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Listed by:Better Homes&Gardens McKenzie • Jim Woessner
$625,000
Est. payment /mo
0.4 Acres Lot
New
1131 SE Ely ST Oak Harbor, WA 98277
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Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision City Of Oak Harbor
MLS Listing ID 2549384
Style 60 - Comm Bldg Und 10K
Year Built 1977
Lot Size 0.400 Acres
Property Sub-Type Commercial Industrial
Property Description
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.
Location
State WA
County Island
Area 813 - North Whidbey Island
Interior
Flooring Carpet
Fireplace false
Building
Water Public
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.