2899 Regatta DrOak Harbor, WA 98277

Property Details for 2899 Regatta Dr

Lot size

3.74 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 3.74-acre commercial land parcel in Oak Harbor, Washington, presents a unique investment opportunity. Located at 2899 NE Regatta Dr, 98277, this property is zoned C-4, offering significant development potential. The asking price is $2,100,000. Approved site and civil construction plans are available for a 60,000 square foot RV/boat storage facility, featuring various unit sizes. Conceptual plans for a 64,550 square foot, two-story industrial flex warehouse with ample natural light are also available. The property benefits from a completed Phase 1 Environmental Report and Geotechnical Testing Report, both available upon request. Street improvement requirements on NE Regatta Drive have been waived, and a stormwater detention pond is situated on an adjacent parcel, maximizing usable land area and reducing development costs. This "shovel-ready" site includes completed utility and site work improvements, resulting in faster and less expensive civil design and construction. The property's convenient location provides easy access to Highway 20, the ferry, and Naval Air Station Whidbey Island. Seller financing may be available. The property's legal description is APN R13325-079-1150, and ownership is held by an LLC. This is an ideal opportunity for developers seeking a prime location with significant infrastructure advantages in a growing market.

Location Insight

City

Oak Harbor

County

Island

State

Washington

Latitude

48.314

Longitude

-122.63

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