$450,000
Est. $2,313/mo21 W 4th Avenue, Omak, WA 98841
• Listed 2026-07-28•New today
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High-performing commercial investment opportunity with an attractive 8% cap rate in the heart of Omak, Washington. Located on a high-visibility, high-traffic corridor with outstanding access from both Omak and neighboring Okanogan, this turnkey income-producing property offers immediate cash flow and long-term investment potential. The commercial building features three established tenants including a chiropractor, salon, and Beltone Hearing, plus two residential rental homes on commercially zoned property for diversified income. Major updates include a new roof (2014), building renovation (2023), parking lot replacement (2018), recent reseal and striping, mini-splits (2025), and exterior paint on the homes. Offering 11 parking spaces, excellent signage, strong street exposure, and mostly month-to-month leases (one through Sept. 2028), this is an outstanding opportunity for investors seeking a mixed-use commercial property, rental income, or owner-investment. Additional back area once used as meat cutting business could also be leased- has separate entry and access to 2 walk-in coolers, currently empty and storage. Family owned for generations and offered as-is.
Listed by Cora Nordby • Windermere RE/Lake Chelan
Listing updated: July 31, 2026 at 01:26pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2561019
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21 W 4th Avenue, Omak, WA 98841
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Omak is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 2% below list price.
Time on market: The average home goes pending in around 43 days.
$64,000 Sold
0 days ago
•Single Family
25 Main Street S, Omak, WA 98841
9%
Under list
—
Days on market
0.3 mi
Distance
$215,000 Sold
0 days ago
3 bd•1 ba•~1,668 sq ft•Single Family
514 Ash Street S, Omak, WA 98841
4%
Under list
—
Days on market
0.1 mi
Distance
$127,500 Sold
2 days ago
5 bd•1 ba•~1,512 sq ft•Single Family
224 Bartlett Avenue E, Omak, WA 98841
2%
Over list
—
Days on market
0.6 mi
Distance
$321,500 Sold
2 weeks ago
3 bd•2 ba•~3,029 sq ft•Single Family
144 Montvu Drive, Omak, WA 98841
8%
Under list
—
Days on market
0.5 mi
Distance
$290,000 Sold
2 weeks ago
3 bd•1.75 ba•~1,883 sq ft•Single Family
23 W Hale Avenue, Omak, WA 98841
6%
Under list
—
Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
