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    Property profile & analytics

    108 Rainier St Waterville, WA 98858

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-2067923
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 108 Rainier St

    Year built
    1910
    Property type
    Commercial real estate

    Description

    This unique 0.4-acre property in Waterville, WA, presents a rare opportunity to own a piece of local history. Originally constructed in 1910 as the town's railroad depot, this charming building has recently served as a residential property, but its Central Business zoning unlocks exciting commercial possibilities. Situated at 108 S Rainier Street, the property boasts a spacious 21'x30' attached two-car garage, offering ample storage or workshop space. Recent renovations include two completely finished bathrooms, a new electrical service panel ready for EV charging, updated Pex plumbing and ABS drains, and fresh exterior paint. The property's location offers easy access to the amenities of Waterville, including a K-12 school, airport, clinic, and a nearby ski hill. Its proximity to larger towns like Wenatchee, Chelan, and Leavenworth makes it an ideal location for a business catering to both locals and tourists. The ample land provides space for expansion, outdoor seating, or even a garden. This versatile property is perfect for a variety of commercial ventures, such as a coffee shop or other local business, offering a blend of historical charm and modern updates. The asking price is $375,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waterville
    County
    Douglas
    State
    Washington
    Longitude
    -120.0689
    Latitude
    47.647

    Comparable in this City

    • Contact for pricing
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      49.00 Acres

      Wooded Land Parcel Near Waterville

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      154 Acres Vacant Land

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    Similar Nearby for Sale

    • Contact for pricing
      6.20 Acres

      Waterville Vacant Land For Sale

      6.20 acre vacant land parcel available in Waterville, Washington.
      Parcel 15 Nna Deer Crk Dr, Waterville, WA 98858
      View Details
    • $88,500
      49.00 Acres

      Wooded Land Parcel Near Waterville

      49 acres of wooded land for recreational getaway.
      Nna Rd 2 NW, Waterville, WA 98858
      View Details
    • $165,900
      154.00 Acres

      154 Acres Vacant Land

      154 acres of vacant land with good access.
      154 Acres, Waterville, WA 98858
      View Details
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    108 Rainier St
    Waterville, WA 98858
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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
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