Bought with HERE
$2,900,000
$3,000,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
5.92 Acres Lot
SOLD DATE : 01/14/2020
Key Details
Sold Price $2,900,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision North Whidbey
MLS Listing ID 1523144
Sold Date 01/14/20
Style 61 - Comm Bldg Ovr 10K
Year Built 1988
Annual Tax Amount $27,888
Lot Size 5.920 Acres
Property Sub-Type Commercial Industrial
Property Description
Amazing Cap Rate on 2 Tax parcels with almost 6 acres. (R133264702200 & R133264412150). 7 building I-502 Marijuana complex located in Oak Harbor. 10' slated chain link and razor wire fence with 2 gates for security. Multiple tier 1 & Tier 2 tenants. Close to $800,000 spent on HVAC & Electrical upgrades to all buildings, including 4 new transformers.
Location
State WA
County Island
Area _813Northwhidbeyis
Interior
Fireplace false
Exterior
Exterior Feature Metal/Vinyl, Wood
Utilities Available Septic System, Electric, Natural Gas Connected
Roof Type Metal
Building
Sewer Septic Tank
Water Community
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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