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Fully Leased Retail Building
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656 SE Bayshore Dr, Oak Harbor, WA 98277

Fully leased retail building in Oak Harbor's Historic Downtown.

Property Size30,192 SF
Price / SF$96.05
Days on Market195

Property Features for 656 SE Bayshore Dr

General Information

Standard status Active
Size 30,192 SF
Total Parking Spaces 67
Property subtype Retail
Net Operating Income $181,561

Building Details

Year Built 1960
Units 11
Listing Agency: Windermere Real Estate/Whidbey Island
Listed By: Jason McFadyen · License #18765
Source: Crexi
Added: Jan 29 Changed: Aug 8 Last Checked: Aug 11 at 6:06PM

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 Real Estate/Whidbey Island

Investment Insights

Based on property information with market context.

This fully-leased building is located in Oak Harbor's Historic Downtown and offers long-term leases and income. The property consists of retail shops along Pioneer and units on Bayshore. The building features a new roof. Tenants include hair salons, trading cards, collectibles, churches, the DMV, a nail salon, a flooring and cabinet store, and a BBQ restaurant. The property provides parking. The property size is 30192 square feet.

Key Highlights

  • Fully‑leased building providing immediate income.
  • Located in Oak Harbor's Historic Downtown.
  • Long‑term leases in place.

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.

Location Intelligence

Trade Area within ½ mile

925
Businesses Nearby
67k
Monthly Visits Nearby
Well-served
Demand for This Use

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
Questions? Ask Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail building in Oak Harbor's Historic Downtown.
Where is this shopping center located?
The property is located at 656 SE Bayshore Dr Oak Harbor, WA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Fully‑leased building providing immediate income.; Located in Oak Harbor's Historic Downtown.; Long‑term leases in place.
More about this property
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