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    96 Pine St Okanogan, WA 98840

    Sponsored
    For Sale
    $599,900

    Historic building, huge potential, prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 19,000 square-foot multi-use property, situated on a 0.4-acre lot at 96 E Pine Street in Okanogan, Washington, presents a rare investment opportunity. Originally constructed in 1932, this building boasts impressive architectural details, including expansive locally-sourced structural timbers and beams. Substantial renovations in 2005 modernized the property significantly, incorporating a comprehensive fire suppression system, upgraded electrical and plumbing infrastructure, and other contemporary features. The property includes a fully equipped commercial kitchen and dining area, a spacious banquet hall with seating for 280, and two large cold storage rooms. A large sanitary food-processing room adds to the versatility, complemented by multiple storage and office units. The building's size and diverse features offer almost limitless potential for various commercial ventures, particularly within the wine and agriculture sectors. Industrial or residential repurposing also presents viable options for creative entrepreneurs. Priced at $599,900, this property represents a unique chance to acquire a substantial and adaptable commercial space in a desirable location. The combination of historical charm and modern upgrades makes this a truly exceptional offering.

    Property Features for 96 Pine St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    17,424 SF

    Building Details

    Year Built
    1932
    Property Profile Location Intelligence

    Current Use by Public Records

    Old Flour Mill American Restaurant Couleefarms Caterer

    Suggested Use

    Restaurant Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Okanogan
    County
    Okanogan
    State
    Washington
    Longitude
    -119.5778
    Latitude
    48.36223

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    FAQs

    What type of property is this?
    Commercial real estate - Historic building, huge potential, prime location.
    Where is this commercial real estate located?
    The property is located at 96 Pine St Okanogan, WA.
    What is the asking price?
    The asking price for this property is $599,900.
    Request Owner's contact information
    96 Pine St Okanogan, WA 98840
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    Okanogan, WA 98840
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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
    96 Pine St Okanogan, WA 98840
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