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Listed by:Windermere RE K-2 Realty • Jay P. Kincaid
$ 999,000
Est. payment /mo
Active
68 W State Highway 28 Soap Lake, WA 98851
2 Baths
0.69 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Soap Lake
MLS Listing ID 2497718
Style 62 - Business Opp.
Year Built 1947
Annual Tax Amount $1,865
Lot Size 0.689 Acres
Lot Dimensions 37500
Property Sub-Type Commercial Industrial
Property Description
Located 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.
Location
State WA
County Grant
Area 291 - North Central Grant County
Interior
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood Products
Roof Type Composition
Building
Sewer Septic Tank
Water Community
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
NEARBY SCHOOL & BUSINESS
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