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Listed by:Windermere RE/South Whidbey • Mary Matthew

$695,000

Est. payment - /mo

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0.27 Acres Lot

Active

5589 Harbor AVE Freeland, WA 98249

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Freeland

MLS Listing ID 2309044

Style 73 - Office

Year Built 1978

Annual Tax Amount $3,296

Lot Size 0.270 Acres

Lot Dimensions 111x110

Property Sub-Type Commercial Industrial

Property Description

Prime location in Freeland. Solid business occupy three spaces Farmers Insurance, Chicago Title and Poptop World. This commercial building is in an excellent location and fully leased. The going rate for these offices is $2.00 per square foot. The tenants are stable and long term. The cap rate for this building is 8%. The building itself is in excellent condition. A new roof has been scheduled to be completed in the summer of 2026. This is an excellent investment!

Location

State WA

County Island

Area 811 - South Whidbey Island

Interior

Flooring Ceramic Tile, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Roof Type Metal

Building

Sewer Septic Tank

Water Public

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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