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Listing Firm: Windermere RE/South Whidbey: Mary Matthew

Active
NWMLS # 2309044

$695,000

  • - Beds
  • - Baths
  • - Sq.ft.

5589 Harbor Avenue , Freeland, WA 98249

Listings with the three tree icon are courtesy of NWMLS

About This Property

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.

Aris360 Last Checked: 2 Minutes Ago (May 30, 2025 04:06 AM)

  • Source: NWMLS as Distributed by MLS Grid #2309044

    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
    • -122.524127
  • Latitude
    • 48.008492
  • Directions
    • From the Clinton ferry Hwy 525 N to Right on Harbor Avenue to address.

  • Interior
    • Ceramic Tile
    • Wall to Wall Carpet
  • Floors
    • Ceramic Tile
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric

  • Style
    • 73 - Office
  • Parking Spaces
    • 14
  • Foundation
    • Slab,
  • Topography
    • Level
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Roof
    • Metal,
  • Septic or Sewer
    • Septic Tank,
  • Condition
    • Good,
  • Water
    • Freeland Water
  • Building Total Area (Sq. Ft.)
    • 11761

  • Possession
    • Closing,
  • Property Type
    • Commercial Sale
  • Property SubType
    • Commercial Industrial
  • Tax Year
    • 2024
  • Structure Type
    • Other,
  • Tax Amount
    • $2820.5
  • Year Built
    • 1978
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Fri May 30 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 30, 2025 04:06 AM