Prepared by https://www.commercialmls.com
35 SE Ely St Oak Harbor WA 98277
Listing #: 684134 | Status: Available | Last Modified: 7/9/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 54,240 |
| Vacancy Factor % | 30.00% |
| Operating Expenses | 9,496 |
| Net Operating Income | 28,472 |
| CAP Rate | 5.11 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 2 |
| # of Units | 2 |
| Total Building SF | 4,488 SF |
| Net Rentable Area | 4,488 SF |
| Total Office SF | 4,488 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 30,056 SF |
| Acres | 0.69 |
| Year Built | 1948 |
| Property Type | |
|---|---|
| Property Type | Office |
| Office Type | Other |
| Building Class | B |
| Location | |
|---|---|
| County | Island |
| Cross Street | State Route 20 |
| Market Area | Island County |
| Tax ID # | S7600-00-01006-2 |
| Zoning | OH |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 20 |
| Total Parking Spots | 20 |
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!
35 SE Ely Street
35 SE Ely St Oak Harbor WA 98277
Listing #: 684134 | Status: Available | Listing Date: 7/15/2024 | Last Modified: 7/9/2026 | Email Listing









































