Property Details
203 2nd Avenue S
Okanogan, WA 98840
$2,500,000
Active
Schedule a Showing
Select your date preference
Request More Info
1 / 40
Property Overview
Rare investment opportunity in the heart of Okanogan. The historic Blackwell Building (built in 1918) is a fully occupied cornerstone of a classic "Main Street" footprint. Beautifully remodeled in 2007, this approx. 40,000SF architectural gem features a timeless exterior, strong sidewalk presence, vaulted ceilings, skylights, Douglas Fir beams, chandeliers, exposed brick and designated 11,713SF parking lot—a premium amenity for downtown properties. Located in the county seat, the versatile layout includes 7,236 SF of main-level retail/office storefronts – currently occupied by a real estate brokerage, land trust, law firm, and wellness business. The building is well-positioned to capture traffic along the Hwy 215 business loop. The upper two levels have 16 residential apartments currently rented month-to-month. Value-add potential includes 8,359 SF of vacant basement space that could be used for storage or remodeled for office expansion. Equipped with elevator service accessing all floors, it blends infrastructure with early-1900’s charm. The exterior doubles as a public canvas featuring large-scale historic murals from the Frank Matsura Tour that attract visitors. Ideal for niche retail, craft breweries, or farm-to-table dining designed to capture regional travelers. Also included are two parking lots totaling 10,590SF that are leased to the Okanogan County Transit Authority. This historic landmark is a rare, portfolio piece with true repositioning and value-add potential.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Okanogan
Neighborhood
Okanogan
Listed
Jun 18, 2026
Parcel Number
9011000100
Tax & HOA
Annual Property Tax
$18,835 (2026)
Est. Monthly Tax
$1,570/mo
Building & Use
Building Sq Ft
40,000
Zoning
Commercial,Office,Residential,Retail,See Remarks
Possible Use
Commercial, Office, Residential, Retail, See Remarks
Lot Size
34,848 sqft
Year Built
1918
Exterior & Lot
Lot Size
0.80 sqft
Year Built
1918
Exterior Materials
Brick, Cement, Stone
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Brick, Cement/Concrete, Stone
Community & Access
Directions
Hwy 97/20- to Okanogan Center-to 2nd Avenue S-to Blackwell Building on corner of Queen and 2nd.
Location
City
Okanogan
County
Okanogan
Coordinates
48.36296, -119.58137
Additional Information
Tax Year
2026
Annual Taxes
$18,835
Possession
Array
Based on information submitted to the MLS GRID as of June 23, 2026 1:04 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
