68 W State Highway 28, Soap Lake, WA 98851
Commercial Property 
Built in 1947 
0.69acre lot
—— car garage 
$——/sqft 
Listed 12 days ago
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.
- Listing Status:
- Active
- Data Last Updated:
- April 4, 2026 at 11:19PM
- Listing Office:
- Windermere RE K-2 Realty : 509-765-3337
- Listing Agent:
- Jay P. Kincaid : 509-765-3337
- MLS ID:
- 2497718
- General: Wood Products
- Parking: Parking spaces: 0
- Roofing: Composition
- General: 62 - Business Opp.Concrete Ribbon
- HOA Amenities: 0.0
- Originating MLS: nwmls
- County: Grant
- Zoning: 081202000
- Water: Community
- Sewer: Septic Tank
- Source: nwmls
This listing courtesy of Jay P. Kincaid , Windermere RE K-2 Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Soap Lake Elementary School
410 Ginkgo St S, Soap Lake, WA, 98851
Grades PK-5
0.71 miles away
Soap Lake Middle & High School
527 2nd Ave SW, Soap Lake, WA, 98851
Grades 6-12
0.82 miles away
Soap Lake Middle & High School
527 2nd Ave SW, Soap Lake, WA, 98851
Grades 6-12
0.82 miles away
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Presented by Veterans United Realty