For more information on this listing, please contact...
Coldwell Banker Koetje Real Estate
360-675-5915
1-800-869-7129
Email  |  YouTube
  • Listing #:
    • 1304696
  • Price:
    • $399,000
  • Status:
    • Active
  • Property Type:
    • Commercial
  • Type:
    • Comm Bldg Und 10K
  • Year Built:
    • 1984
  • Address:
    • 520 E Whidbey Ave
  • Unit #:
    • 19-22
  • Community:
    • City Of Oak Harbor
  • City:
    • Oak Harbor
  • County:
    • Island
  • State:
    • WA
  • Zip:
    • 98277
  • Terms:
    • Cash Out, Conventional
  • Right of 1st Refusal:
    • No
QR Code

Description
Now Available For The First Time, Four Commercial Condos, Currently Comprising Three Separate Leased Professional Offices. Solid Investment Opportunity With Proven Track Record. Low Office Vacancy In Oak Harbor. One Suite Will Become Available For Occupancy Soon. Relocate Your Office To Take Advantage Of The Central Location And High Traffic/high Visibility And Have Rental Properties Too!
Property Features
  • REO / BPO
    • 3rd Party Required:
      • - Other - See Remarks
  • Misc Details
    • Free And Clear:
      • - Y
    • Form 17:
      • - Exempt
  • Assessments
    • Year Value Assessed:
      • - 2018
    • Total Assessed Value:
      • - $748,349.00
    • Land Assessed Value:
      • - $335,462.00
    • Improved Assessed Value:
      • - $412,887.00
  • Unit 1
    • Description:
      • - Dr Bennett
    • Rent Unit 1:
      • - 1600
    • Type Of Use Unit 1:
      • - Dental
  • Unit 2
    • Description:
      • - Dr. Norris
    • Rent Unit 2:
      • - 1400
    • Type Of Use Unit 2:
      • - Dental
  • Unit 3
    • Description:
      • - Assessment / Counseling
    • Rent Unit 3:
      • - 1150
    • Type Of Use Unit 3:
      • - Counseling / Therapy
  • Tax Details
    • Tax Year:
      • - 2018
    • Tax Expense:
      • - $8,504.00
  • Income / Expenses
    • Annual Association Dues:
      • - $9,182.00
    • Gross Rent Multiplier:
      • - 8
    • Cap Rate -NOI Div LP:
      • - 8.00
    • Net Operating Costs:
      • - $32,114.00
    • Other Expenses:
      • - $9,182.00
    • Total Expenses:
      • - $17,686.00
    • Total Expenses:
      • - $17,686.00
    • Total Monthly Rent:
      • - $4,150.00
    • Gross Scheduled Income:
      • - $49,800.00
  • Build Sq Ft
    • Approx. Building Sq. Ft.:
      • - 2,805.00
    • Approx. Office Sq. Ft.:
      • - 2,805.00
    • Total Square Feet Rented:
      • - 2805
  • Building Details
    • Building Condition:
      • - Good
  • Building Details
    • Floor Covering:
      • - Vinyl
      • - Wall To Wall Carpet
    • Foundation:
      • - Slab
    • Exterior:
      • - Wood
    • Roof:
      • - Composition
  • Lot Details
    • Lot Number:
      • - 19-22
  • Utilities
    • Power Company:
      • - Pse
    • Sewer:
      • - Sewer Connected
    • Sewer Company:
      • - City Of Oak Harbor
    • Water Company:
      • - City Of Oak Harbor
    • Water Source:
      • - Public
  • Zoning
    • General Zoning Classification:
      • - Business
      • - Commercial
      • - Office
    • 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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