103 Veranda Dr Oroville, WA 98844
This exceptional commercial property, located at 103 Veranda Drive in Oroville, Washington, presents a unique investment opportunity. Situated within the bustling Veranda Beach Resort's Village Center, this two-story building offers 3072 square feet of versatile space, complemented by a full basement. Currently configured to include a real estate office, resort reception area, and retail space, the building's adaptability is a key asset. The layout allows for a multitude of uses, catering to diverse business needs. Imagine transforming the basement into a children's activity center or utilizing it for secure storage rentals. The second floor could easily be converted into a comfortable two-bedroom suite, while the main floor's open plan lends itself to a spa or bed and breakfast establishment. The 0.07-acre lot provides ample space for outdoor amenities or expansion. This property represents the only commercial location within the vibrant Village Center, ensuring high visibility and accessibility to a large customer base. The strategic location within the resort guarantees a steady stream of potential clients and visitors. This is a rare opportunity to acquire a well-positioned commercial building with significant upside potential in a thriving resort community. The asking price is $369,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.