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    305 Whitcomb Ave Tonasket, WA 98855

    For Sale
    $498,000

    Five lots, ideal for redevelopment. Clean, level site.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional commercial property, situated in the heart of Tonasket, Washington on Highway 97, presents a unique redevelopment opportunity. The property comprises five contiguous city lots, each measuring 25 feet by 140 feet, totaling 125 feet by 140 feet, offering ample space for a variety of commercial ventures. Originally developed in 1955 as a Phillips 66 service station, the site has undergone significant environmental remediation. All underground tanks and hoists have been removed, and the soil has been certified clean by ACT Able Clean-Up Technologies, Environmental Services, Spokane, WA (certification documentation available upon request). The property boasts upgraded electrical and plumbing systems, ensuring modern infrastructure is in place. A new sloped metal roof replaces the previous flat roof, enhancing durability and longevity. A newly constructed retaining wall at the rear of the property adds to its stability and functionality. This centrally located parcel offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in Tonasket. The clean slate and improved infrastructure provide a solid foundation for a diverse range of commercial developments.

    Property Features for 305 Whitcomb Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1955
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tonasket
    County
    Okanogan
    State
    Washington
    Longitude
    -119.4388
    Latitude
    48.70504

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    FAQs

    What type of property is this?
    Commercial real estate - Five lots, ideal for redevelopment. Clean, level site.
    Where is this commercial real estate located?
    The property is located at 305 Whitcomb Ave Tonasket, WA.
    What is the asking price?
    The asking price for this property is $498,000.
    (509) 476-4444
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    Tonasket, WA 98855
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    305 Whitcomb Ave Tonasket, WA 98855
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