656 SE Bayshore Drive, Oak Harbor, WA 98277
- $2,800,000
Listing courtesy of Windermere/Whidbey Mgmt Serv..
- List Price
- $2,800,000
- Status
- ACTIVE
- MLS#
- 2392067
- Price Change
- ▼ $100,000 1787802244
- Days on Market
- 344
- Annual Tax Ammount
- 30058
Property Description
Fully-leased building with long-term leases, and great income in Oak Harbor's Historic Downtown. Property consists of all retail shops along Pioneer, and all units down below on Bayshore. New roof. Tenants include hair salons, trading cards, collectibles, churches, the DMV, nail salon, flooring and cabinet store, and a bbq restaurant-with plenty of parking.
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Additional Information
- Community
- City Of Oak Harbor
- Style
- 61 - Comm Bldg Ovr 10K
- Year Built
- 1960
- Roof
- Composition, Flat, See Remarks
- Tax Year
- 2025
- Potential Terms
- Cash
- Flooring
- See Remarks
- Driving Directions
- From hwy 20, east on Pioneer to the 1-way. Building on your right.
- Electric Expenses
- 6650
- Other Expenses
- 66166
- Energy Source
- Electric, Natural Gas
- Net Operating Income
- $159,573
- Gross Adjusted Income
- $289,762
- Gross Scheduled Income
- $305,012
- Water/Sewer/Garbage Expenses
- $15,314
- Cap Rate
- 5.5
- Vacancy Rate
- 5
- Total Expenses
- $130,188
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