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670 SE Pioneer Way
Oak Harbor, WA 98277
Retail Property For Sale
Executive Summary
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 Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,798 SF
Building Class
C
Year Built/Renovated
1953/2005
Price
$1,200,000
Price Per SF
$176.52
Cap Rate
8.72%
NOI
$104,640
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.36
Lot Size
0.43 AC
Opportunity Zone
Yes
Zoning
OH - Central Business District
Parking
32 Spaces (4.71 Spaces per 1,000 SF Leased)
Frontage
75’ on Pioneer Way
Amenities
- Bus Line
- Fenced Lot
- Restaurant
Property Taxes
| Parcel Number | R13202-235-2150 | Improvements Assessment | $534,544 |
| Land Assessment | $302,968 | Total Assessment | $837,512 |
Property Taxes
Parcel Number
R13202-235-2150
Land Assessment
$302,968
Improvements Assessment
$534,544
Total Assessment
$837,512
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