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Listed by Better Homes&Gardens McKenzie
$2,600,000
Est. payment /mo
0.32 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Langley
MLS Listing ID 2410811
Style 73 - Office
Year Built 1982
Annual Tax Amount $15,230
Lot Size 0.320 Acres
Property Sub-Type Commercial Industrial
Property Description
A rare opportunity to own a landmark building in the heart of downtown Langley! This recently updated commercial property is home to three strong tenants and offers nearly a 7% cap rate. Two tenants are secured with brand-new, long-term NNN leases, while the third is on a flexible month-to-month lease—ideal for investors or potential owner-operators. Major recent upgrades include fresh exterior paint, a new fire suppression system, sprinklers, and a modernized lobby with elevator access. The property also boasts 12 dedicated parking spaces, plus convenient street parking. A rock-solid investment in a premium location—don't miss your chance to own this standout downtown asset!
Location
State WA
County Island
Area 811 - South Whidbey Island
Interior
Fireplace false
Exterior
Exterior Feature Wood
Roof Type Torch Down
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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