Provided by NWMLS, Listed by Windermere RE/South Whidbey
Active
5589 Harbor Avenue
Freeland WA, 98249
$695,000
Active
Commercial
Built in 1978
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.
2309044
MLSⓇ ID
November 15, 2024
Listed
November 22, 2024
Updated
Map
5589 Harbor Avenue
Freeland WA, 98249
Interior Features
Interior Features
Ceramic Tile, Wall to Wall Carpet
Floor Description
Ceramic Tile, Vinyl, Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Central A/C, Wall Unit(s)
Heating
Yes
Heating Description
Heat Pump
Exterior/Building Features
Lot Size
0.27 Acres
Exterior Features
Wood
Roof
Metal
Sewer
Septic Tank
Other Property Details
Area Name
811 - South Whidbey Island
Taxes
$2,821
Tax Frequency
Annually
Garage
No
Parking Total
14
View
No
County
Island
Water Source
Public
Pool
No
The IDX display presents information sourced from the Northwest Multiple Listing Service as of 12/22/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 12/22/2024 at 8:00 PM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Data last updated on 12/22/2024 at 8:00 PM UTC