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31777625
31777640

107 1st Street, La Conner, WA 98257 For Sale

Anacortes-Windermere Real Estate
Listed by Anacortes-Windermere Real Estate
$1,650,000
93 days on market
Updated 16 days ago

Step Outside Mixed Use Building

Details
Property Type Mixed Use, Retail
Sub Type Storefront
Square Footage 7,055
Units 3
Cap Rate 5.56%
NOI $91,756
Occupancy 100%
Price per SqFt $234
Class C
Year Built 1979
Year Renovated 2021
Buildings 2
Stories 2
Acreage 0.150
Zoning C

Mixed Use Building in Excellent Location

Marketing description

Beautiful mixed-use building on the main commercial tourism corner in La Conner - no better visibility for your tenants or your personal business. Very nicely appointed two-bedroom, two-bath apartment up, with two beautiful retail spaces down. Long-term lease on Erth retail space, apartment is ready to move in.

Contact Listing Agent for showings.

Listing Contacts

Anacortes-Windermere Real Estate
Listed by Anacortes-Windermere Real Estate

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$91,756.00
$7,646.33/mo

Valuation Metrics

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DSCR
5.56%
Cap Rate
5.56%
ROI

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