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.
| MLS # | 2561019 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 54 |
| Listing Provided By | Windermere RE/Lake Chelan | Cora Nordby |
| Units | 5 |
|---|---|
| Zoning | Business,Commercial,See Remarks |
| Acreage | 0.37 |
| Property | 1602 |
|---|
| State | WA |
|---|---|
| County | Okanogan |
| City | Omak |
| Zip Code | 98841 |
| Area | 620 Okanogan Valley |
| Community Name | Omak |
| Listing VS Median (in Omak) | |
Price: $450,000 low | high Med: $389,000 On site: 54 low | high Med: 194 | |
| State | WA |
|---|---|
| County | Okanogan |
| City | Omak |
| Zip Code | 98841 |
| Area | 620 Okanogan Valley |
| Community Name | Omak |
| Listing VS Median (in Omak) | |
Price: $450,000 low | high Med: $389,000 On site: 54 low | high Med: 194 | |
![]() | $450,00021 W 4th AvenueOmak, WA 98841 |
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