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Property profile & analytics
OFF-MARKET
Commercial real estate

103 Veranda Dr Oroville, WA 98844

0.07 ac lot Built 2008
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 2008
Lot 0.07 ac (3,049 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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