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Property profile & analytics
FOR LEASE
Office buildings

275 SE Pioneer Way Oak Harbor, WA 98277

28,740 SF 1.46 ac lot Built 1972
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US90-2749296
Property summary
AI-generated overview

Beach View Plaza offers a rare opportunity to lease executive office space in Oak Harbor's vibrant downtown. This Class B building boasts a total of 25,399 square feet, with 1,704 square feet currently available for lease in a multi-tenant environment. The available space provides stunning views of the bay and overlooks the city's new park, offering a unique and desirable location for businesses seeking a prestigious address. Situated in the heart of the downtown business district, this property provides excellent accessibility and visibility. The building's prime location ensures easy access to local amenities, transportation links, and a thriving professional community. The 1,704 square foot space is ideal for businesses seeking a modern and well-located office environment. This is a unique opportunity to secure a highly desirable office space in a sought-after location. Don't miss out on this chance to establish your business in a prominent and visually appealing setting within Oak Harbor's dynamic downtown core. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1972
Construction WOOD
Total area 28,740 SF
Lot 1.46 ac (63,815 SF)
APN S6565-00-00B34-2
UPID US90-2749296
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
  • Children & Family Services Social Service Agency Charitable Organization
  • ATM Peoples Bank Bank Loan Service
  • CADA, Citizens Against Domestic & Sexual Abuse Social Service Agency Charitable Organization
  • Vocational Rehabilitation Services Social Service Agency Charitable Organization
  • Oak Harbor Community Services Office Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.22M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.40M
Blend (final) Blend
$3.96M
Owner & transaction history
Washington Dept Of Children Youth & · 2 yrs held
Washington Dept Of Children Youth &
since 2023
Last sale
$3.8M
6 recorded transactions
2023
Price N/A
2022
Price N/A
2022
Price N/A
2021
$3.8M
2006
$4.8M
2004
$975,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $5.6M +43.7%
Retail stores $4.3M +10.3%
Restaurant $4.1M +4.1%
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?”
More about this property
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