Property Details
1283 Elger Bay Rd
Camano Island, WA 98282
$1,365,000
Available
CBA# 697041 courtesy of CBA
Listing firm: Windermere Real Estate Co. – Ballard Branch
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Property Overview
5.3% with opportunity to easily surpass 7%(+) Cap rate! Discover the investment potential of The Port Susan Professional Building. 57% of the building available for owner occupied as of January 2026. This multi-tenant office building boasts a diverse mix of essential service tenants, offering stable income. Notable highlights include large parking lots, easy access, centrally located, recent septic system upgrades & building renovations. This prime property features stunning mountain views & a peaceful setting within the Camano Country Club neighborhood. The property's Rural Village zoning & prime location promise lasting value & visibility. Benefit from the established clientele base and strategic location in a high-traffic area, ensuring a steady flow of customers & business opportunitie
Property Details
Property Information
Property Type
Commercial Sale
Status
Available
County
Island
Listed
Apr 28, 2026
Financial Summary
Cap Rate
4.00%
Building & Use
Building Sq Ft
3,672
Leasable Area
3,672 sqft
Total Units
4
Zoning
RV
Possible Use
Office,Specialty
Year Built
1968
Exterior & Lot
Year Built
1968
Location
City
Camano Island
County
Island
Coordinates
48.16420, -122.47800
