Residential and business high-performing 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. Consisting of three buildings- two houses and one main business building, all with established tenants. Three business tenants include 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 used for storage. Family owned for generations and offered as-is.
| MLS # | 2564017 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 20 |
| Listing Provided By | Windermere RE/Lake Chelan | Cora Nordby |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,723 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | Misc. Comm Services |
| 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: $399,000 sqft: 3,723 low | high Med: 2,044 $ / sqft: $121 low | high Med: $197 On site: 20 low | high Med: 117.5 | |
| 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: $399,000 sqft: 3,723 low | high Med: 2,044 $ / sqft: $121 low | high Med: $197 On site: 20 low | high Med: 117.5 | |
![]() | $275,000317 Ash StreetOmak, WA 98841 |