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Fully Leased Retail Building

656 Se Bayshore Dr, Oak Harbor, WA 98277

For Sale
$2,800,000

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

Property Size30,192 SF
Price / SF$92.74
Days on Market229

Property Features for 656 Se Bayshore Dr

General Information

Standard status Active
Size 30,192 SF
Property subtype Commercial

Building Details

Year Built 1960
Listing Agency: Windermere/Whidbey Mgmt Serv.
Listed By: Jason McFadyen
Source: Nwwashingtonhomesforsale
Added: Mar 27 Changed: Nov 1 Last Checked: Nov 10 at 10:48AM

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/Whidbey Mgmt Serv.

Rey
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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

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Bayview Plaza — 31239 State Rte 20, Oak Harbor, WA 98277
  • Coinstar Kiosk | Bitcoin ATM — Safeway, 1450 SW Erie St, Oak Harbor, WA 98277
  • Coinstar Kiosk | Bitcoin ATM — Safeway Inc. DBA Haggen, 31565 State Rte 20 #1, Oak Harbor, WA 98277
  • Oak Harbor Pigfest — 150 SE Pioneer Way, Oak Harbor, WA 98277

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 $2,800,000.
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.
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