631 Oak St

Oak Harbor, WA 98277
  • $1,474,700
  • STATUS: Active
  • ON SITE: 299 days
  • ID#: 1022728
UPDATED: 65 min ago
$1,474,700
  • 0
    BEDS
  • 1.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1977
County:

School Ratings & Info

Listing Courtesy of Coldwell Banker Tara Prop..

Description

Excellent investment opportunity. 9,000 sq.ft. industrial building leased to a strong national tenant. The business has been here since 1978. Lease is triple net with tenant paying property taxes, insurance, all utilities and normal maintenance expenses. Cap rate is 7%.

The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-06-27T19:18:14.577.

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www.home4investment.com/homes/66178858

631 Oak St Oak Harbor, WA 98277

  • Price: $1,474,700
  • Status: Active
  • Updated: 65 min ago
  • ID#: 1022728
0
Beds
0
Baths
0
½ Baths
1.25
Acres
1977
Built
Neighborhood:
Oak Harbor
County:
Island
Area:
N. Whidbey Island
Property Description
Excellent investment opportunity. 9,000 sq.ft. industrial building leased to a strong national tenant. The business has been here since 1978. Lease is triple net with tenant paying property taxes, insurance, all utilities and normal maintenance expenses. Cap rate is 7%.
Exterior Features

Building Condition Very Good Exterior Metal/Vinyl Foundation Poured Concrete Lot Depth 329 Lot Dimensions irregular Lot Topography And Vegetation Level Roof Metal Site Frontage 188 Style 60 - Comm Bldg Und 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 0 Waterfront Footage 0

Interior Features

Building Sq Ft 9000 Office Sq Ft 9000 Total Sq Ft Rented 9000

Property Features

Assessed Value Improvements 0 Assessed Value Land 0 Assessed Value Total 0 Assessed Value Year 0 Available Pads 0 Bank Owned No Boundary Survey 7.00 Electrical Expenses 0 EPSEnergy 0 Form17 Provided Free And Clear Y General Zoning Classification Industrial-Light Gross Adjusted Income 103296 Gross Rent Multiplier 0 Gross Scheduled Income 103296 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 0 Net Operating Income 103296 Other Expenses 0 Possession ClosingSub. Tenant's Rights Power Company Pse Power Service Amps 0 Right Of First Refusal No Sewer Septic Sewer Company N/A Tax Amount 5700 Tax Year 2016 Terms Cash Out Third Party Approval Required None Total Expenses EXP 0 Total Expenses TEX 0 Total Monthly Rent 8608 Vacancy Rate 0 Water Company City Of Oak Harbor Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

Listing information © 2017 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Ben Kinney Real Estate Team - Keller Williams Western Realty and should be verified by the buyer.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-06-27T19:18:14.577.

Click here for Digital Millennium Copyright Act
Ben Kinney Real Estate Team - Keller Williams Western Realty
2211 Rimland Drive Suite 124
Bellingham WA, 98226
Listing Courtesy of Coldwell Banker Tara Prop..