Listed by Windermere Real Estate/Whidbey Island
$1,400,000
499 NE Midway Blvd
Details
APN S7285000A0041
Property Type Office, Retail
Sub Type Storefront
Square Footage 8,950
Units 2
Cap Rate 6.29%
NOI $88,000
Year Built 1960
Acreage 0.276
Parking Spaces 31 spaces
Parking per 1,000 SqFt 3.46
Office | 6.29% CAP | 8,950 SqFt
Marketing description
Well maintained office building with long-term leases. Very low maintenance and great tenants. 2
suites with multiple offices in each. Private baths, locker room, showers, conference & break rooms, as well as a
garage-and parking for days.
Investment highlights
- LSF: 12,001
Listing Contacts
Listed by Windermere Real Estate/Whidbey Island
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$88,000.00
$7,333.33/mo
Valuation Metrics
0
DSCR
6.29%
Cap Rate
6.29%
ROI
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