5570 Harbor Avenue , Freeland, Wa 98249

WA, Freeland
$595,000
  • 0.28 Acre
  • Commercial Sale Property Type
  • 1962 Year Built
  • Closed Status
Property Description

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!

Source: NWMLS
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 2298045
  • Price: $595,000
  • Year Built: 1962
  • Lot Area: 0.28 Acre
  • Status: Closed
  • Office Name: John L. Scott Whidbey Island S
  • Agent Name: Cheryl A Keefe
  • Property Sub Type: Commercial Industrial
  • Roof: See Remarks, Torch Down
Features
  • Heating System Radiant, Ductless, Wall Unit(s), Stove/Free Standing
  • Cooling System Ductless
  • Exterior Features Cement/Concrete, Brick
  • Flooring Carpet, Vinyl
  • Sewer Septic Tank
Address Map
  • Country US
  • State WA
  • County Island
  • City Freeland
  • Zipcode 98249
  • Street: Harbor
  • Street Number: 5570
  • Street Suffix: Avenue
  • Longitude: W123° 28' 30.6''
  • Latitude: N48° 0' 32.2''
  • 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.
  • Mls Area Major: 811 - South Whidbey Island
Additional Information
  • Water Source: Public
  • Virtual Tour: Virtual Tour
  • Possible Use: Business,Commercial,Office,Retail
  • On Market Date: 2024-10-04
  • Number Of Units Total: 3
  • Foundation Details: Slab
  • Construction Materials: Concrete, Brick
Financial
  • Tax Annual Amount: 1587
Listing Information
  • List Agent Mls Id: 14586
  • List Office Mls Id: 2862
  • Listing Term: Cash Out,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2025-12-08T12:01:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-11-07T23:50:29Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

Similar Properties

MLS On The Fly