631 Oak St

    Oak Harbor, WA 98277
    • $1,288,700
    • STATUS: Pending Feasibility
    • ON SITE: 655 days
    • ID#: 1022728
    Under Contract
    UPDATED: 53 min ago
    $1,288,700
    • 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 8%.

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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 2018-06-18T08:14:30.45.

    www.nwhomeexperts.com/homes/66178858

    631 Oak St Oak Harbor, WA 98277

    • Price: $1,288,700
    • Status: Pending Feasibility
    • Updated: 53 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 8%.
    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 8.00 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 103196 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 200 Total Expenses TEX 200 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 © 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 2018-06-18T08:14:30.45.

     
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    Listing Courtesy of Coldwell Banker Tara Prop..