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Listing Firm: John L. Scott Whidbey Island S: Cheryl A Keefe

Active
NWMLS # 2298045

5570 Harbor Avenue , Freeland, WA 98249

Listings with the three tree icon are courtesy of NWMLS

About This Property

Super investment opportunity with 100% occupancy and a 6.7% 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!

Aris360 Last Checked: 4 Minutes Ago (May 28, 2025 09:09 PM)

  • Source: NWMLS as Distributed by MLS Grid #2298045

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Harbor
  • Zip/Postal Code: 98249
  • City: Freeland

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$3,847 per month
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Property Features

  • County
    • Freeland
  • Community
    • 811 - South Whidbey Island
  • MLS Area
    • 811 - South Whidbey Island
  • Longitude
    • -122.524827
  • Latitude
    • 48.008934
  • Directions
    • From Ferry N on 525 to Freeland - Right on S Harbor Ave building on left approx 400 ft. - By Appointment only. Do not disturb tenants.

  • Interior
    • Wall to Wall Carpet
  • Floors
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
    • Propane
    • See Remarks

  • Style
    • 60 - Comm Bldg Und 10K
  • Parking Spaces
    • 12
  • Foundation
    • Slab,
  • Topography
    • Level
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Brick
    • Cement/Concrete
  • Roof
    • See Remarks,
    • Torch Down,
  • Septic or Sewer
    • Septic Tank,
  • Condition
    • Very Good,
  • Water
    • Freeland
  • Building Total Area (Sq. Ft.)
    • 12197

  • Possession
    • Closing,
    • Tenant's Rights,
    • Subject to Tenant Rights,
  • Property Type
    • Commercial Sale
  • Property SubType
    • Commercial Industrial
  • Tax Year
    • 2025
  • Structure Type
    • Land,
  • Tax Amount
    • $1587
  • Year Built
    • 1962
  • Effective Year Built
    • 1992
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Wed May 28 2025 . 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.

May 28, 2025 09:09 PM