Description
EXTRAORDINARILY RARE. Whidbey Island commercially zoned waterfront in the heart of seaside Langley Village. Build to "Highest and Best use". Potential boutique hotel or mixed use luxe condo. Panoramic views of the Sound and 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 1BR/1BA 672 sqft apartment. SELLER FINANCING 4.5% INTEREST RATE, 2 YR BALLOON, 30 YR AMORTIZE, 50% DOWN! Project cashflow $8K/Mo.
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0BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Listing information ©2023 Northwest MLS. Listing courtesy of Keller Williams Realty Bothell.
Sold by .Description
EXTRAORDINARILY RARE. Whidbey Island commercially zoned waterfront in the heart of seaside Langley Village. Build to "Highest and Best use". Potential boutique hotel or mixed use luxe condo. Panoramic views of the Sound and 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 1BR/1BA 672 sqft apartment. SELLER FINANCING 4.5% INTEREST RATE, 2 YR BALLOON, 30 YR AMORTIZE, 50% DOWN! Project cashflow $8K/Mo.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tribeca NW Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-06-08T00:15:52.557. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-06-08T00:15:52.557. 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.