Property Details
214 Pine Street
Okanogan, WA 98840
$449,900
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Property Overview
Okanogan WA – Beautiful remodeled Historic Brick Building-main floor & daylight basement, built 1929. Old-style charm w/ many original features i.e. light fixtures, unique windows, skylights, & custom reception desk made from original mahogany. Main Floor–10’ceilings, open reception area, 3 offices, kitchen area, storage room, and ADA bathroom plus copier center area. Daylight basement features large room with full kitchen, .75 bathroom, closet, and storage room. Excellent investment property with current A+ tenant (Edward Jones/5 year lease just signed/expires 2031). $449,900. C-3739/MLS1646932.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Okanogan
Neighborhood
Okanogan
Listed
Feb 21, 2026
Parcel Number
1250060403
Tax & HOA
Annual Property Tax
$2,221 (2026)
Est. Monthly Tax
$185/mo
Financial Summary
Cap Rate
5.60%
Net Operating Income
$25,500
Gross Scheduled Income
$29,179
Gross Rent Multiplier
15.40
Total Expenses
$3,202
Total Actual Rent
$2,431/mo
Building & Use
Building Sq Ft
2,244
Total Units
1
Sq Ft Rented
2,244
Zoning
Commercial
Possible Use
Commercial
Lot Size
1,124 sqft
Year Built
1929
Exterior & Lot
Lot Size
0.03 sqft
Year Built
1929
Exterior Materials
Brick
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Brick
Community & Access
Directions
Main Street/2nd Ave Okanogan, turn west on Pine St. Building on right, behind CW/Baines Title.
Location
City
Okanogan
County
Okanogan
Coordinates
48.36437, -119.58103
Additional Information
Tax Year
2026
Annual Taxes
$2,221
Possession
Array
