Exchange Property with Two
For Sale
$2,500,000
A-31775 State Route 20, Oak Harbor, WA 98277
Two separate buildings offer a fully leased commercial configuration with easy access from State Route 20.
Property SizeContact for details
Lot Size1.02 Acres
Days on Market490
Property Features for A-31775 State Route 20
General Information
Standard status
Active
Total Parking Spaces
54
Lot size
1.02 Acres
Occupancy
100%
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$12,101
Building Details
Buildings
2
Listing Agency:
HomeSmart One Realty
(360) 738-9086
Listed By:
Maria Maru Midence
(360) 738-9086
Source:
Exprealty
Added: Apr 28, 2025
Changed: Aug 29
Last Checked: Aug 29 at 10:34PM
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 HomeSmart One Realty
Investment Insights
Based on property information with market context.
This exchange property comprises two separate buildings on a 1.020-acre parcel in Oak Harbor’s commercial district. The site is fully rented and includes 54 parking spaces, signage, and a well-maintained physical setting. Separate buildings provide distinct commercial areas within the same property.
The property is positioned across from Home Depot, Applebee’s, Safeway, and Walmart, with access from State Route 20. Naval Base is approximately 3 miles away. Its location, parking supply, and two-building layout support a range of established commercial occupancy arrangements.
The property is positioned across from Home Depot, Applebee’s, Safeway, and Walmart, with access from State Route 20. Naval Base is approximately 3 miles away. Its location, parking supply, and two-building layout support a range of established commercial occupancy arrangements.
Key Highlights
- Two separate buildings on a 1.020‑acre parcel
- 100% rented property with 54 parking spaces
- Located across from Home Depot, Applebee’s, Safeway, and Walmart
Property Analytics
Current Use
Lease Details
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
1031 exchange property - Two separate buildings offer a fully leased commercial configuration with easy access from State Route 20.
Where is this 1031 exchange property located?
The property is located at A-31775 State Route 20 Oak Harbor, WA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Two separate buildings on a 1.020‑acre parcel; 100% rented property with 54 parking spaces; Located across from Home Depot, Applebee’s, Safeway, and Walmart
