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Active · Commercial Sale

1131 SE Ely Street , Oak Harbor, WA 98277

Oak Harbor, WA 98277

$625,000

— bedrooms · — bathrooms · 0 sq ft

Listing provided by Better Homes&Gardens McKenzie · MLS #2549384 · Active

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About this property

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.

Property details

Property type
Commercial Industrial
Year built
1977
Lot size
17,424 sq ft
Association dues
$0 · frequency not provided
Parking spaces
0
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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IDX information is provided exclusively for consumers’ personal, noncommercial use to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website: search includes current Active, Active Under Contract, Pending and Coming Soon listings.

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Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

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Enrique Pelayo Jr. · English & Spanishenrique@thebroker.team