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Property profile & analytics
OFF-MARKET Estimated value $295,000
Turn key restaurants

96 Pne St Okanogan, WA 98840-9690

1,334 SF 0.4 ac lot Built 2004
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US90-1982534
Property summary
AI-generated overview

This exceptional 19,000 square-foot multi-use property, situated on a 0.4-acre lot at 96 E Pine Street in Okanogan, Washington, presents a rare investment opportunity. Originally constructed in 1932, this building boasts impressive architectural details, including expansive locally-sourced structural timbers and beams. Substantial renovations in 2005 modernized the property significantly, incorporating a comprehensive fire suppression system, upgraded electrical and plumbing infrastructure, and other contemporary features. The property includes a fully equipped commercial kitchen and dining area, a spacious banquet hall with seating for 280, and two large cold storage rooms. A large sanitary food-processing room adds to the versatility, complemented by multiple storage and office units. The building's size and diverse features offer almost limitless potential for various commercial ventures, particularly within the wine and agriculture sectors. Industrial or residential repurposing also presents viable options for creative entrepreneurs. Priced at $599,900, this property represents a unique chance to acquire a substantial and adaptable commercial space in a desirable location. The combination of historical charm and modern upgrades makes this a truly exceptional offering.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2004
Total area 1,334 SF
Lot 0.4 ac (17,424 SF)
APN 3326160042
UPID US90-1982534
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
Current use
Occupant on record · Public records
  • Old Flour Mill Restaurant
  • Couleefarms Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k
Owner & transaction history
Okanogan Old Flour Mill LLC · 9 yrs held
Okanogan Old Flour Mill LLC
since 2016
5 recorded transactions
2016
Price N/A
2008
$146,450
2007
Price N/A
2006
Price N/A
2005
$229,673
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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