1051 NE 7th Ave $488,900


    1051 NE 7th Ave Oak Harbor, WA 98277

    • 0.19 Acres
    • Commercial/Industrial
    Listing# 1270926 | Active
    Days On Market: 559 2 Views
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    Property Details

    Excellent Opportunity Office or Retail Building in Heart of Oak Harbor Business District on Whidbey Island. Strategically located adjacent to newer shopping mall. Architecturally unique building design, brick exterior, walls of windows, vaulted ceilings, skylights, designer interiors. Lobby, 3 private offices, 2 semi private offices, meeting room, 2 half baths, workroom. Courtyard atrium for outdoor use or future expansion. Excellent parking. Existing tenant will vacate for new owner!

    • General Features
      • County Island
      • Approx Building SqFt 2,000
      • Approx Office SqFt 1,800
      • Approx Whse/Mfg SqFt 0
      • Zoning Class Commercial, Office, Retail
      • Style 60-Comm Bldg Und 10K
      • Total Covered Parking 0
      • Total Uncovered Parking 11
      • Zoning Jurisdiction City
    • Building Features
      • Exterior Brick, Wood
      • Foundation Poured Concrete
      • Roof Composition, Flat
      • Floor Covering See Remarks
      • Features Storage
      • Heating and Cooling Forced Air, Stove/Free Standing
      • Loading Grade
    • Property Features
      • Depth of Lot 0
      • Site Frontage 0
      • Expansion Area Y
      • Environment Survey N
      • Water-Sewer-Garbage 2400
      • Sewer Sewer Connected
      • Sewer Company City of Oak Harbor
      • Energy Source Electric, Wood
      • Power Company Puget Sound Energy
      • Number of Available Pads 0
      • Lot Square Footage 8,220
    • Financials
      • Free and Clear N
      • Vacancy Rate 0
      • Total SqFt Rented 2,000
      • Total Monthly Rent $2,000
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0
      • Gross Scheduled Income $33,000
      • Gross Adjusted Income $0
      • Total Expenses $18,100
      • NOI $14,900
      • Electrical Expenses $2,400
      • Tax Expense $4,300
      • Heating Expense $4,800
      • Insurance Expense $1,200
      • Other Expenses $3,000
      • Tax Year 2018
      • Annual Assoc. Dues $0



    98277 (Oak Harbor) Demographics

    34Median Age
    673Population Density (per sq. mile)
    39%College Educated
    $53,335 Estimated Median Income
    8,169Estimated Total Home Owners
    7,478Estimated Total Renters
    52% / 48%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    37,932Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $329,900 Median Sales Price
    51 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $488,900
        4/8/2018 1:53:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.