50 NE Midway $699,000

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    50 NE Midway Oak Harbor, WA 98277

    • 0.21 Acres
    • Commercial/Industrial
    Listing# 1494333 | Active

    $699,000

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    Days On Market: 58 1 Views
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    Property Details

    Two level commercial building with adjacent connected parcel with combined 9,519sf featuring 70.5f Midway Boulevard frontage, nine parking spaces, rear loading dock, and third parcel with 1,600sf structure ideal for additional storage. Endless C-3 zoning opportunities including retail, real estate, builder, contractor, plumber, furniture, upholstery, etc. Currently occupied by Waif Thrift Shop. Sale includes R13335-074-3850, R13335-070-3790, and R13335-069-3930.

    • General Features
      • County Island
      • Zoning Class Commercial, Office, Retail
      • Zoning Jurisdiction City
      • Style 60-Comm Bldg Und 10K
      • Approx Building SqFt 9,519
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 0
      • Total Uncovered Parking 9
      • Total Covered Parking 0
      • Lot Dimensions Buyer to Verify
    • Building Features
      • Exterior Cement/Concrete, Metal/Vinyl, Stucco, Wood
      • Foundation Concrete Block, Poured Concrete
      • Roof Composition, Flat, Torch Down
      • Floor Covering Ceramic Tile, Vinyl, Wall-to-Wall Carpet
      • Features Storage
      • Heating and Cooling Forced Air
      • Ceiling Height Buyer to Verify
      • Loading 1-3 Bays
    • Property Features
      • Lot Square Footage 9,147
      • Depth of Lot 127
      • Site Frontage 70
      • Expansion Area N
      • Environment Survey N
      • Water-Sewer-Garbage 0
      • Sewer Sewer Connected
      • Sewer Company City of Oak Harbor
      • Energy Source Electric, Natural Gas
      • Power Company Puget Sound Energy
      • Number of Available Pads 0
      • Pad Ready N
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 9,519
      • Total Monthly Rent $5,101
      • Gross Rent Multiplier 11
      • Cap Rate -NOI div LP 7
      • Gross Scheduled Income $61,212
      • Gross Adjusted Income $0
      • Total Expenses $10,418
      • NOI $51,094
      • Electrical Expenses $0
      • Tax Expense $4,692
      • Heating Expense $0
      • Insurance Expense $5,426
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2019

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    Neighborhood

    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

    $330,000 Median Sales Price
    70 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: $699,000
        7/22/2019 4:01:00 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.