Oak Harbor, WA 98277 31775 State Route 20 # A&B

$2,500,000

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Presented By: HomeSmart One Realty and NWMLS
  • Northwest Multiple Listing Service (NWMLS) - 21 - WA
  • MLS# 2366108
  • 04/28/2025
  • Get pre-approved
  • Request Tour
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Home Details

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.
Presented By: HomeSmart One Realty and NWMLS

Interior Features for 31775 State Route 20 # A&B

Bedrooms

Bedrooms Possible0
Bedrooms Upper

Bathrooms

Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper

Other Interior Features

Air Conditioning Y/NNo
Ceiling Height8-12
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NNo
Power Production TypeElectric
Total Fireplaces

General for 31775 State Route 20 # A&B

Assoc Fee Paid PerNot Applicable
Building Area UnitsSquare Feet
Building FeaturesDisabled Access, Signage Included
Cap Rate5.5
Carport Y/NNo
CityOak Harbor
CountyIsland
Directions1-5 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.
Electric Expense784
Energy EfficientInsulated Concrete Form (ICF)
HOANo
HOA Fee$
Insurance Expense1842
Listing TermsCash Out, Conventional, Owner Financing, See Remarks
Living Area UnitsSquare Feet
Lot Size Square Feet
Lot Size UnitsSquare Feet
MLS Area813 – North Whidbey Island
ModificationTimestamp2025-05-08T18:21:10.945Z
NWM_ShowMapLinkY
Net Operating Income25414
Number Of Units Total6
PossessionClosing, Subject to Tenant Rights
Possible UseBusiness, Commercial, Office, Retail
Property ConditionVery Good
Property Style60 – Comm Bldg Und 10K
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksInvestment 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.
RoofMetal
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeUnspecified
Subdivision NameCity Of Oak Harbor
Tax Annual Amount12101
Tax Year2025
TopographyLevel
Total Actual Rent13704
Unit NumberA&B
Water CompanyCity of Oak Harbor
Water Sewer Garbage10688
Year Built1977
Zoning DescriptionBusiness, Commercial, Office, Retail

Exterior for 31775 State Route 20 # A&B

Building Area Total
Exterior AmenitiesWood
Irrigation Water Rights Y/NNo
Lot Dimensions44431
Lot Size Acres0
Parking Uncovered Total54
Site Frontage455
Total Parking54
Water SourceCommunity

Additional Details

Price History

Josh QA1

REALTOR ® SRES ®
Price $2,500,000
MLS#2366108
List Date 04/28/2025
Property Type Commercial
Phone 925.123.4567
Get pre-approved
Request Tour
Request Info
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