Property Details
35 SE Ely Street
Oak Harbor, WA 98277
$875,000
Pending Feasibility
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Property Overview
Prime Office Location with excellent exposure & 194 feet Highway frontage!! Located at the main intersection of Oak Harbor at Highway 20 & Whidbey Avenue. Large reader board on the highway. The building has 4,488 sqft of total space containing on 2 floors separated into 2 office spaces. 3,278 sqft on the main floor and 1,210 sqft in the upper floor space. Main floor of 2643 sqft plus 635 sqft upstairs is rented currently. The upper 1210 sqft floor is vacant at this time. Building has been repainted, restrooms remodeled & a new monitored fire alarm system installed. Location ensures high visibility & accessibility, plenty of parking & office spaces with numerous usages. Great investment property for a single use property or multiple tenants!
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Pending Feasibility
County
Island
Neighborhood
Oak Harbor
Listed
Jul 10, 2024
Parcel Number
S760000010062
Tax & HOA
Annual Property Tax
$9,496 (2024)
Est. Monthly Tax
$791/mo
Financial Summary
Cap Rate
6.00%
Gross Scheduled Income
$54,240
Total Actual Rent
$4,520/mo
Building & Use
Building Sq Ft
4,488
Sq Ft Rented
3,278
Lot Size
30,056 sqft
Year Built
1948
Exterior & Lot
Lot Size
0.69 sqft
Year Built
1948
Exterior Materials
Stucco, Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Stucco, Wood
Community & Access
Directions
SR 20 to Whidbey Avenue. The Property is at the southeast corner of the SR 20/Whidbey Avenue intersection.
Location
City
Oak Harbor
County
Island
Coordinates
48.29810, -122.65261
Additional Information
Tax Year
2024
Annual Taxes
$9,496
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:09 AM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
