987 Ault Field Road, Oak Harbor WA, 98277
(Active)
$1,599,950
|
26,120 sqft
|
MLS# 1921437
Last Updated: 4/28/2024 11:02 PM
Description for
987 Ault Field Road
Oak Harbor, WA 98277
$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.
Price
$1,599,950
Oak Harbor
Island
26,120 (approx)
1921437
Active
Description
$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.
Listing Information
| Property Type: Business Opportunities, Other | ||
| 1.25 Acres | 26,120 (approx) | 1951 |
| Wood | Commercial | |
Oak Harbor
Slab
See Remarks
Septic Tank
2 Total
Neighborhood
Room Information
Interior Features
Carpet
Electric Heating, Propane,
None
Accessible Entrance
Wall to Wall Carpet
Exterior / Lot Features
60 Parking Spaces,
Wood
Composition
220x192
Front - 220
Level
Level
Driving Directions
Drive on highway 20 to Ault Road to address.
Financial Considerations
| P811997 |
| $4,497 |
Conventional
Listing Price History
Oak Harbor Real Estate
Oak Harbor is located in Washington. Oak Harbor, Washington 98277 has a population of 23,688.
The median household income in Oak Harbor, Washington 98277 is $63,457. The median household income for the surrounding county is $70,875 compared to the national median of $66,222. The median age of people living in Oak Harbor 98277 is 46 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 7/21/2023 | Active | $1,599,950 USD -4.02% |
|
| 9/30/2022 | Active | $1,667,000 USD -1.91% |
|
| 7/13/2022 | Active | $1,699,500 USD -5.56% |
|
| 4/22/2022 | Active | $1,799,500 USD |
|