849-775 Spring St

    San Juan Island, WA 98250
    • $2,195,000
    • STATUS: Active
    • ON SITE: 263 days
    • ID#: 1379166
    UPDATED: 72 min ago
    $2,195,000
    • 0
      BEDS
    • 1.68
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1993
    County:

    School Ratings & Info

    Listing Courtesy of Windermere Re San Juan Island.

    Description

    Investment Income Opportunity: 20,000 +/- sf of commercial space comprised of 5 buildings w/ 22 units in all, located along desirable Spring Street frontage. Occupied by a variety of professional services tenants, the opportunities & ideas for space utilization & potential future expansion on the included additional adjacent .55 acre vacant parcel further increase the already-healthy income stream & add to the possibilities on this highly attractive investment property. 2 separate tax parcels.

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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 Pickett Street Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-07-16T07:15:26.08.

    www.pickettstreetproperties.com/homes/88834216

    849-775 Spring St San Juan Island, WA 98250

    • Price: $2,195,000
    • Status: Active
    • Updated: 72 min ago
    • ID#: 1379166
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.68
    Acres
    1993
    Built
    Neighborhood:
    Town
    County:
    San Juan
    Area:
    San Juan Island
    Property Description
    Investment Income Opportunity: 20,000 +/- sf of commercial space comprised of 5 buildings w/ 22 units in all, located along desirable Spring Street frontage. Occupied by a variety of professional services tenants, the opportunities & ideas for space utilization & potential future expansion on the included additional adjacent .55 acre vacant parcel further increase the already-healthy income stream & add to the possibilities on this highly attractive investment property. 2 separate tax parcels.
    Exterior Features

    Building Condition Good Exterior Wood Foundation Slab Lot Depth 0 Lot Topography And Vegetation LevelSloped Roof Composition Site Frontage 0 Style 61 - Comm Bldg Ovr 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 0 Waterfront Footage 0

    Interior Features

    Building Sq Ft 20202 Floor Covering Ceramic TileConcreteHardwoodVinylWall to Wall Carpet Heating And Cooling Heat PumpWall Office Sq Ft 0 Total Sq Ft Rented 0

    Property Features

    Assessed Value Improvements 1875830 Assessed Value Land 472320 Assessed Value Total 2348150 Assessed Value Year 2018 Available Pads 0 Bank Owned No Boundary Survey 6.00 Commercial Features Signage Included Electrical Expenses 5918 Energy Source Electric EPSEnergy 0 Expansion Area Y Form17 Provided General Zoning Classification BusinessCommercialOfficeRetail Gross Adjusted Income 205873 Gross Rent Multiplier 0 Gross Scheduled Income 216708 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 6858 Net Operating Income 139920 Other Expenses 11225 Possession ClosingSub. Tenant's Rights Power Company Opalco Power Service Amps 0 Sewer Sewer Connected Sewer Company Town Of Friday Harbor Tax Amount 16458 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 65953 Total Expenses TEX 65953 Total Monthly Rent 0 Vacancy Rate 5 Water Company Town Of Friday Harbor Water Sewer Garbage 25494 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 Pickett Street Properties 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 Pickett Street Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-07-16T07:15:26.08.

     
    Pickett Street Properties
    22614 Bothell Everett Hwy
    Bothell WA, 98021
    Listing Courtesy of Windermere Re San Juan Island.