You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,250,000
Commercial real estate

1321 Barlow St Oak Harbor, WA 98277-3159

10,799 SF 0.56 ac lot Built 1980
Individually Owned 6-yr Hold Free & Clear
Property ID
US90-3055348
Property summary
AI-generated overview

This established three-screen movie theater in Oak Harbor, Washington, presents a unique investment opportunity. Located at 1321 SW Barlow Street, just off Highway 20, this business boasts a proven track record of profitability. The asking price is $350,000. The theater is fully equipped with state-of-the-art technology, including digital projectors and Dolby surround sound systems in all three screens. Modern concession equipment is also included in the sale, ensuring a seamless transition for the new owner. The current staff is skilled and capable of continued operation, making this a perfect opportunity for either hands-on management or remote oversight. All necessary equipment and infrastructure are in place, making this a true turnkey operation. The business is ideally suited for a family-run venture or an investor seeking a passive income stream. Situated in Island County, Washington, zip code 98277, this cinema enjoys a prime location with excellent visibility and accessibility. This is a rare chance to acquire a thriving, established business in a desirable community. Don't miss this opportunity to own a piece of Oak Harbor's entertainment landscape.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Total area 10,799 SF
Lot 0.56 ac (24,498 SF)
Zoning code OH
APN S6580-00-00007-0
UPID US90-3055348
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Oak Harbor Cinemas Cinema Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.29M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.62M
Blend (final) Blend
$1.25M
Owner & transaction history
Oak Harbor Cinemas Real Prop H · 6 yrs held
Oak Harbor Cinemas Real Prop H
since 2020
Last sale
$1.0M
4 recorded transactions
2020
Price N/A
2014
$1.2M
2008
$2.1M
2004
Price N/A
Zoning & alternative use
OH · Oak Harbor, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1321 Barlow St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message