631-& 660 Oak St

    Oak Harbor, WA 98277
    • $2,080,242
    • STATUS: Pending Feasibility
    • ON SITE: 191 days
    • ID#: 1225805
    Under Contract
    UPDATED: 50 min ago
    $2,080,242
    • 0
      BEDS
    • 2.68
      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. 17,720 sq ft included in 2 industrial buildings, each on a separate tax parcel, leased to a strong national tenant. The business has been in this location since 1978. Leases are all triple net with tenant paying property taxes, insurance, all utilities and normal maintenance expenses. Cap rate is 8.25%.

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    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 NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-06-22T12:17:58.097.

    www.nwhomeexperts.com/homes/79358067

    631-& 660 Oak St Oak Harbor, WA 98277

    • Price: $2,080,242
    • Status: Pending Feasibility
    • Updated: 50 min ago
    • ID#: 1225805
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.68
    Acres
    1977
    Built
    Neighborhood:
    Oak Harbor
    County:
    Island
    Area:
    N. Whidbey Island
    Property Description
    Excellent investment opportunity. 17,720 sq ft included in 2 industrial buildings, each on a separate tax parcel, leased to a strong national tenant. The business has been in this location since 1978. Leases are all triple net with tenant paying property taxes, insurance, all utilities and normal maintenance expenses. Cap rate is 8.25%.
    Exterior Features

    Building Condition Very Good Exterior Metal/Vinyl Foundation Poured Concrete Lot Depth 0 Lot Dimensions Varies Lot Topography And Vegetation Level Roof Metal Site Frontage 0 Style 61 - Comm Bldg Ovr 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 0 Waterfront Footage 0

    Interior Features

    Building Sq Ft 17720 Floor Covering ConcreteVinyl Office Sq Ft 0 Total Sq Ft Rented 17720

    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 8.25 Commercial Features Disabled Access Electrical Expenses 0 EPSEnergy 0 Form17 Provided General Zoning Classification Industrial-Light Gross Adjusted Income 172020 Gross Rent Multiplier 0 Gross Scheduled Income 172020 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 0 Net Operating Income 171620 Other Expenses 0 Possession ClosingSub. Tenant's Rights Power Company Pse Power Service Amps 0 Right Of First Refusal No Sewer Septic Tax Amount 6253 Tax Year 2016 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 400 Total Expenses TEX 400 Total Monthly Rent 14335 Vacancy Rate 0 Water Company City Of Oak Harbor Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction County

    Listing information © 2018 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 NW Home Experts 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 NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-06-22T12:17:58.097.

     
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    Listing Courtesy of Coldwell Banker Tara Prop..