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Listed by John L. Scott Whidbey Island S

$595,000

Est. payment - /mo

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0.28 Acres Lot

Active

5570 Harbor AVE Freeland, WA 98249

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Whitney Johnson

whitney@unitedcountrynw.com +1(509) 240-6438

UPDATED:

10/06/2024 11:17 AM

Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Freeland

MLS Listing ID 2298045

Style 60 - Comm Bldg Und 10K

Year Built 1962

Annual Tax Amount $1,477

Lot Size 0.280 Acres

Property Description

Super investment opportunity with 100% occupancy and a 6.5% cap rate which is rare if not unheard of on South Whidbey. One level brick building with 3 tenants - 4 spaces located in Freeland South Whidbey's business hub. Many upgrades in past years including septic, roof, interior wiring, ductless mini-splits & tenant improvements. This building has been maintained & is in great condition. 12 parking spots, backyard has area for storage, office picnics & more! Do not disturb tenants, by appointment only!

Location

State WA

County Island

Area 811 - South Whidbey Island

Interior

Interior Features Wall to Wall Carpet

Flooring Vinyl, Carpet

Fireplace Yes

Exterior

Exterior Feature Brick, Cement/Concrete

Roof Type See Remarks,Torch Down

Building

Sewer Septic Tank

Water Public

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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

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Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

Whitney Johnson

5570 Harbor AVE Freeland, WA 98249

Whitney Johnson

Key Details

Location

Interior

Exterior

Building

Others

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