151 Octane Lane $2,575,000

    Close

    151 Octane Lane Port Angeles, WA 98362

    • 2.44 Acres
    • Commercial/Industrial
    Listing# 1473013 | Active

    $2,575,000

    Request Info
    Days On Market: 68 18 Views
    Add to Favorites Share

    Go Tour This Home

    Schedule A Showing

    Property Details

    This represents an excellent opportunity for an investment grade purchase of a light industrial manufacturing complex. Custom designed for engineering & manufacturing welded aluminum vessels + many industry specific upgrades! Current longterm NNN lease to a single tenant who is well established in their industry, 20+ years experience & an impeccable record. Ideal location on Hwy 101 between Sequim & Port Angeles, 2.44 acres zoned RLC, with 3 structures for a total of 23,350 square feet of space.

    • General Features
      • County Clallam
      • Zoning Class Commercial, Industrial-Light, See Remarks
      • Zoning Jurisdiction County
      • Style 61-Comm Bldg Ovr 10K
      • Approx Building SqFt 23,350
      • Approx Whse/Mfg SqFt 21,700
      • Approx Office SqFt 1,650
      • Total Uncovered Parking 34
      • Total Covered Parking 0
      • Lot Dimensions See Remarks
    • Building Features
      • Exterior Metal/Vinyl, See Remarks
      • Foundation Poured Concrete
      • Roof Metal
      • Floor Covering Concrete, Hardwood
      • Features Sprinklered
      • Heating and Cooling Wall
    • Property Features
      • Lot Square Footage 106,286
      • Depth of Lot 0
      • Site Frontage 406
      • Water-Sewer-Garbage 0
      • Sewer Septic
      • Sewer Company Septic
      • Energy Source Electric
      • Power Company PUD
      • Number of Available Pads 0
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 23,350
      • Total Monthly Rent $14,485
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0
      • Gross Scheduled Income $0
      • Gross Adjusted Income $0
      • Total Expenses $0
      • NOI $0
      • Electrical Expenses $0
      • Tax Expense $0
      • Heating Expense $0
      • Insurance Expense $0
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 0

    Contact

    Neighborhood

    98362 (Port Angeles) Demographics

    48Median Age
    105Population Density (per sq. mile)
    36%College Educated
    $46,792 Estimated Median Income
    6,588Estimated Total Home Owners
    3,422Estimated Total Renters
    66% / 34%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    23,026Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $271,500 Median Sales Price
    36 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: $2,575,000
        6/11/2019 5:01:00 PM New in Database Source

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment

        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.