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35 SE Ely St 4,488 SF 73% Leased Office Building Oak Harbor, WA 98277 $1,196,720 CAD ($266.65 CAD/SF)



Investment Highlights
- Close to major routes, schools, and retail amenities
- Two-level office building offering flexible occupancy options for single or multiple tenants.
- Ample on-site parking available to support tenant and customer convenience.
- Exceptional visibility with 194 feet of Highway 20 frontage at a main Oak Harbor intersection.
- Located in a high-traffic corridor ensuring strong exposure and easy accessibility for businesses.
- Recent property upgrades include exterior repainting, remodeled restrooms, and a new monitored fire alarm system.
Executive Summary
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!
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- Miscellaneous
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,488 SF
Building Class
C
Year Built/Renovated
1948/1996
Price
$1,196,720 CAD
Price Per SF
$266.65 CAD
Percent Leased
73%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,244 SF
Building FAR
0.19
Lot Size
0.55 AC
Opportunity Zone
Yes
Zoning
OH - Commercial
Parking
15 Spaces (3.34 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | S7600-00-01006-2 | Improvements Assessment | $761,676 CAD |
| Land Assessment | $822,151 CAD | Total Assessment | $1,583,827 CAD |
Property Taxes
Parcel Number
S7600-00-01006-2
Land Assessment
$822,151 CAD
Improvements Assessment
$761,676 CAD
Total Assessment
$1,583,827 CAD
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35 SE Ely St
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