21 W 4th Avenue, Omak, WA 98841 (MLS # 2561019)
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Listing provided courtesy of Northwest MLS; Windermere RE/Lake Chelan
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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.
| LAST UPDATED | 7/28/2026 | TRACT | Omak |
|---|---|---|---|
| YEAR BUILT | 1946 | COMMUNITY | Omak |
| COUNTY | Okanogan | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Ductless, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 620 - Okanogan Valley |
| CONSTRUCTION | Metal Siding, Vinyl Siding, Wood Siding |
| HEAT | Baseboard, Ductless , Electric, Wall Furnace |
| LOT | 0.37 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 135x120 |
| MLS STATUS | Active |
| STYLE | 60 - Comm Bldg Und 10K |
| SUBDIVISION | Omak |
| TAXES | 1602 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| ZONING | Business,Commercial,See Remarks |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 7/28/26 2:52 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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