308 1st Street Langley, WA $ 2,238,355
308 1st Street
$ 2,238,355
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308 1st Street

Langley, WA, 98260
$ 2,238,355
Baths0.0

Monthly Estimate*

$ 14,877

Listed by Keller Williams Realty Bothell
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Studio

Commercial Property for sale in Langley, WA

for $2,238,355. This building was built in 1987 on a lot size of 0.2145.

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.

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Commercial Active

Price

$ 2,238,355

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,743

Style

Comm Bldg Ovr 10K

Lot Size

0.2145

Year Built

1987

Town/City

Langley

County/Region

Island

MLS | Web ID

2241618

Features
General
Interior Features Ceramic Tile Wall to Wall Carpet
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
Exterior Features Wood
HOA 0
Year Built 1987
Topography Level Sloped
Property SubType Commercial Industrial
Tax Year 2022
Waterfront Features Bank-Medium Bulkhead Sound
County Island
Insurance Expense 2114
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name Langley
Possible Use Commercial Office Residential Retail
Building Features Storage
Special Listing Conditions None
Status Active
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.
City Langley
Buyer Agent Compensation 2
Senior Community Y/N N
NumberOfUnitsTotal 4
MLS Area 811 - South Whidbey Island
Lot Size Units Square Feet
Lot Size Square Feet 9343
Waterfront Y/N Y
Carport Y/N N
Listing Terms Cash Out Conventional Owner Financing See Remarks
Tax Annual Amount 6743
Electric Expense 2232
Property Condition Very Good
Public Remarks 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. P
Structure Type Unspecified
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water Company City of Langley
Total Actual Rent 6900
Zoning Class Commercial Office Residential Retail
Water Sewer Garbage 2516
Property Style 61 - Comm Bldg Ovr 10K
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Interior
Flooring Ceramic Tile Vinyl Carpet
Total Fireplaces 0
Air Conditioning Y/N N
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 Public
Total Parking 4
Foundation Details Poured Concrete Slab
Building Area Total 0
Lot Dimensions 66.5x 140.5 +/-
Lot Size Acres 0.2145
Covered Spaces 0
Open Parking Y/N N
Irrigation Water Rights Y/N N
Waterfront Footage 68'
Site Frontage 68
Parking Uncovered Total 4
Lot Number part 17 18 part 19
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Internal Only
OriginalMLSID NWM2241618
Street Number 1 308
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* Excluded Features
List By
Lisa Dayton Leonard

Listing Agent

Keller Williams Realty Bothell

Broker

Affordability Calculator

$15,439
Per Month
96%
4%
0%
Monthly Principal & Interest
$14,877
Monthly Property Taxes
$562
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/24/2024$2,238,355 Listed Price

Map


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308 1st Street, Langley, WA, 98260 is a Commercial Property for sale at $2,238,355 with a lot size of 0.2145. 308 1st Street is a studio with 0.0 baths and was built in 1987. The property's zip code is 98260 which is in Langley, WA