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$2,500,000

For Sale

A month ago

203 2Nd Ave S, Okanogan, WA

House

MLS® 2537416

0 Bed

0 Bath

--

30 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $18,835
Days Active 39
Lot Size 0.8 Acres
Approx. Age 1918
MLS® Number 2537416

Property Address: 203 2nd Ave S, Okanogan, WA, 98840-9703

Average square foot calculated using Size range provided by listing agent.

Description

Rare investment opportunity in the heart of Okanogan. The historic Blackwell Building (built in 1918) is a fully occupied cornerstone of a classic "Main Street" footprint. Beautifully remodeled in 2007, this approx. 40, 000SF architectural gem features a timeless exterior, strong sidewalk presence, vaulted ceilings, skylights, Douglas Fir beams, chandeliers, exposed brick and designated 11, 713SF parking lot—a premium amenity for downtown properties. Located in the county seat, the versatile layout includes 7, 236 SF of main-level retail/office storefronts - currently occupied by a real estate brokerage, land trust, law firm, and wellness business. The building is well-positioned to capture traffic along the Hwy 215 business loop. The upper two levels have 16 residential apartments currently rented month-to-month. Value-add potential includes 8, 359 SF of vacant basement space that could be used for storage or remodeled for office expansion. Equipped with elevator service accessing all floors, it blends infrastructure with early-1900’s charm. The exterior doubles as a public canvas featuring large-scale historic murals from the Frank Matsura Tour that attract visitors. Ideal for niche retail, craft breweries, or farm-to-table dining designed to capture regional travelers. Also included are two parking lots totaling 10, 590SF that are leased to the Okanogan County Transit Authority. This historic landmark is a rare, portfolio piece with true repositioning and value-add potential.
MLS® Number2537416
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1918
Basement
Driveway
Garage Spaces
HeatBaseboard, Forced Air, Heat Pump
A/CForced Air, Heat Pump, Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 18, 2026List Date
$2,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
203 2Nd Ave S, Okanogan, WA

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