404 N Main St

    Coupeville, WA 98239
    • $1,695,000
    • STATUS: Pending Feasibility
    • ON SITE: 73 days
    • ID#: 1384406
    Under Contract
    UPDATED: 28 min ago
    $1,695,000
    • 0
      BEDS
    • 1.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1959
    County:

    School Ratings & Info

    Listing Courtesy of Windermere Real Estate Whidbey.

    Description

    Attention investors - terrific turn-key investment awaits. First time ever for sale with a location that can't be beat, this multi-tenant office building is 100% occupied with strong cash flow. Current high quality credit tenant mix includes Island County Elections, Island County Public Defender, Coupeville School District & Washington State University Extension. Recent upgrades include HVAC and ROOF. Located on Main street, across from County Courthouse, Town Hall, Public Hospital and more...

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    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 Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-01-21T17:15:10.247.

    www.kimberlygartlandgroup.com/homes/89265266

    404 N Main St Coupeville, WA 98239

    • Price: $1,695,000
    • Status: Pending Feasibility
    • Updated: 28 min ago
    • ID#: 1384406
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.14
    Acres
    1959
    Built
    Neighborhood:
    Coupeville
    County:
    Island
    Area:
    Central Whidbey Island
    Property Description
    Attention investors - terrific turn-key investment awaits. First time ever for sale with a location that can't be beat, this multi-tenant office building is 100% occupied with strong cash flow. Current high quality credit tenant mix includes Island County Elections, Island County Public Defender, Coupeville School District & Washington State University Extension. Recent upgrades include HVAC and ROOF. Located on Main street, across from County Courthouse, Town Hall, Public Hospital and more...
    Exterior Features

    Building Condition Good Exterior Cement/Concrete Foundation Slab Lot Depth 299 Lot Dimensions 205X299x60x20x20x98x125x181 Lot Topography And Vegetation Level Roof FlatSee Remarks Site Frontage 205 Style 61 - Comm Bldg Ovr 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 65 Waterfront Footage 0

    Interior Features

    Building Sq Ft 12365 Floor Covering Ceramic TileFir/SoftwoodVinylWall to Wall Carpet Heating And Cooling BaseboardForced AirHeat PumpWall Office Sq Ft 12365 Total Sq Ft Rented 12365

    Property Features

    Assessed Value Improvements 763958 Assessed Value Land 744876 Assessed Value Total 1508834 Assessed Value Year 2018 Available Pads 0 Bank Owned No Boundary Survey 7.00 Cap Rate N Commercial Features J Electrical Expenses 0 Energy Source ElectricPropane Environment Survey N EPSEnergy 0 Expansion Area N Form17 Provided Free And Clear Y General Zoning Classification BusinessCommercialMulti-FamilyOfficeRetail Gross Adjusted Income 129268 Gross Rent Multiplier 0 Gross Scheduled Income 131672 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3428 Net Operating Income 112248 Other Expenses 0 Pad Ready N Possession Sub. Tenant's Rights Power Company Pse Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company Town Of Coupeville Tax Amount 14540 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 0 Total Expenses TEX 0 Total Monthly Rent 0 Vacancy Rate 0 Water Company Town Of Coupeville Water Sewer Garbage 1456 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 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 Kimberly Gartland Group - Keller Williams 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 Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-01-21T17:15:10.247.

     
    Kimberly Gartland Group - Keller Williams Realty
    5263 Olympic Drive NW, Suite B
    Gig Harbor WA, 98335
    Listing Courtesy of Windermere Real Estate Whidbey.