31775 State Route 20 Unit #A&B, Oak Harbor, WA 98277
- $2,500,000
Listing courtesy of HomeSmart One Realty.
- List Price
- $2,500,000
- Status
- ACTIVE
- MLS#
- 2366108
- Days on Market
- 456
- Annual Tax Ammount
- 12101
Property Description
Investment Opportunity or 1030 exchange in Prime Location in the center of Oak Harbor Commercial District. High Visibility across from mayor retailers like Home Depot, Applebee's, Safeway and Walmart. 100% rented stable income stream. Owner Financing: %50 down payment option available. 54 parking spaces for ample parking. Strategic proximity 3 miles from Naval Base. Two separate Buildings with flexibility for diverse tenants or uses. This property is 1.020 Ac Parcel is very well maintained, excellent signage and easy access.
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Additional Information
- Community
- City Of Oak Harbor
- Building Condition
- Very Good
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1977
- # of Assigned Spaces
- 54
- Roof
- Metal
- Tax Year
- 2025
- Potential Terms
- Cash Out, Conventional, Owner Financing, See Remarks
- Flooring
- Vinyl, Carpet
- Driving Directions
- 1-5 South exit to Highway 20 West, to Oak Harbor. Then North on Highway 20 in Oak Harbor to Southwest corner of 6th and Highway 20. Property is on the left, opposite of Home Depot.
- Electric Expenses
- 784
- Energy Source
- Electric
- Net Operating Income
- $25,414
- Gross Adjusted Income
- $139,034
- Gross Scheduled Income
- $164,448
- Water/Sewer/Garbage Expenses
- $10,688
- Cap Rate
- 5.5
- Total Expenses
- $25,415
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.