308 1st Street, Langley, WA 98260
- $2,238,355
Listing courtesy of Keller Williams Realty Bothell.
- List Price
- $2,238,355
- Status
- ACTIVE
- MLS#
- 2241618
- Days on Market
- 5
- Annual Tax Ammount
- 6743
- Internet Provider
- Whidbey Telecom
Property Description
EXTRAORDINAIRILY RARE! Whidbey Island commercially zoned waterfront in the heart of Seaside Langley Village. Build to Highest and best use. Potential destination hotel or mixed use condo community. Panoramic views of the Saratoga Passage and Cascade Mtns. 68+/- ft of medium bank waterfront w/city owned bulkhead. Water & sewer connection avail. This flat to sloped 0.21 +/- acre parcel is sub dividable via short plat under central business zoning. Turbo charge return investment with well-positioned existing building containing 4 desirable spaces. 3 ground level spaces could be transformed to one large 2044 sq ft space + upper 1 BR/1BA 672 sq ft apartment. SELLER FINANCING 4.5% interest rate, 2 year balloon, 30 yr amortize, 50% down.
Additional Information
- Community
- Langley
- Building Condition
- Very Good
- Style
- 61 - Comm Bldg Ovr 10K
- Year Built
- 1987
- # of Assigned Spaces
- 4
- Waterfront
- Yes
- Waterfront Description
- Bank-Medium, Bulkhead, Sound
- Roof
- Composition
- Tax Year
- 2022
- Potential Terms
- Cash Out, Conventional, Owner Financing, See Remarks
- Interior Features
- Ceramic Tile, Wall to Wall Carpet
- Flooring
- Ceramic Tile, Vinyl, Carpet
- Driving Directions
- From Clinton Ferry, Hwy 525N. Right on Langley Rd becomes Camano Ave, right at stop sign on Cascade Ave. Follow to 1st St. address on right just past Anthes Ave.
- Electric Expenses
- 2232
- Energy Source
- Electric
- Buyer Agency Compensation
- 2
- Water/Sewer/Garbage Expenses
- $2,516
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