For Sale
$2,950,000

900 24Th Ln Oak Harbor, WA 98277

10 Acres, Multi-Use Potential, High Income

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 10-acre commercial property in Oak Harbor, WA, presents a lucrative investment opportunity. Located at 900 NE 24th Ln, 98277, this mixed-use property boasts 330 feet of road frontage and a depth of 1293 feet, situated within Oak Harbor city limits, just half a mile from NAS Whidbey. The property includes four buildings: three houses with covered parking generating consistent rental income, and a large shop/garage exceeding 2268 square feet. The land is commercially zoned, allowing for diverse uses including storage, manufacturing, light industrial operations, and retail. All utilities are available, with four city water connections and the possibility of city sewer. Convenient access is provided by a three-lane reversible traffic center lane roadway and a nearby bus line. A prescriptive easement allows access to all units across the neighboring property to the south (though no written agreement exists). A US Navy test well on the property offers additional leasing potential or termination options. The property is free of known wetlands. This prime location and versatile zoning make this a truly unique and high-value investment. APN: R133262723510.

Highlights

  • All utilities are available on-site.
  • Access to all units is via a prescriptive easement across the adjacent property to the south.
  • A US Navy test well on the property offers potential lease income or termination options.
  • Excellent location.
  • No wetlands are present on the property.

Property Details for 900 24Th Ln

Property type
Mixed-use properties, Land
Buildings
4
Units
3

Location Insight

City
Oak Harbor
County
Island
State
Washington
Latitude
48.3186444
Longitude
-122.6465579

FAQs

What type of property is this?
Mixed-use property - 10 Acres, Multi-Use Potential, High Income
Where is the mixed-use property located?
The property is located at 900 24Th Ln Oak Harbor, WA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: All utilities are available on-site.; Access to all units is via a prescriptive easement across the adjacent property to the south.; A US Navy test well on the property offers potential lease income or termination options.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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900 24Th Ln
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