Bought with ZNonMember-Office-MLS
$650,000
$699,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
201 E Fairhaven AVE Burlington, WA 98233
0.34 Acres Lot
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision In Town
MLS Listing ID 2011122
Sold Date 04/14/23
Style 75 - Retail
Year Built 1987
Annual Tax Amount $5,529
Lot Size 0.344 Acres
Property Description
Great opportunity! Former Key Bank building located on the corner of Fairhaven and Alder, B-1 Zoning. Retail building expanded to 2852 sf +/-, now separated into 2 separate office spaces 201 & 203 with 12 parking spaces. North side of property has covered drive thru parking area. Office space 201 has hardwood floors, 1/2 bath, spacious conference room, additional office, and 3 partitioned office space areas. Office space 203 features double door entry with waiting room, 2 separate 1/2 baths, kitchen area, and multiple storage rooms. 203 has a large open work area. 201 and 203 connected through hallway with large storage room area. NNN month to month lease totaling $3,000 monthly, current cap rate 5.1%. PUD water and sewer. Tax ID: P71963.
Location
State WA
County Skagit
Area 825 - Burlington
Interior
Interior Features Forced Air, Hardwood, Laminate Hardwood, Laminate Tile, Wall to Wall Carpet
Flooring Hardwood, Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Wood Products
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.