Property Details
670 SE Pioneer Way
Oak Harbor, WA 98277
$1,200,000
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Property Overview
Prime Downtown Multi Tenant Commercial building for sale. 3 housing units (entrances in the back of the building from the parking lot) and 2 commercial spaces (right on wonderful Pioneer Way) along with an extra large lot in the back for parking (32 parking spaces) or future Development. Zoned CBD (Central Business District) Also located in a Qualified Opportunity Zone. Fully leased. A great investment opportunity.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Island
Neighborhood
City Of Oak Harbor
Listed
Jun 1, 2026
Parcel Number
R132022352150
Tax & HOA
Annual Property Tax
$7,653 (2026)
Est. Monthly Tax
$638/mo
Financial Summary
Cap Rate
9.00%
Net Operating Income
$104,696
Gross Scheduled Income
$118,740
Building & Use
Building Sq Ft
6,798
Total Units
5
Zoning
Commercial,Multi-Family,Office,Residential,Retail
Possible Use
Commercial, Multi-Family, Office, Residential, Retail
Lot Size
18,936 sqft
Year Built
1953
Exterior & Lot
Lot Size
0.43 sqft
Year Built
1953
Exterior Materials
Brick, Cement, Stucco, Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Brick, Cement/Concrete, Stucco, Wood
Community & Access
Directions
Hwy 20 south, left on Pioneer way, through the light to the CBD district, building on the left
Location
City
Oak Harbor
County
Island
Coordinates
48.28862, -122.64986
Additional Information
Tax Year
2026
Annual Taxes
$7,653
Possession
Array
