For more information on this listing, please contact...
Coldwell Banker Koetje Real Estate
360-675-5915
1-800-869-7129
Email  |  YouTube
  • Listing #:
    • 1022728
  • Price:
    • $1,474,700
  • Status:
    • Active
  • Property Type:
    • Commercial
  • Type:
    • Comm Bldg Und 10K
  • # of Acres:
    • 1.25
  • Lot Sq.Ft.:
    • 54,450
  • Year Built:
    • 1977
  • Address:
    • 631 Oak St
  • Community:
    • Oak Harbor
  • City:
    • Oak Harbor
  • County:
    • Island
  • State:
    • WA
  • Zip:
    • 98277
  • Terms:
    • Cash Out
  • Right of 1st Refusal:
    • No
QR Code

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%.
Property Features
  • Misc Details
    • Free And Clear:
      • - Y
    • Form 17:
      • - Provided
  • Unit 1
    • Description:
      • - Idex
    • Rent Unit 1:
      • - 8608
    • Type Of Use Unit 1:
      • - Industrial Office
    • Square Feet Unit 1:
      • - 9000
    • Lease Expiration Unit 1:
      • - 2020-12-31 00:00:00
  • Tax Details
    • Tax Year:
      • - 2016
    • Tax Expense:
      • - $5,700.00
  • Income / Expenses
    • Cap Rate -NOI Div LP:
      • - 7.00
    • Net Operating Costs:
      • - $103,296.00
    • Total Monthly Rent:
      • - $8,608.00
    • Gross Scheduled Income:
      • - $103,296.00
    • Gross Adjusted Income:
      • - $103,296.00
  • Build Sq Ft
    • Approx. Building Sq. Ft.:
      • - 9,000.00
    • Approx. Office Sq. Ft.:
      • - 9,000.00
    • Total Square Feet Rented:
      • - 9000
  • Building Details
    • Building Condition:
      • - Very Good
  • Building Details
    • Foundation:
      • - Poured Concrete
    • Exterior:
      • - Metal / Vinyl
    • Roof:
      • - Metal
  • Lot Details
    • Depth Of Lot:
      • - 329
    • Lot Dimensions:
      • - Irregular
    • Site Frontage:
      • - 188
  • Land Details
    • Topography:
      • - Level
  • Utilities
    • Power Company:
      • - Pse
    • Sewer:
      • - Septic
    • Sewer Company:
      • - N / A
    • Water Company:
      • - City Of Oak Harbor
    • Water Source:
      • - Public
  • Zoning
    • General Zoning Classification:
      • - Industrial-light
    • Zoning Jurisdiction:
      • - City
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For more information on this listing, please contact...
Coldwell Banker Koetje Real Estate
360-675-5915
1-800-869-7129
Email  |  YouTube

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