365 North Beach RoadOrcas Island, WA98245

$1,000,000
6 total units
$4,793 annual income
0.65 acres
917 days on market

VestorFilter™

Price per acre$1.54M/ac
Time on market917 days

Property Description

Village Plaza Condos at North Beach Road and A Street, the heart of Eastsound Village. These 7 units located in Retail Building-total 9 units+common bath/storage. 6/7 units w/private bath. 100% occupancy-perspective tenant wait list. Association dues include water/sewer/power/annual insurance which are not reflected in listed dues, monthly fees vary by usage. Currently tenants pay utilities, month-month rental agreement. Buyer to negotiate new leases. This commercial condo is in the middle of one of the most coveted landscaped gardens in Eastsound. Two additional buildings are part of Condo Assoc, includes retail, restaurant, manufacturing. See Declaration/Eastsound Subarea Plan for allowable uses. On street parking+private parking lot.

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Financial Data

Date Sold2021-12-01
Sold Price$975,000
Original Price$1,000,000
Current Price$1,000,000
Property Taxes$5,957
HOA Fee$339 / Monthly

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Home Facts

StatusClosed
Year Built2006
Interior Features
Exterior Features
MLS IDNWM1859636