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    Versatile Commercial Building in Medical Lake
    Updated: Apr 27
    Versatile Commercial Building in Medical Lake

    118 E LAKE St, Medical Lake, WA 99022

    $285,000
    1,924 sqft · 0.07 AC lot
    Prime location in the heart of Medical Lake, close to FAFB, Amazon, I90, and Eastern State Hospital.
    Versatile commercial building suitable for retail, office, restaurant/bar, salon, and other businesses.
    Fully equipped salon with eight hair stations, three backwash stations, three pedicure chairs, four nail stations, and a facial room.
    Plenty of off‑street parking.
    Durable brick construction.
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    This listing looks promising.

    Here's a quick look at some key insights for

    118 E LAKE St, Medical Lake, WA 99022

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $21K
      Annual

    • Mortgage

      $72K
      May 2007

    • Last Sold

      May 2007
      $74K

    • Property Type

      Commercial (General)
      Built 1905
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    Specialty Community Facility
    Updated: Jun 1
    Specialty Community Facility

    6701 N Idaho Rd, Newman Lake, WA 99025

    $2,200,000
    10,800 sqft · 10.09 AC lot
    2005‑built specialty facility with flexible interior layout for assisted living, church, school, or community use
    Built‑in commercial kitchen plus functional assembly space designed for large‑group operations
    Central air conditioning with forced‑air, natural gas and electric (heating) systems
    Accessibility includes handicap restrooms, accessible approach with ramp, and handicap access
    Exterior features include lawn and sprinkler system; composition roof
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    South Hill Adult Family Home
    South Hill Adult Family Home

    2214 E 36th Ave, Spokane, WA 99203

    $675,000
    13,386 sqft · 0.31 AC lot

    Well-established, income-producing adult family home in a peaceful Spokane neighborhood.

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    Adult Care Home Opportunity
    Adult Care Home Opportunity

    Adult Care Home Spokane Rd, Spokane Valley, WA 99212

    $1,345,000
    4,173 sqft · 0.36 AC lot

    Licensed adult care home with business included in Spokane Valley.

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    Union Gap Redevelopment Opportunity
    Union Gap Redevelopment Opportunity

    2506 Old Town Rd, Union Gap, WA 98903

    $3,500,000
    21,255 sqft · 2.92 AC lot

    Prime 2.92-acre commercial site in Union Gap, Washington.

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    Versatile Spokane Multi-Family/Mixed-Use Property
    Versatile Spokane Multi-Family/Mixed-Use Property

    604 S Ray St, Spokane, WA 99202

    $749,900
    3,014 sqft · 0.15 AC lot

    Multi-family/mixed-use property with income potential near schools and hospital.

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    South Hill Adult Family Home
    South Hill Adult Family Home

    4414 S Helena St, Spokane, WA 99223

    $700,000
    16,063 sqft · 0.37 AC lot

    Well-established, income-producing adult family home in a peaceful Spokane neighborhood.

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    Commercial Building with Spa Buildout
    Commercial Building with Spa Buildout

    1321 W Northwest Blvd, Spokane, WA 99205

    $350,000
    1,541 sqft · 0.08 AC lot

    Commercially zoned building near heavy traffic, with off-street parking and an available turnkey spa setup.

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    Versatile Spokane Multi-Family/Mixed-Use Property
    Versatile Spokane Multi-Family/Mixed-Use Property

    604 S Ray St, Spokane, WA 99202

    $750,000
    198 sqft · 0.15 AC lot

    Multi-family/mixed-use property with strong income potential and multiple uses.

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    Medical Office Center with Vacant Suite
    Medical Office Center with Vacant Suite

    22306 Mountain Hwy E, Spanaway, WA 98387

    $965,000
    4,821 sqft · 0.50 AC lot

    Partially leased medical center includes a warm-shell vacant suite with restroom in place for flexible occupancy.

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    Yakima Medical Facility For Sale
    Yakima Medical Facility For Sale

    504 North 40th Avenue, Yakima, WA 98908

    $2,800,000
    18,591 sqft · 1.31 AC lot

    Well-equipped medical facility leased to MultiCare Hospital until March 2027.

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    Redeveloped Medical Facility with NNN Lease
    Redeveloped Medical Facility with NNN Lease

    198 Ponderosa Road, Colville, WA 99114

    $1,630,000
    6,043 sqft · 1.28 AC lot

    Stand-alone dialysis and chiropractic facility on an absolute NNN structure with strong, investment-grade tenant support.

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    Olympia Healthcare Investment Opportunity
    Olympia Healthcare Investment Opportunity

    115 New View Ct NE, Olympia, WA 98506

    $3,600,000
    9,520 sqft · 1.10 AC lot

    9,520 SF medical building near Providence St. Peter Hospital.

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    Two-Story Office Building
    Two-Story Office Building

    1717 W 6th Ave, Spokane, WA 99204

    $1,550,000
    5,200 sqft

    Well-maintained, Class A office building with available space for an owner-user and fully leased upper suites.

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    Versatile Commercial Building Near Hospital
    Versatile Commercial Building Near Hospital

    223 N K Street, Tacoma, WA 98403

    $1,400,000
    3,096 sqft · 0.16 AC lot

    3,096 SF commercial building near Tacoma General Hospital.

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    Renovated Retail and Office Building
    Renovated Retail and Office Building

    802 Southshore Diamond Lake Rd, Newport, WA 99156

    $625,000
    2,438 sqft

    Turnkey, renovated building across from the lake with strong highway visibility on multiple parcels.

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    Medical Office Building with Parking
    Medical Office Building with Parking

    808 Port Drive, Clarkston, WA 99403

    $1,175,000
    4,140 sqft · 0.81 AC lot

    2012-built medical office building on Port Commercial-zoned land with ample on-site parking.

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    Assisted Living Care Facility
    Assisted Living Care Facility

    1717 East Rowan, Spokane, WA 99207

    $3,000,000

    Fully occupied assisted living residence with 44 rooms, shared amenities, and an on-site commercial kitchen.

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    Tanning Salon and Boutique
    Tanning Salon and Boutique

    135 W Washington, Sequim, WA 98382

    $65,000
    1,944 sqft

    Turnkey tanning salon and fashion boutique with four private tanning beds and retail furnishings included.

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    Established Medical Eye Center
    Established Medical Eye Center

    700 M St NE, Auburn, WA 98002

    $3,990,000
    8,396 sqft

    Medical and surgical eye care center in Puget Sound.

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    Versatile Commercial Condo in Seattle
    Versatile Commercial Condo in Seattle

    2929 1st Ave, Seattle, WA 98121

    $635,000
    1,509 sqft

    1,509 SF vacant condo in high-traffic Seattle location.

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    Stepping Stones Professional Office Building
    Stepping Stones Professional Office Building

    1515 Technology Blvd, Spokane, WA 99224

    $6,500,000

    Well-maintained medical office building with leaseback opportunity in Spokane, WA.

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    Medical Building with Surgery Center
    Medical Building with Surgery Center

    340 Birchwood Ave, Bellingham, WA

    $5,295,000
    7,516 sqft · 1.83 AC lot

    Stand-alone medical building with surgery center and operatory rooms.

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    Versatile Commercial Building in Tacoma
    Versatile Commercial Building in Tacoma

    223 K St, Tacoma, WA 98403

    $1,400,000
    3,096 sqft

    3,096 SF commercial building with flexible layout in New Tacoma.

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    Washington Healthcare Properties Market Trends and Statistics

    Explore 79 healthcare properties for sale in Washington, showcased through 79 active listings on our real estate platform. These investment opportunities span a total of 551,375 square feet of properties for sale, with an estimated market value of $140,710,670.

    Sale prices for medical real estate in Washington start at $65,000, averaging $2,605,753, and reaching up to $20,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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