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5589 Harbor Avenue Freeland, WA $ 695,000
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$ 695,000 Get more info
5589 Harbor Avenue
$ 695,000
Back to search
Share Save

5589 Harbor Avenue

Freeland, WA, 98249
$ 695,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,336

Listed by Windermere RE/South Whidbey
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Commercial Property for sale in Freeland, WA

for $695,000. This building was built in 1978 on a lot size of 0.27.

Prime Location in Freeland. Solid businesses occupies two spaces Farmer Insurance and Chicago Title & Escrow. There is one 500 square foot office that is will be leased beginning of May. The going rate for this space is $2.00 per square foot. Occupied it adds $12,000 per year in income. Cap rate is 8%. This is a great investment property.

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Commercial Active

Price

$ 695,000

Property Type

Commercial

Taxes

$ 2,820

Style

Office

Lot Size

0.27

Year Built

1978

Town/City

Freeland

County/Region

Island

MLS | Web ID

2309044
Features
General
Living Area 0
Sewer Septic Tank
Heating Heat Pump
Cooling Central A/C Wall Unit(s)
Possession Closing
Roof Metal
HOA Fee 0
Year Built 1978
Topography Level
Property Subtype Commercial Industrial
Tax Year 2024
County Island
Net Operating Income 55418
Insurance Expense 4097
Property Type Commercial Sale
HOA N
Subdivision Name Freeland
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions From the Clinton ferry Hwy 525 N to Right on Harbor Avenue to address.
City Freeland
Senior Community Y/N N
Zoning Description Commercial
Number Of Units Total 3
MLS Area 811 - South Whidbey Island
Lot Size Units Square Feet
Lot Size Square Feet 11761
Carport Y/N N
Listing Terms Conventional
Tax Annual Amount 2820.5
Property Condition Good
Public Remarks Prime Location in Freeland. Solid businesses occupies two spaces Farmer Insurance and Chicago Title & Escrow. There is one 500 square foot office that is will be leased beginning of May. The going ra
Structure Type Office
Building Area Units Square Feet
Standard Status Active
Water Company Freeland Water
Total Actual Rent 4550
Water Sewer Garbage 1114
Property Style 73 - Office
Cap Rate 8
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Exterior
Exterior Amenities Wood
Water Source Public
Total Parking 14
Foundation Details Slab
Building Area Total 0
Lot Dimensions 111x110
Lot Size Acres 0.27
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Frontage 110
Parking Uncovered Total 14
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Interior
Flooring Ceramic Tile Vinyl Carpet
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Ceiling Height 8
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2309044
Street Number 1 5589
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* Excluded Features
List By
Mary Matthew

Listing Agent

Windermere Re/South Whidbey

Broker

Affordability Calculator

$4,571
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,336
Monthly Property Taxes
$235
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/15/2024$695,000 Listed Price

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5589 Harbor Avenue, Freeland, WA, 98249 is a Commercial Property for sale at $695,000 with a lot size of 0.27. 5589 Harbor Avenue was built in 1978. The property's zip code is 98249 which is in Freeland, WA

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