Prime mixed-use investment opportunity in Oak Harbor's commercial business district. Property includes 2 commercial spaces on the ground floor with strong visibility & tenant appeal. Upper level features a partially completed condo conversion, offering value-add potential for multiple residential units up to 4 stories, live/work space, or expanded commercial use. Flexible zoning supports multiple income strategies. Upgraded fire system & large on-site parking lot with & existing drainage system already in place-reducing development costs & timelines. Conveniently located near shops, public transportation & parks, enhancing long-term desirability for tenants & owners alike. Ideal for investors seeking current income with future upside.
| MLS # | 2549384 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1977 |
| Days On Site | 52 |
| Listing Provided By | Better Homes&Gardens McKenzie | Jim Woessner |
| Zoning | Commercial |
|---|---|
| Acreage | 0.40 |
| State | WA |
|---|---|
| County | Island |
| City | Oak Harbor |
| Zip Code | 98277 |
| Area | 813 North Whidbey Island |
| Community Name | City Of Oak Harbor |
| Listing VS Median (in City Of Oak Harbor) | |
Price: $625,000 low | high Med: $500,000 On site: 52 low | high Med: 80 | |
| State | WA |
|---|---|
| County | Island |
| City | Oak Harbor |
| Zip Code | 98277 |
| Area | 813 North Whidbey Island |
| Community Name | City Of Oak Harbor |
| Listing VS Median (in City Of Oak Harbor) | |
Price: $625,000 low | high Med: $500,000 On site: 52 low | high Med: 80 | |
![]() | $1,200,000670 Se Pioneer WayOak Harbor, WA 98277 |