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Property profile & analytics
OFF-MARKET
Commercial real estate

108 Rainier St Waterville, WA 98858

Built 1910
Property ID
US90-2067923
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1910
UPID US90-2067923
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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