Provided by NWMLS, Listed by Fairhaven Realty br of Lakeway

Active

987 Ault Field Road

Oak Harbor WA, 98277

$1,599,950


$29.38 per sqft

Active

54,450 sqft

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

February 16, 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 2/16/2024. 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.

©2024 Northwest Multiple Listing Service all rights reserved.

Data last updated on 2/16/2024 at 11:34 PM UTC

Powered byLuxury Presence