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JRJeff ReynoldsCompass · Seattle

Listed by Jim Woessner, Better Homes&Gardens McKenzie

Commercial Industrial
Type
1977
Year built
17,424 sq ft
Lot
45
Days on market

About this property

Prime mixed-use investment opportunity in Oak Harbor’s commercial business district. Property includes 2 commercial spaces on the ground floor with strong visibility & tenant appeal. Upper level features a partially completed condo conversion, offering value-add potential for multiple residential units up to 4 stories, live/work space, or expanded commercial use. Flexible zoning supports multiple income strategies. Upgraded fire system & large on-site parking lot with & existing drainage system already in place—reducing development costs & timelines. Conveniently located near shops, public transportation & parks, enhancing long-term desirability for tenants & owners alike. Ideal for investors seeking current income with future upside.

Location & commute

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Directions

Property details

Listing details

Listing number
#2549384
Listed
July 30, 2026
Days on market
45

Construction

Year built
1977
Style
60 - Comm Bldg Und 10K
Structure
Unspecified

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
Electric

Flooring

Flooring
Carpet

Lot

Lot size
17,424 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City of Oak Harbor
Sewer
City of Oak Harbor
Power
PSE

What stands out to you?

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  • Unspecified
  • Forced Air
  • None
  • Electric
  • Carpet
  • Cash
  • Conventional

Listing history

  1. Listed

    $625,000

    July 30, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$3,639

Principal & interest
$3,160
Property tax (est.)
$479

Assumes $125,000 down (20%), a $500,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of September 14, 2026 at 5:00 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.