430 - 490SE Pioneer Way
Oak Harbor WA 98277

Restaurant - Motel with Real Estate

430 - 490SE Pioneer Way Oak Harbor WA 98277

Listing #: 665331 | Status: Available | Last Modified: 5/31/2023 |

For Sale
Tom O'Brien
  • Phone:(253) 988-0080
  • Email:tom@paccombrokers.com
  • Office Name:Pacific Commercial Brokers
  • Office Phone:(253) 507-5442
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
close aerial 3.2.jpg
Price Information
  • Listing Price$ 4,500,000.0
  • $/SF$ 327.6
  • $/Unit$ 4,500,000.0
  • Listing StatusAvailable
  • Days on Market804
  • Asset ClassRetail, Multi-Family, Hotel/Motel
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 5.46 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units24
  • # of Elevators0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF13737
  • Net Rentable Area13737
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF58806
  • Acres1.35
Property Type
  • Property TypeRetail
  • Office TypeSingle Tenant
  • InvestmentYes
  • Building Class
Location
  • CountyIsland
  • Vicinity
  • Location Description
  • Second Address
  • Cross StreetPioneer Way & City Beach Street
  • Market AreaIsland County
  • Tax ID #R13202-230-1520
  • Additional Parcels11016
  • ZoningCBD
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces50
  • Total Parking Spots50
  • Parking Ratio
Construction
  • Year Built1958
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeWood

Restaurant - Motel with Real Estate

Public Comments

The subject property is located on the signalized corner of SE City Beach St and SE Pioneer Way at the entrance to revitalized old town Oak Harbor. The properties encompasses 1.35 acres and consists of an approximately 3,730sf free standing restaurant fronting approximately 10,007sf, 23 room motel that has been converted in to long term rentals, coupled with the adjacent residential property consisting of approximately 984sf on 10,628sf of land. Both parcels lie in the CBD zoning district which allows for a multitude of uses.

Public Building Comments

Fully equipped, active working business. Restaurant seating of 105 & bar seats 35. Banquet room accommodates up to 100.

Listing Images