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    1283 Elger Bay Rd Camano Island, WA 98282

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    For Sale
    $1,365,000

    Multi-tenant office building with mountain views and recent renovations.

    Property size:
    2,108 SF
    Lot size:
    0.83 Acres

    Property Features for 1283 Elger Bay Rd

    General Information

    Size
    2,108 SF
    Lot size
    0.83 Acres

    Source: Windermere Real Estate Co. - Ballard Branch Agent Glenda Fabrizio

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Camano Island Professional Office Building

    The Port Susan Professional Building presents an investment opportunity with 57% of the building potentially available for owner occupancy as of January 2026. This multi-tenant office building is occupied by a mix of essential service tenants, providing a stable income stream. The property features large parking lots and easy access. It is centrally located and has undergone recent septic system upgrades and building renovations. Situated in the Camano Country Club neighborhood, the property offers mountain views and a peaceful setting. The Rural Village zoning and location provide lasting value and visibility. The property benefits from an established clientele base and a strategic location in a high-traffic area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Hair Salon Building Supply Skin Care Clinic Hotel & Motel Bar & Pub Daycare Center HVAC Service Cafe & Coffee Shop Electrical Service Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Camano Island
    County
    Snohomish
    State
    Washington
    Longitude
    -122.4781204
    Latitude
    48.1641586

    Nearby Similar for Sale

    • $370,000
      1,152 SF

      Updated Condo with Puget Sound Views

      Updated 2-bedroom condo with Puget Sound views and beach rights.
      130 North Camano Dr, Camano Island, WA 98282
      View Details
    • $988,000
      8,461 SF

      Camano Island Property with Shops

      Home and shops on 4.77 acres, no CCRs or HOA.
      889 Sandell Rd, Camano Island, WA 98282
      View Details

    FAQs

    What type of property is this?
    Office building - Multi-tenant office building with mountain views and recent renovations.
    Where is this office building located?
    The property is located at 1283 Elger Bay Rd Camano Island, WA.
    What is the asking price?
    The asking price for this property is $1,365,000.
    What are key features of this property?
    This property features: - Investment potential with 57% owner occupancy available in January 2026.; - Stable income from a diverse mix of essential service tenants.; - Centrally located in a high-traffic area with easy access and large parking lots.
    (206) 228-6312
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    1283 Elger Bay Rd Camano Island, WA 98282
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1283 Elger Bay Rd Camano Island, WA 98282
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