2590 Elmway Okanogan, WA 98840
For Sale
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This exceptional 20,038 square foot commercial lot, located at 2590 Elmway in Okanogan, Washington, 98840, presents a unique investment opportunity. Currently configured as a physical therapy office, this property boasts a versatile layout suitable for a wide range of commercial ventures. The building features numerous office spaces and rooms, multiple bathrooms on each floor, a conference room, storage areas, and a kitchen and washer/dryer in the basement. A large connected garage/workout/play space and additional storage are located on the main floor. A full kitchen was previously on the main floor and could be easily reinstated. The property benefits from a metal roof, a heat pump for efficient climate control, and is wheelchair accessible. Ample parking is provided via a paved driveway. A large backyard adds to the property's appeal. The property is well-maintained and enjoys easy access to Okanogan/Omak. Zoned Commercial 2, the possibilities for this property are extensive. The asking price is $325,000. This is a rare opportunity to acquire a versatile commercial property in a desirable location. Don't miss out on this chance to own a piece of Okanogan's thriving commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.