About this home

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.

Exterior features

Property details

Heating

Baseboard, Ductless, Wall Furnace

Cooling

Ductless, Insert, Window Unit(s)

Flooring

Laminate, Vinyl, Vinyl Plank, Carpet

Water source

Public

Sewer

Sewer Connected

Costs

Annual taxes

$1,602 (2026)

Location

Omak, WA 98841