Property Details

1283 Elger Bay Rd

Camano Island, WA 98282

$1,345,000

Available

CBA# 697041 courtesy of CBA Listing firm: Windermere Real Estate Co. – Ballard Branch

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I’d like more information about 1283 Elger Bay Rd, Camano Island, MLS# 697041

Office / Retail

Property Type

3,672

Bldg Sq Ft

Units

6.00%

Cap Rate

1968

Year Built

Property Overview

6.8% with opportunity to easily surpass 7%(+) Cap rate! Discover the investment potential of The Port Susan Professional Building. 57% of the building available for owner occupied or rental option for an investment. This multi-tenant office building boasts a diverse mix of essential service tenants, offering stable income. Notable highlights include large parking lots, easy access, centrally located, recent septic system upgrades & building renovations. This prime property features stunning mountain views & a peaceful setting within the Camano Country Club neighborhood. The property's Rural Village zoning & prime location promise lasting value & visibility. Benefit from the established clientele base and strategic location in a high-traffic area, ensuring a steady flow of customers & business opportunities.