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    31565 Sr20 Oak Harbor, WA 98277

    Sponsored
    For Lease
    Contact for pricing

    Oak Harbor Storefronts, Multiple Units Available

    Lot size:
    92,056 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Island Plaza, located at 31565 SR20 in Oak Harbor, Washington, 98277, offers exceptional retail storefront opportunities. This Island County property boasts a total of 92,056 square feet, with multiple tenancies available. Currently, there are 4,813 square feet of vacant space ready for immediate occupancy. Individual spaces range from a minimum of 750 square feet to a maximum contiguous space of 2,400 square feet, with two spaces currently available, each between 1,663 and 2,400 square feet. The property's prime location in Oak Harbor provides excellent visibility and accessibility for businesses seeking a thriving retail environment. This is an ideal opportunity for businesses seeking flexible space options in a well-established commercial center. The property is classified as retail storefront and is situated in a high-traffic area, ensuring maximum exposure to potential customers. Interested parties are encouraged to inquire about lease terms and availability for these versatile and conveniently sized spaces. The property's address is easily accessible via SR20, offering convenient access for both customers and employees. The geographic coordinates are 48.2895376 latitude and -122.6595114 longitude.

    Property Features for 31565 Sr20

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    92,056 SF

    Unit(s) available at that property

    Space
    Suite B5/6
    Size
    1,663 SF
    Space
    Suite B2
    Size
    750 SF
    Space
    Suite A1
    Size
    2,400 SF

    HighLights

    • 92,056 square feet rentable area.
    • Fascia signage available.
    • Current tenants include Haggen (with gas station), Rite Aid, Maurices, RadioShack, Little Caesar's Pizza, Donut Master, GameStop, and others.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Oak Harbor
    County
    Island
    State
    Washington
    Longitude
    -122.6595114
    Latitude
    48.2895376

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    FAQs

    What type of property is this?
    Individual retail property - Oak Harbor Storefronts, Multiple Units Available
    Where is this individual retail property located?
    The property is located at 31565 Sr20 Oak Harbor, WA.
    What are key features of this property?
    This property features: 92,056 square feet rentable area.; Fascia signage available.; Current tenants include Haggen (with gas station), Rite Aid, Maurices, RadioShack, Little Caesar's Pizza, Donut Master, GameStop, and others.
    Request Owner's contact information
    31565 Sr20 Oak Harbor, WA 98277
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    Oak Harbor, WA 98277
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    31565 Sr20 Oak Harbor, WA 98277
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