amount $1,602
Lot Size 0.370 Acres
Lot Dimensions 135x120
Property Sub-Type Commercial Industrial
Property Description
High-performing commercial investment opportunity with an attractive 8% cap rate in the heart of Omak, Washington. Located on a high-visibility, high-traffic corridor with outstanding access from both Omak and neighboring Okanogan, this turnkey income-producing property offers immediate cash flow and long-term investment potential. The commercial building features three established tenants including a chiropractor, salon, and Beltone Hearing, plus two residential rental homes on commercially zoned property for diversified income. Major updates include a new roof (2014), building renovation (2023), parking lot replacement (2018), recent reseal and striping, mini-splits (2025), and exterior paint on the homes. Offering 11 parking spaces, excellent signage, strong street exposure, and mostly month-to-month leases (one through Sept. 2028), this is an outstanding opportunity for investors seeking a mixed-use commercial property, rental income, or owner-investment. Additional back area once used as meat cutting business could also be leased- has separate entry and access to 2 walk-in coolers, currently empty and storage. Family owned for generations and offered as-is.
Location
State WA
County Okanogan
Area 620 - Okanogan Valley
Interior
Flooring Laminate, Vinyl, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Metal/Vinyl, Wood, Wood Products
Roof Type Built-Up,Metal
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash, Owner Will Carry
Listing Terms Cash, Owner Will Carry
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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Zina Ivanoff
Broker | Owner | License ID: 24013372
+1(360) 583-6124 | betterbrokersrealestate@gmail.com