Log In/Sign Up
Your email has been sent.
214 Pine Street St 2,100 SF 100% Leased Office Building Okanogan, WA 98840 $637,841 CAD ($303.73 CAD/SF) 5.67% Cap Rate
Investment Highlights
- Fully renovated in 2006, and remodeled to tenant's specifications in 2015 and more planned for 2026
- New 5-Year lease with Edward Jones, who has been in the building since 2015
- Historic Gem with curb appeal
Executive Summary
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.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$41,406
|
$19.72
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$41,406
|
$19.72
|
| Taxes |
$3,339
|
$1.59
|
| Operating Expenses |
$1,882
|
$0.90
|
| Total Expenses |
$5,221
|
$2.49
|
| Net Operating Income |
$36,186
|
$17.23
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $41,406 |
| Annual Per SF | $19.72 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $41,406 |
| Annual Per SF | $19.72 |
| Taxes (CAD) | |
|---|---|
| Annual | $3,339 |
| Annual Per SF | $1.59 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $1,882 |
| Annual Per SF | $0.90 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $5,221 |
| Annual Per SF | $2.49 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $36,186 |
| Annual Per SF | $17.23 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
2,100 SF
Building Class
B
Year Built/Renovated
1929/2006
Price
$637,841 CAD
Price Per SF
$303.73 CAD
Cap Rate
5.67%
NOI
$36,185 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,050 SF
Building FAR
2.41
Lot Size
0.02 AC
Zoning
commercial
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Edward Jones
- Finance and Insurance
- 2,100 SF
- -
- Single Net
- Jan 2031
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Edward Jones | Finance and Insurance | 2,100 SF | - | Single Net | Jan 2031 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 1250060403 | Total Assessment | $340,166 CAD |
| Land Assessment | $3,126 CAD | Annual Taxes | $3,339 CAD ($1.59 CAD/SF) |
| Improvements Assessment | $337,040 CAD | Tax Year | 2026 Payable 2026 |
Property Taxes
Parcel Number
1250060403
Land Assessment
$3,126 CAD
Improvements Assessment
$337,040 CAD
Total Assessment
$340,166 CAD
Annual Taxes
$3,339 CAD ($1.59 CAD/SF)
Tax Year
2026 Payable 2026
1 of 23
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
214 Pine Street St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.