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Oak Harbor Office Building For Sale
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Pending

35 SE Ely St, Oak Harbor, WA 98277

Office building with highway frontage and investment potential.

Property Size4,488 SF
Days on Market190

Property Features for 35 SE Ely St

General Information

Standard status Pending
Size 4,488 SF
Property subtype Office
Occupancy 60%
Lease Type Net

Building Details

Year Built 1948
Year Renovated 1996
Buildings 1
Stories 2
Units 2
Tenancy Single
Listing Agency: Coldwell Banker 360 Team Oak Harbor
Listed By: Marissa Evans · License #WA
Source: Crexi
Added: Feb 3 Changed: Aug 9 Last Checked: Aug 10 at 6:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker 360 Team Oak Harbor

Investment Insights

Based on property information with market context.

This commercial property is located at the main intersection of Oak Harbor at Highway 20 and Whidbey Avenue. The building offers 4,488 square feet of total space across two floors, divided into two office spaces. The main floor comprises 3,278 square feet, while the upper floor provides 1,210 square feet. Currently, 2,643 square feet on the main floor, along with 635 square feet upstairs, is rented. The upper 1,210 square foot floor is currently vacant. Recent renovations include repainted exteriors, remodeled restrooms, and the installation of a new monitored fire alarm system. The property benefits from excellent exposure and 194 feet of highway frontage, enhanced by a large reader board on the highway. The location provides high visibility and accessibility, with ample parking. The property is suitable for single-use or multiple tenants and offers various potential business uses.

Key Highlights

  • Prime office location at the main intersection of Oak Harbor (Highway 20 & Whidbey Avenue).
  • Excellent exposure with 194 feet of highway frontage and a large reader board.
  • 4,488 sqft of total space separated into 2 office spaces across 2 floors.

Property Analytics

Current Use

STAR Behavior Consulting Crisis Center Ryan's House for Youth ... Charitable Organization Bill Lapthorne Realator ... Real Estate Agency

Suggested Use

Top Pick Building Supply HVAC Service Parking Lot & Garage Storage Facility Kitchen & Bath Showroom Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,353
Businesses Nearby

Demographics for 98277, WA

41,517
Population
17,694
Households
2.3
Avg Household Size
36
Median Age
27%
College-Educated
95%
High-School Grad
57.3 sq mi
ZIP Area
725
Density / Sq Mi
$79,326
Median Household Income
$45,236
Median Earnings
$1,651
Median Rent
$455,300
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building with highway frontage and investment potential.
Where is this office building located?
The property is located at 35 SE Ely St Oak Harbor, WA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Prime office location at the main intersection of Oak Harbor (Highway 20 & Whidbey Avenue).; Excellent exposure with **194 feet of highway frontage** and a large reader board.; 4,488 sqft of total space separated into 2 office spaces across 2 floors.
(360) 969-9182 Call to check price and availability
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