$450,000
21 4th Avenue
Omak, WA 98841
Beds
4
Baths
4
Sq Ft
3,723
Lot
0.37 ac
Year built
1946
Type
Residential
Days listed
51
MLS #
2564017
About this home
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.
Interior features
Exterior features
Appliances
Property details
- Heating
- Baseboard, Ductless, Wall Furnace
- Cooling
- Ductless, Insert, Window Unit(s)
- Flooring
- Concrete, Vinyl Plank, Carpet
- Parking
- Driveway, Off Street
- Lot
- Alley, Corner Lot, Curbs, Paved, Sidewalk
- Water source
- Public
- Sewer
- Sewer Connected
- Style
- Traditional
- Levels
- One
Costs
- Price / sq ft
- $121
- Annual taxes
- $1,602 (2026)
Estimate your monthly payment
$2,409/mo
- Principal & interest
- $2,275
- Property taxes
- $134
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Omak, WA 98841
Approximate location. Contact us to confirm the exact address.
Listing courtesy of Windermere RE/Lake Chelan— Cora Nordby.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
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