Property Details

68 W Hwy 28

Soap Lake, WA 98851

$969,000

Available

CBA# 710634 courtesy of CBA Listing firm: Windermere K-2 Realty, LLC

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Commercial

Property Type

6,192

Bldg Sq Ft

Units

1947

Year Built

Property Overview

Marketing RemarksLocated between Ephrata and Soap Lake, this exceptional investment opportunity features 14 studio units between $700-$875 per month, along with an additional rental storage space generating $200 per month. Exterior of the property was repainted in 2025. Tenants enjoy the convenience of all utilities included—water, garbage, and power—making these units highly attractive and easy to maintain. Soap Lake is situated along the southern shore of its namesake lake, and has long been known as a tourist destination, drawing visitors for its unique, mineral-rich waters and their reputed healing properties. This steady influx of visitors and long-term residents alike supports strong rental demand in the area.