421 Midway Blvd Oak Harbor, WA 98277-2659

Property Details for 421 Midway Blvd

Year built

1987

Lot size

1.03 lot acres

Property size

5,987 SF

Zone code

OH

Property type

Commercial real estate

APN

S7285-00-0A005-0

APU

S7285000A0050

Description

This exceptional 5,987 square foot retail property, located at 421 NE Midway Blvd in Oak Harbor, Washington, presents a unique investment opportunity. Situated on a 1.033-acre lot (45,002 square feet), this vacant building boasts ample parking for over 70 vehicles. Originally constructed in 1987, the property has undergone a complete renovation, including new windows, a new roof, and a new exterior, making it ready for immediate tenant build-out. The property is zoned for Business and Commercial use and benefits from a grandfathered large sign on Midway Boulevard. Its prime location on Midway Blvd, just blocks from the city center and a mile from Naval Air Station Whidbey Island (easily accessible from State Route 20), ensures high visibility and traffic. The property's versatility allows for a wide range of uses, including but not limited to restaurants, retail spaces, or office buildings. Further enhancing its appeal, this Oak Harbor property is located within an opportunity zone, offering significant tax and financing advantages for investors. The asking price is $1,475,000. The seller, a licensed general contractor, may be willing to negotiate design and build-out options. The property's APN is S7285000A0050 and the zip code is 98277.