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Fully Leased Strip Mall
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656 Bayshore SE, Oak Harbor, WA 98277

Strip mall is fully leased with long-term tenants, and includes a recently installed roof.

Property Size28,166 SF
Price / SF$97.64
Days on Market394

Property Features for 656 Bayshore SE

General Information

Standard status Active
Size 28,166 SF
Property subtype RETAIL
Occupancy 100%

Building Details

Tenancy Multi
Listing Agency: Windermere R.E./Whidbey Management Services
Listed By: Jason McFadyen
Source: Moodyscre
Added: Jul 2, 2025 Changed: Jul 30 Last Checked: Jul 30 at 11:16AM

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 Windermere R.E./Whidbey Management Services

Investment Insights

Based on property information with market context.

This strip mall is fully leased with long-term leases and offers a tenant mix spanning retail and service uses. The property includes all retail shops along Pioneer and the units down below on Bayshore. At 28,166 square feet, the building supports multiple tenant operations including hair salons, trading cards and collectibles, churches, the DMV, a nail salon, a flooring and cabinet store, and a BBQ restaurant.

The property is located at 656 Bayshore SE in Oak Harbor, Washington, and the retail/tenant layout is distributed between Pioneer and Bayshore. The listing also notes plenty of parking for customers.

The building has a new roof, providing an important exterior improvement for prospective buyers or tenants evaluating the asset’s operating stability and ongoing maintenance profile.

Key Highlights

  • 28,166 SF fully leased strip mall with long‑term leases
  • New roof
  • Retail shops along Pioneer with additional units down below on Bayshore

Property Analytics

Current Use

ATM Atm WA State Licensing Driver'S License Office Oak Harbor Driver ... Driver'S License Office Word of Everlasting Life ... Association / Organization Living Faith Christian ... Church

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Catering Service

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

925
Businesses Nearby
67k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 56% Dining 28% Home Improvements & Furnishings 11% Electronics 5%
Safeway Gas Shops & Services
25,282 visits/mo 0.5 miles
Whidbey Coffee Dining
9,495 visits/mo 0.2 miles
Burger King Dining
9,320 visits/mo 0.5 miles
Oak Harbor Ace Hardware Home Improvements & Furnishings
7,552 visits/mo 0.4 miles
Wells Fargo Shops & Services
4,222 visits/mo 0.2 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Strip mall is fully leased with long-term tenants, and includes a recently installed roof.
Where is this strip mall located?
The property is located at 656 Bayshore SE Oak Harbor, WA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 28,166 SF fully leased strip mall with long‑term leases; New roof; Retail shops along Pioneer with additional units down below on Bayshore
(360) 672-0695 Call to check price and availability
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