201 Pioneer WayOak Harbor, WA 98277

For Sale
$3,978,000

Prime 3.66-acre site, high-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 3.66-acre property in Oak Harbor, Washington, presents a compelling redevelopment opportunity. Located at 201 SE Pioneer Way, this C-3 zoned site boasts 159,430 square feet and offers significant flexibility for mixed-use development, encompassing multi-family, commercial, and retail components. The property's strategic position along a high-traffic four-lane arterial provides excellent visibility and accessibility. Its proximity to Windjammer Park, stunning waterfront views, and a short walk to City Beach and the Oak Harbor CBD further enhance its desirability. The site includes two existing buildings and ample paved parking, with all utilities readily available. Currently occupied at 100% with a modified lease and multi-tenancy, the property is listed at $3,978,000 ($24.95/sq ft). This Qualified Opportunity Zone location offers substantial potential for investors seeking high-density development in a thriving community. The property is surrounded by commercial, retail, and upscale residential condominiums, ensuring a vibrant and desirable neighborhood.

Highlights

  • $3,978,000 asking price.
  • 159,430 square foot retail, office, and land property with residential subtype.
  • Modified lease, multi-tenant, 100% occupancy.
  • $24.95 price per square foot.
  • 159,429 square foot lot in Oak Harbor, WA, located at 201 SE Pioneer Way.

Location Insight

City
Oak Harbor
County
Island
State
Washington
Latitude
48.287455175204
Longitude
-122.65565934476
201 Pioneer Way, Oak Harbor, Washington

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201 Pioneer Way
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