Skip To Content

987 Ault Field Road

Oak Harbor, WA 98277
  • $1,667,000
  • STATUS: Active
  • ON SITE: 219 Days
  • ID#: 1921437
UPDATED: 216 min ago
$1,667,000
  • 0
    BEDS
  • 1.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1951
County:

School Ratings & Info

Northwest MLS logoListing Courtesy of Fairhaven Realty Br Of Lakeway: 360-676-8990.


Description

$100, 000 Price Reduction. This is an exceptional value as a cash flow investment and a long term hold, as well. 6.5 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.

Monthly Payment Calculator



The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2022-11-28T00:14:44.147. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".



Based on information submitted to the MLS GRID as of 2022-11-28T00:14:44.147. 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.
www.kwbellingham.net/homes/127989984
Print Image

987 Ault Field Road Oak Harbor, WA 98277

  • Price: $1,667,000
  • Status: Active
  • On Site: 219 Days
  • Updated: 216 min ago
  • ID#: 1921437
0
Beds
0
Baths
0
½ Baths
1.25
Acres
1951
Built
Neighborhood:
Oak Harbor
County:
Island
Area:
N. Whidbey Island
Property Description
$100, 000 Price Reduction. This is an exceptional value as a cash flow investment and a long term hold, as well. 6.5 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.
Exterior Features

Carport YN No Covered Spaces 30 Exterior Features Cement/ConcreteSee RemarksWood Lot Size Dimensions 220X192 Open Parking YN No Parking Total 60 Roof Composition Structure Type Unspecified Style Code 61 - Comm Bldg Ovr 10K Topography Level

Interior Features

Building Area Total 0 Fireplace YN No Flooring Carpet Furnished Unfurnished Interior Features Wall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Cumulative Days On Market 188 Energy Source ElectricPropane Foundation Details Poured ConcreteSlab Irrigation Water Rights YN No Listing Terms Cash OutConventionalSee Remarks Lot Number Lengthly Legal Net Operating Income 117482 Possession ClosingTenant's Rights Possible Use Commercial Power Company Pse Power Production Type ElectricPropane Property Sub Type Commercial Industrial Senior Community YN No Sewer Septic Tank Sewer Company Septic Special Listing Conditions None Tax Annual Amount 6085 Tax Year 2022 Utilities Septic SystemElectricity AvailablePropane Water Company Fischer Water Assoc Water Source CommunitySee Remarks Zoning Class Commercial Zoning Jurisdiction County

Listing information © 2022 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Keller Williams Western Realty and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2022-11-28T00:14:44.147. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".



Based on information submitted to the MLS GRID as of 2022-11-28T00:14:44.147. 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.
 
https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_2_1921437-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_2_1921437-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_2_1921437-1.jpg
Logo
Keller Williams Western Realty
2211 Rimland Drive, Suite 124
Bellingham WA, 98226
Northwest MLS logoListing Courtesy of Fairhaven Realty Br Of Lakeway: 360-676-8990.