656 SE Bayshore Drive Oak Harbor, WA $ 3,200,000
656 SE Bayshore Drive
$ 3,200,000
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656 SE Bayshore Drive

Oak Harbor, WA, 98277
$ 3,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 19,964

Listed by Windermere/Whidbey Mgmt Serv.
656 SE Bayshore Drive, Oak Harbor, WA 98277 - Image 1
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Commercial Property for sale in Oak Harbor, WA

for $3,200,000. This building was built in 1960 on a lot size of 1.4348.

Fully-leased building with long-term leases, and great income in Oak Harbor's Historic Downtown. Property consists of all retail shops along Pioneer, and all units down below on Bayshore. New roof. Tenants include hair salons, trading cards, collectibles, churches, the DMV, nail salon, flooring and cabinet store, and a bbq restaurant-with plenty of parking.

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Commercial Active

Price

$ 3,200,000

Property Type

Commercial

Taxes

$ 30,058

Style

Comm Bldg Ovr 10K

Lot Size

1.4348

Year Built

1960

Town/City

Oak Harbor

County/Region

Island

MLS | Web ID

2392067

Features
General
Living Area 0
Sewer Sewer Connected
Possession Closing
Roof Composition Flat See Remarks
HOA Fee 0
Year Built 1960
Topography Level Sloped
Property Subtype Commercial Industrial
Tax Year 2025
County Island
Net Operating Income 201290
Insurance Expense 11200
Property Type Commercial Sale
HOA N
Subdivision Name City Of Oak Harbor
Possible Use Business Commercial Office Retail
Building Features Disabled Access Signage Included Sprinklered
Special Listing Conditions None
Status Active
Directions From hwy 20 east on Pioneer to the 1-way. Building on your right.
City Oak Harbor
Senior Community Y/N N
Zoning Description Business Commercial Office Retail
Number Of Units Total 11
MLS Area 813 - North Whidbey Island
Lot Size Units Square Feet
Lot Size Square Feet 62500
Carport Y/N N
Listing Terms Cash Out
Tax Annual Amount 30058
Electric Expense 6500
Public Remarks Fully-leased building with long-term leases and great income in Oak Harbor's Historic Downtown. Property consists of all retail shops along Pioneer and all units down below on Bayshore. New roof. Te
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company City
Total Actual Rent 26245
Water Sewer Garbage 11000
Property Style 61 - Comm Bldg Ovr 10K
Cap Rate 6.3
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Exterior
Exterior Amenities Cement/Concrete
Water Source Public
Total Parking 67
Building Area Total 0
Lot Size Acres 1.4348
Irrigation Water Rights Y/N N
Parking Uncovered Total 67
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Interior
Flooring See Remarks
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2392067
Street Number 1 656
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* Excluded Features
List By
Jason McFadyen

Listing Agent

Windermere/Whidbey Mgmt Serv.

Broker

Affordability Calculator

$22,469
Per Month
89%
11%
0%
Monthly Principal & Interest
$19,964
Monthly Property Taxes
$2,505
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
6/27/2025$3,200,000 Listed Price

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656 SE Bayshore Drive, Oak Harbor, WA, 98277 is a Commercial Property for sale at $3,200,000 with a lot size of 1.4348. 656 SE Bayshore Drive was built in 1960. The property's zip code is 98277 which is in Oak Harbor, WA