About 105 1st Street
A rare opportunity to own a landmark building in the heart of downtown Langley! This recently updated commercial property is home to three strong tenants and offers nearly a 7% cap rate. Two tenants are secured with brand-new, long-term NNN leases, while the third is on a flexible month-to-month lease—ideal for investors or potential owner-operators. Major recent upgrades include fresh exterior paint, a new fire suppression system, sprinklers, and a modernized lobby with elevator access. The property also boasts 12 dedicated parking spaces, plus convenient street parking. A rock-solid investment in a premium location—don’t miss your chance to own this standout downtown asset!
Features of 105 1st Street
| MLS® # | 2410811 |
|---|---|
| Price | $2,600,000 |
| Bathrooms | 0.00 |
| Acres | 0.32 |
| Year Built | 1982 |
| Type | Business/Commercial |
| Sub-Type | Commercial Industrial |
| Status | Active |
Community Information
| Address | 105 1st Street |
|---|---|
| Area | 811 - South Whidbey Island |
| Subdivision | Langley |
| City | Langley |
| County | Island |
| State | WA |
| Zip Code | 98260 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Fireplace | No |
|---|
Exterior
| Exterior Features | Wood |
|---|---|
| Foundation | Poured Concrete |
Additional Information
| Days on Market | 90 |
|---|---|
| Cumulative Days on Market | 90 |
| Days on Website | 90 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Better Homes&gardens Mckenzie |
|---|