5589 Harbor AVE new to site Save Request In-Person Tour Request Virtual Tour
Freeland,WA 98249
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 $2,820
Lot Size 0.270 Acres
Property Description
Prime Location in Freeland. Solid businesses occupies two spaces Farmer Insurance and Chicago Title & Escrow. There is one 500 square foot office that is currently not leased. The going rate for this space is $2.00 per square foot, so if it was occupied it would add $12,000 per year in income so the cap rate would increase to 8.1%. This is a great investment property.
Location
State WA
County Island
Area 811 - South Whidbey Island
Interior
Flooring Ceramic Tile,Vinyl,Carpet
Exterior
Exterior Feature Wood
Roof Type Metal
Building
Sewer Septic Tank
Water Public
Others
Acceptable Financing Conventional
Listing Terms Conventional