35 SE Ely St
Oak Harbor WA 98277

35 SE Ely Street

35 SE Ely St Oak Harbor WA 98277

Listing #: 684134 | Status: Available | Last Modified: 7/9/2026 |

For Sale
Marissa Evans
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 875,000.0
  • $/SF$ 195.0
  • Listing StatusAvailable
  • Days on Market725
  • Asset ClassOffice
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income54,240
  • Vacancy Factor %30.00%
  • Operating Expenses9,496
  • Net Operating Income28,472
  • CAP Rate 5.11 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units2
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF4488
  • Net Rentable Area4488
  • Total Office SF4488
  • Largest Contiguous SF
  • Lot SF30056
  • Acres0.69
Property Type
  • Property TypeOffice
  • Office TypeOther
  • Building ClassB
Location
  • CountyIsland
  • Vicinity
  • Location Description
  • Second Address
  • Cross StreetState Route 20
  • Market AreaIsland County
  • Tax ID #S7600-00-01006-2
  • Additional Parcels
  • ZoningOH
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces20
  • Total Parking Spots20
  • Parking Ratio
Construction
  • Year Built1948
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Highway Frontage Office Building

Public Comments

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!

Listing Images