687 Airport Center Road, Friday Harbor, WA 98250
- $2,925,000
Listing courtesy of Windermere RE San Juan Islands.
- List Price
- $2,925,000
- Status
- ACTIVE
- MLS#
- 2558109
- Days on Market
- 1
- Annual Tax Ammount
- 11030
- Internet Provider
- Rockisland
Property Description
Multi Tenant Flex Use Commercial Investment Opportunity in Friday Harbor. Positioned just outside Friday Harbor’s downtown core, this well-maintained commercial property offers 11,500 sqft of versatile space in a strategic location. With close proximity to the Airport, Hospital, Post SJ, SJI Food Co-op & Bakery SJ, the property benefits from accessibility & a location that supports long-term tenant demand. Three UNITS downstairs; UNIT C 3000 sqft. Assembly has large open space w/2 WC, and other versatile spaces.UNIT D2 1900 sqft. Cabinet shop w/WC & Large side loading/garage door, UNIT D1 1000 sqft. Acupuncture/Wellness center w/WC & flex spaces. Upstairs has four spaces & a common space/hallway w/2 WC; one w/shower. UNIT F 1300 sqft. Dance Studio, UNIT E 1500 sqft. Office/Flex space w/Kitchen, UNITS G & H are 1150 sqft. 2 Bdrm Aptartments w/2 WC & laundry en-suite. Each Unit is Metered for power & water/sewer. Solar array on roof is net metered for large savings on electricity bill. 19 parking spots, recently resurfaced parking lot. A proven income-producing asset w/dependable cash flow & compelling potential. Its excellent upkeep, flexible layout & stable island market make it an attractive option for investors seeking both immediate performance and lasting value. For commercial real estate investors looking to secure a reliable, well-located asset in one of the San Juan Islands’ most desirable markets, this opportunity deserves serious consideration.
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Additional Information
- Community
- Friday Harbor
- Building Condition
- Very Good
- Style
- 61 - Comm Bldg Ovr 10K
- Year Built
- 1998
- # of Assigned Spaces
- 18
- Roof
- Flat, See Remarks
- Tax Year
- 2026
- Potential Terms
- Cash, Conventional, Owner Will Carry, See Remarks
- Flooring
- Bamboo/Cork, Ceramic Tile, Concrete, Laminate, See Remarks, Carpet
- Driving Directions
- Up Spring St Left on Airport Center Rd, last building on the left.
- Electric Expenses
- 2640
- Energy Source
- Electric, Propane, See Remarks, Solar PV
- Net Operating Income
- $115,730
- Gross Adjusted Income
- $139,800
- Gross Scheduled Income
- $139,800
- Water/Sewer/Garbage Expenses
- $5,400
- Cap Rate
- 4
- Total Expenses
- $24,070
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.