9522 Oak Bay Road Port Ludlow, WA $ 899,000
9522 Oak Bay Road
$ 899,000
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9522 Oak Bay Road

Port Ludlow, WA, 98365
$ 899,000
Baths0.0

Monthly Estimate*

$ 5,975

Listed by Coldwell Banker Best Homes
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Studio

Commercial Property for sale in Port Ludlow, WA

for $899,000. This building was built in 1992 on a lot size of 0.94.

Opportunity in Port Ludlow to own an income-producing property in the heart of Port Ludlow with true triple-net and long-term, stable tenants. This building offers its own parking lot with room for 19 vehicles and easy building access. The two office suites share common bathroom facilities and a storage/mechanical room. Located in a three-building business complex with good visibility from the major roads in Port Ludlow. Tenants share a garbage kiosk. A heat pump for each unit gives each tenant both heating and cooling. Currently building is occupied by 2 tenants. Could be divided into 5 or more units. Either office, medical, or retail.

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Commercial Pending

Price

$ 899,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,204

Style

Comm Bldg Und 10K

Lot Size

0.94

Year Built

1992

Town/City

Port Ludlow

County/Region

Jefferson

MLS | Web ID

2223963

Features
General
Interior Features Wall to Wall Carpet
Sewer Sewer Connected
Heating Heat Pump
Cooling Heat Pump
Possession Tenant's Rights
Roof Composition
Exterior Features Wood Products
HOA 0
Year Built 1992
Topography Level Sloped
Property SubType Commercial Industrial
Tax Year 2024
County Jefferson
Net Operating Income 72096
Insurance Expense 2913
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name Port Ludlow
Possible Use Commercial
Building Features Disabled Access Storage
Special Listing Conditions None
Status Pending BU Requested
Directions Hwy 19 to Port Ludlow/Oak Bay Rd turnoff. Stay on Oak Bay Rd for 1 mile building on the left.
City Port Ludlow
Buyer Agent Compensation 3
Senior Community Y/N N
NumberOfUnitsTotal 2
MLS Area 489 - Port Ludlow
Lot Size Units Square Feet
Lot Size Square Feet 40946
Carport Y/N N
Street Name Oak Bay
Listing Terms Cash Out Conventional
Tax Annual Amount 6204
Electric Expense 4091
Public Remarks Opportunity in Port Ludlow to own an income-producing property in the heart of Port Ludlow with true triple-net and long-term stable tenants. This building offers its own parking lot with room for 1
Structure Type Unspecified
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Water Company OWSI
Total Actual Rent 5903
Zoning Class Commercial
Water Sewer Garbage 3564
Property Style 60 - Comm Bldg Und 10K
Cap Rate 8
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Water Source Private Public
Total Parking 18
Foundation Details Poured Concrete
Building Area Total 0
Street Suffix Road
Lot Size Acres 0.94
Covered Spaces 0
Open Parking Y/N N
Irrigation Water Rights Y/N N
Site Frontage 198
Parking Uncovered Total 18
Lot Number 1
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Internal Only
OriginalMLSID NWM2223963
Street Number 1 9522
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* Excluded Features
List By
Karen Best

Listing Agent

Coldwell Banker Best Homes

Broker

Affordability Calculator

$6,492
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,975
Monthly Property Taxes
$517
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$899,000 Listed Price

Map


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9522 Oak Bay Road, Port Ludlow, WA, 98365 is a Commercial Property for sale at $899,000 with a lot size of 0.94. 9522 Oak Bay Road is a studio with 0.0 baths and was built in 1992. The property's zip code is 98365 which is in Port Ludlow, WA