31775 State Route 20 # A&B Oak Harbor, WA $ 2,500,000
31775 State Route 20 # A&B
$ 2,500,000
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31775 State Route 20 # A&B

Oak Harbor, WA, 98277
$ 2,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 15,393

Listed by HomeSmart One Realty
31775 State Route 20 # A&B, Oak Harbor, WA 98277 - Image 1
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31775 State Route 20 # A&B, Oak Harbor, WA 98277 - Image 20

Commercial Property for sale in Oak Harbor, WA

for $2,500,000. This building was built in 1977.

Investment Opportunity or 1030 exchange in Prime Location in the center of Oak Harbor Commercial District. High Visibility across from mayor retailers like Home Depot, Applebee's, Safeway and Walmart. 100% rented stable income stream. Owner Financing: %50 down payment option available. 54 parking spaces for ample parking. Strategic proximity 3 miles from Naval Base. Two separate Buildings with flexibility for diverse tenants or uses. This property is 1.020 Ac Parcel is very well maintained, excellent signage and easy access.

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Commercial Active

Price

$ 2,500,000

Property Type

Commercial

Taxes

$ 12,101

Style

Comm Bldg Und 10K

Year Built

1977

Town/City

Oak Harbor

County/Region

Island

MLS | Web ID

2366108

Features
General
Living Area 0
Sewer Sewer Connected
Possession Closing Subject to Tenant Rights
Roof Metal
HOA Fee 0
Year Built 1977
Topography Level
Unit Number A&B
Property Subtype Commercial Industrial
Tax Year 2025
Assoc Fee Paid Per Not Applicable
County Island
Net Operating Income 25414
Insurance Expense 1842
Property Type Commercial Sale
HOA N
Energy Efficient Insulated Concrete Form (ICF)
Subdivision Name City Of Oak Harbor
Possible Use Business Commercial Office Retail
Building Features Disabled Access Signage Included
Special Listing Conditions None
Status Active
Directions 1-5 South exit to Highway 20 West to Oak Harbor. Then North on Highway 20 in Oak Harbor to Southwest corner of 6th and Highway 20. Property is on the left opposite of Home Depot.
City Oak Harbor
Senior Community Y/N N
Zoning Description Business Commercial Office Retail
Number Of Units Total 6
MLS Area 813 - North Whidbey Island
Lot Size Units Square Feet
Lot Size Square Feet 0
Carport Y/N N
Listing Terms Cash Out Conventional Owner Financing See Remarks
Tax Annual Amount 12101
Electric Expense 784
Property Condition Very Good
Public Remarks Investment Opportunity or 1030 exchange in Prime Location in the center of Oak Harbor Commercial District. High Visibility across from mayor retailers like Home Depot Applebee's Safeway and Walmart.
Structure Type Unspecified
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water Company City of Oak Harbor
Total Actual Rent 13704
Water Sewer Garbage 10688
Property Style 60 - Comm Bldg Und 10K
Cap Rate 5.5
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Exterior
Exterior Amenities Wood
Water Source Community
Total Parking 54
Building Area Total 0
Lot Dimensions 44431
Lot Size Acres 0
Irrigation Water Rights Y/N N
Site Frontage 455
Parking Uncovered Total 54
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Bedrooms Possible 0
Ceiling Height 8-12
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2366108
Street Number 1 31775
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* Excluded Features
List By
Maria Maru Midence

Listing Agent

Homesmart One Realty

Broker

Affordability Calculator

$16,401
Per Month
94%
6%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
$1,008
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2025$2,500,000 Listed Price

Map


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31775 State Route 20 # A&B, Oak Harbor, WA, 98277 is a Commercial Property for sale at $2,500,000. 31775 State Route 20 # A&B was built in 1977. The property's zip code is 98277 which is in Oak Harbor, WA