Provided by NWMLS, Listed by Fairhaven Realty br of Lakeway
Active
987 Ault Field Road
Oak Harbor WA, 98277
$1,599,950
Active
Commercial
Built in 1951
$100, 000 Price Reduction. This is an exceptional value as a cash flow investment and a long term hold, as well. 7.74 Cap rate. An excellent tenant in "Furniture World" who has been a tenant for over 20 years and wants to stay. This is the closest Commercial Building to the Whidbey Island Naval Air Station (150 feet from the main entrance to the Base). The current owner recently Silver Coated the entire roof in the last two years, upgraded the well, water system, septic system, & did major improvements to the storm water system. Substantial upgrades to the interior of the building as well.. The second tenant is the closest expresso drive up to the Naval base. The lot is 1.25 acres, the building is 26,120sq.ft.
1921437
MLSⓇ ID
April 22, 2022
Listed
March 21, 2024
Updated
Map
987 Ault Field Road
Oak Harbor WA, 98277
Interior Features
Interior Features
Wall to Wall Carpet
Floor Description
Carpet
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.25 Acres
Exterior Features
Cement/Concrete, See Remarks, Wood
Roof
Composition
Sewer
Septic Tank
Other Property Details
Area Name
813 - North Whidbey Island
Taxes
$4,497
Tax Frequency
Annually
Garage
No
Parking Total
60
View
No
County
Island
Water Source
Community, See Remarks
Pool
No
Buyer Agency Compensation
2.5%
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/5/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/5/2024 at 3:00 PM UTC