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Multi-Tenant Commercial Building with Parking
For Sale
$1,200,000

670 Pioneer, Oak Harbor, WA 98277

Fully leased multi-tenant building with three housing units, two commercial spaces, and parking for up to 32 vehicles.

Property SizeContact for details
Days on Market155

Property Features for 670 Pioneer

General Information

Standard status Active
Total Parking Spaces 32
Property subtype Commercial
Zoning CBD
Occupancy 100%

Additional Details

Opportunity Zone Yes
Multifamily Units 3

Building Details

Year Built 1953
Tenancy Multi
Listing Agency: Keller Williams Western Realty
Listed By: Kristi J. Jensen
Source: Century21northhomes
Added: Mar 23 Changed: Aug 23 Last Checked: Aug 24 at 6:45AM

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 Keller Williams Western Realty

Investment Insights

Based on property information with market context.

This multi-tenant commercial building at 670 Se Pioneer Way includes three housing units and two commercial spaces. The housing unit entrances are located in the back of the building from the parking area, while the commercial spaces are on the front portion of the property. The site also features an extra-large lot at the rear with parking for up to 32 vehicles, which could also support future development considerations.

The property is zoned CBD (Central Business District) and is also located in a Qualified Opportunity Zone.

The building is fully leased, providing current rental income across both the residential and commercial components.

Key Highlights

  • Fully leased downtown multi‑tenant building with 3 housing units and 2 commercial spaces
  • Commercial spaces are right on Pioneer Way, with back entrances for the 3 housing units from the parking lot
  • Extra‑large rear lot provides parking for up to 32 vehicles

Property Analytics

Current Use

Chrysalis Yoga Shala Gym & Fitness Center Barrington's Irish Bar ... Bar & Pub

Suggested Use

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

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,014
Businesses Nearby
119k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 39% Home Improvements & Furnishings 27% Dining 24% Electronics 5%
Safeway Gas Shops & Services
25,282 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
24,985 visits/mo 0.4 miles
Applebee's Dining
12,340 visits/mo 0.5 miles
Whidbey Coffee Dining
9,495 visits/mo 0.1 miles
Oak Harbor Ace Hardware Home Improvements & Furnishings
7,552 visits/mo 0.4 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?
Residential income property - Fully leased multi-tenant building with three housing units, two commercial spaces, and parking for up to 32 vehicles.
Where is this residential income property located?
The property is located at 670 Pioneer Oak Harbor, WA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Fully leased downtown multi‑tenant building with 3 housing units and 2 commercial spaces; Commercial spaces are right on Pioneer Way, with back entrances for the 3 housing units from the parking lot; Extra‑large rear lot provides parking for up to 32 vehicles
More about this property
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