$ 695,000
5589 Harbor AVE Freeland, WA 98249
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Listed by Windermere RE/South Whidbey
$ 695,000
Est. payment /mo
New
5589 Harbor AVE Freeland, WA 98249
0.27 Acres Lot
UPDATED:
11/16/2024 08:46 AM
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
Lot Dimensions 111x110
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
Interior Features Ceramic Tile, Wall to Wall Carpet
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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