5531 Freeland Avenue Freeland, WA $ 1,700,000
5531 Freeland Avenue
$ 1,700,000
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5531 Freeland Avenue

Freeland, WA, 98249
$ 1,700,000
Bedrooms-- Baths--

Monthly Estimate*

$ 11,741

Listed by Windermere RE Anacortes Prop.
5531 Freeland Avenue, Freeland, WA 98249 - Image 1
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Commercial Property for sale in Freeland, WA

for $1,700,000. This building was built in 2007 on a lot size of 1.1.

5531 Freeland Avenue is one of the nicest and largest professional office buildings on South Whidbey Island: a 2007-built, two-level, 9,594 SF building with 7,737 SF of finished office space, on 1.11 acres at the corner of Freeland Avenue and State Route 525 in Freeland's commercial core. The building is currently owner-occupied and will be delivered vacant at closing, giving a business the chance to own its headquarters rather than lease it. Offered at $1,700,000, well below the estimated cost to build it today. A wood-frame office building on two levels over a concrete foundation, designed by Richard Lawson Architect and completed in 2007. The main level is entered at grade from the parking lot; the site slopes toward SR 525, so the lower level is a daylight floor with its own covered patio entry. Covered timber-framed entry opening to reception, with private offices, three conference rooms, a manager's office, resource and work areas, a server room, restrooms, and open office areas under vaulted ceilings. Lounge and training room opening to a covered patio, three private offices, an open office area, restrooms, storage and mechanical rooms. The unfinished area is labeled for future development on the architect's plans. A corner parcel with frontage on both Freeland Avenue and SR 525, access from Freeland Avenue, a paved parking lot east of the building, mature landscaping, and open land along the highway frontage that includes the septic drainfield.

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Commercial Active

Price

$ 1,700,000

Property Type

Commercial

Taxes

$ 0

Style

Office

Lot Size

1.1

Year Built

2007

Town/City

Freeland

County/Region

Island

MLS | Web ID

2592385

Features
General
Living Area 0
Sewer Septic Tank
Possession Closing
Roof Composition
HOA Fee 0
Year Built 2007
Property Subtype Commercial Industrial
County Island
Net Operating Income 144000
Property Type Commercial Sale
HOA N
Subdivision Name Freeland
Possible Use Commercial See Remarks
Special Listing Conditions None
Status Active
Directions GPS Friendly
City Freeland
Senior Community Y/N N
Zoning Description Commercial See Remarks
Number Of Units Total 0
MLS Area 811 - South Whidbey Island
Lot Size Units Square Feet
Lot Size Square Feet 47916
Carport Y/N N
Property Condition Very Good
Public Remarks 5531 Freeland Avenue is one of the nicest and largest professional office buildings on South Whidbey Island: a 2007-built two-level 9 594 SF building with 7 737 SF of finished office space on 1.11 ac
Structure Type Office
Building Area Units Square Feet
Standard Status Active
Property Style 73 - Office
Cap Rate 8.47
AFH 202
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Total Parking 19
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 1.1
Irrigation Water Rights Y/N N
Parking Uncovered Total 19
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Internal Only
OriginalMLSID NWM2592385
Street Number 1 5531
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* Excluded Features
List By
Nate Scott

Listing Agent

Windermere Re Anacortes Prop.

Broker

nscott@windermere.com

Email

Affordability Calculator

$11,741
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,741
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/8/2026$1,700,000 Listed Price

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5531 Freeland Avenue, Freeland, WA, 98249 is a Commercial Property for sale at $1,700,000 with a lot size of 1.1. 5531 Freeland Avenue was built in 2007. The property's zip code is 98249 which is in Freeland, WA