860 SE Bayshore Drive, Oak Harbor, WA 98277

$749,000

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Listing Broker: Coldwell Banker 360 Team; Alexander Pfeiffer; ; Selling Office: NWMLS-NonOffice.

Sold Price
$749,000
List Price
$749,000
Status
SOLD
MLS#
2556797
Closing Date
Jul 10, 2026
Days on Market
0
Annual Tax Ammount
4985.75
Internet Provider
Comcast, Ziply/Buyer to Verify

Property Description

Location, Location, Location!!! Oak Harbor waterfront commercial office building (Zoned CBD) Mixed-Use Opportunity. Located on the southside of the Old Town Pioneer way adjacent to Flintstone Park. The property has unbeatable views of the marina and is walking distance to the historic downtown. Within the building, there is 1 main floor suite, and 2 second floor suites that occupy 4,358 sq. ft. ground floor tenant recently renovated $180,000 worth of tenant improvements. There are (13) on-site spaces & street on Bayshore Dr. parking that serves the building. This is an excellent opportunity to own real estate in a growing Oak Harbor market, near the revitalizing downtown. Just a stone's throw to the Oak Harbor waterfront walkabout and Island Transit Harbor Station, Skagit College and the library. Sturdy and well-maintained building with quality tenants.

Additional Information

Community
Oak Harbor
Building Condition
Very Good
Style
60 - Comm Bldg Und 10K
Year Built
1987
# of Assigned Spaces
13
Roof
Torch Down
Tax Year
2026
Flooring
Carpet
Electric Expenses
2291
Energy Source
Electric, Natural Gas
Net Operating Income
$26,258
Gross Adjusted Income
$41,042
Gross Scheduled Income
$61,650
Water/Sewer/Garbage Expenses
$2,138
Cap Rate
4
Vacancy Rate
33
Total Expenses
$14,783
Based on information submitted to the MLS GRID as of . 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.
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