214 Pine Street St - Office FOR SALE


Okanogan, WA 98840
$425,000 USD
208-720-7948
214 Pine Street St, Okanogan, WA for Sale
$425,000 USD
Office - FOR SALE
1/11
null | 6% Cap Rate

214 Pine Street St
Okanogan, WA 98840


HIGHLIGHTS

  • Fully renovated in 2006, and remodeled to tenant's specifications in 2015 and more planned for 2026
  • Historic Gem with curb appeal
  • New 5-Year lease with Edward Jones, who has been in the building since 2015

OVERVIEW

New 5-year lease with Edward Jones commenced 2/1/26 with 2.75% annual escalations. Beautifully remodeled historic brick building located in Downtown Historic District was completely renovated in 2006 to code, including new membrane roof, refurbished brick exterior, central ac/heat, and has many original features, including light fixtures, unique windows, skylights, and custom reception desk made from original mahogany. Main floor has 10' ceilings, open reception area, 3 offices, kitchenette, storage room, ADA bathroom + daylight basement with full kitchen and bathroom w/shower & storage room.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

871 SF

ZONING

commercial

APN/PARCEL ID

1250060403

ASK ABOUT THIS PROPERTY

Matt BoguePaul Kenny & Matt Bogue Commercial Real EstateMore Info
208-720-7948

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Matt BoguePaul Kenny & Matt Bogue Commercial Real EstateMore Info
208-720-7948

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.