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$625,000
2549384 MLS ⋅ ACTIVE Status
Prime mixed-use investment opportunity in Oak Harbor’s commercial business district. Property includes 2 commercial spaces on the ground floor with strong visibility & tenant appeal. Upper level features a partially completed condo conversion, offering value-add potential for multiple residential units up to 4 stories, live/work space, or expanded commercial use. Flexible zoning supports multiple income strategies. Upgraded fire system & large on-site parking lot with & existing drainage system already in place—reducing development costs & timelines. Conveniently located near shops, public transportation & parks, enhancing long-term desirability for tenants & owners alike. Ideal for investors seeking current income with future upside.

1131 SE Ely Street, Oak Harbor

Listing courtesy of Better Homes&Gardens McKenzie.

$595,000
2554740 MLS ⋅ ACTIVE Status
Approx. 1,250 sq ft with laminate floors, bay windows overlooking the water, dual electrical, and rear patio. The kitchen and bathroom sub-floors are plywood with new laminate. The back and side room are concrete. Potential to finish the attic for additional residential space or an Airbnb (buyer to verify). Ideal for an owner-user looking to continue the Elkhorn legacy, launch a new retail/arts venture, or create a unique waterfront home. Located in Coupeville’s Historic Waterfront District within Ebey’s Landing National Historical Reserve, the property enjoys permanent protection plus restoration funding, maintenance support, and valuable tax incentives.

15 NW Front Street, Coupeville

Listing courtesy of Westlake Associates, Inc..

$1,200,000
2531194 MLS ⋅ ACTIVE Status
Prime Downtown Multi Tenant Commercial building for sale. 3 housing units (entrances in the back of the building from the parking lot) and 2 commercial spaces (right on wonderful Pioneer Way) along with an extra large lot in the back for parking (32 parking spaces) or future Development. Zoned CBD (Central Business District) Also located in a Qualified Opportunity Zone. Fully leased. A great investment opportunity.

670 SE Pioneer Way, Oak Harbor

Listing courtesy of Keller Williams Western Realty.

$1,495,000
2521831 MLS ⋅ ACTIVE Status
Located in the Freeland Business General zone, potential for mixed residential/commercial use per county. This is a great income producing, fully leased high quality 2-story Freeland comm'l bldg, single tenant, full bldg. 2-story entry, no-stairs from parking to main level. Flag lot gives extra street frontage & Main Street signage exposure, lot incl landscaped walkway from Main St to building + private parking area. Beautiful NW landscaping w/7-zone irrigation system. Onsite parking w/21 spaces, 1 disabled space, bike rack. Amazing tenant flexibility, w/doors and windows on all 4 sides. Potential for multiple tenants. Main floor area 3360 sf, upper 1022 sf. Excellent flexible areas for more than one showroom, offices, etc. 12' ceiling height + plenty of windows help create stunning showroom vignette areas. 3 baths on main, 1 up, staff kitchen on main. Upper w/vaulted ceilings, meeting space + ofc area. Upstairs easily could have separate entrance. Current tenant is Frontier Millworks, affiliated with Frontier Building Supply, located across the street. Hydronic in-floor heating on main, fueled by an oil boiler. Upstairs has a freestanding propane stove, elec wall heater in bth. NNN lease, base lease approx $1.35 sf. Fire hydrant is 100' from front entry. Did you know that IRS rules allow you to use retirement funds, such as a self-directed IRA or Solo 401(k) to purchase comm'l property? Strict compliance regulations apply, check w/financial advisor. Appointment only please.

1794 Main Street, Freeland

Listing courtesy of Piper Finlay Real Estate.

$1,330,000
2490254 MLS ⋅ ACTIVE Status
Historic Charm, Premium Investor & Owner/User Opportunity: 9 Front St NW, Coupeville Discover a premier mixed-use investment opportunity situated directly on the highly-trafficked, historic main street of downtown Coupeville. This beautiful 5,000+ square foot building, constructed in 2000 by Cascade Custom Homes, offers the desirable appeal of a historic property without the maintenance concerns. The ground level features two established retail spaces with long-term tenants eager to stay, providing stable, immediate income. Crucially, the expansive second floor (currently vacant) presents a compelling value-add opportunity with incredible flexibility. While it offers an untapped residential upside for conversion and high-demand tourist rentals—capitalizing on stunning views of Penn Cove—this space has been intentionally left available for a possible Owner/User Occupied Investment. This unique setup allows an investor to immediately benefit from stable retail income while also occupying or developing the top unit to perfectly suit their own residential or business needs. With two stairwells already in place, you can maximize this asset’s value through development or move in yourself. This is a rare chance to own a low-maintenance, flexible-use asset on Whidbey Island's most picturesque and sought-after commercial street.

9 Front Street NW, Coupeville

Listing courtesy of Ethos Northwest Real Estate.

$395,000
2477678 MLS ⋅ ACTIVE Status
120 feet' of business frontage on State Route 525!!! Along with a large rotating and lighted display sign to advertise your business! You will be seen everyday by people coming and going to the Clinton Ferry. Your new property is 0.97 acres (Gis) which is 42,161 square feet. The property starts as level with a slight incline getting steeper at the back (mostly usable) with a partial view of Possession Sound. You will find ample parking in front of the current office space in a remodeled 1968 Skyline 12x56 manufactured home. The mobile is currently divided into two offices with a hallway and bathroom space between the two offices. This office space has served many businesses over the past years from accounting and real estate services to car sales. At the back of the property, you will find RV hook-up sites. This property is classified as Clinton Rural Center a combination of business and residential usage. Zoning is Retail Sales (Automotive, Marine Craft, Aircraft). This might be the perfect property for your business!

9176 State Route 525, Clinton

Listing courtesy of Dalton Realty, Inc.

$2,500,000
2366108 MLS ⋅ ACTIVE Status
Investment Opportunity or 1030 exchange in Prime Location in the center of Oak Harbor Commercial District. High Visibility across from mayor retailers like Home Depot, Applebee's, Safeway and Walmart. 100% rented stable income stream. Owner Financing: %50 down payment option available. 54 parking spaces for ample parking. Strategic proximity 3 miles from Naval Base. Two separate Buildings with flexibility for diverse tenants or uses. This property is 1.020 Ac Parcel is very well maintained, excellent signage and easy access.

31775 State Route 20 Unit #A&B, Oak Harbor

Listing courtesy of HomeSmart One Realty.

$568,000
2267868 MLS ⋅ ACTIVE Status
Own a part of Oak Harbor history in this 1902 Victorian inspired building with wood floors, original molding and trim, fireplace mantle (ordered from Sears catalog and barged in from California) located in Oak Harbors Downtown Central Business District. Designed for multi office / work and retail spaces. Off street and street parking, separate storage building in the back. Partially fenced and shaded yard. A wonderful place to run your business, you won't want to leave work. Largest Monkey tree on the island!!! Close to Beach and all downtown amenities. Seller willing to consider owner financing and/or terms. Available for lease at $2500 per month.

1199 SE Dock Street, Oak Harbor

Listing courtesy of Keller Williams Western Realty.

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