5577 Vanbarr Place , Freeland, Wa 98249

WA, Freeland
$897,500
  • 0.35 Acre
  • Commercial Sale Property Type
  • 1976 Year Built
  • Expired Status
Property Description

Excellent investment opportunity w/this commercial building in the heart of Freeland, WA on beautiful Whidbey Island. Currently a successful medical practice, this property sees a 7.7% cap rate w/long-term triple net tenants. The building underwent an extensive remodel in 2016. Improvements include: NEW store front, LVP flooring, snaploc metal roof, HVAC, water heater w/recirculating pump, solid oak doors, 6 exam rooms complete w/sinks, interior & exterior paint, upgraded fiberoptic cabling, lighting, bath fixtures, maple cabinets throughout, & 1 procedure room w/storage, sink & operatory light. Property sale includes grade level storage containers w/8 bays behind the building. Well maintained w/solid tenants equals a great opportunity!

Source: NWMLS
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 2318520
  • Price: $897,500
  • Year Built: 1976
  • Lot Area: 0.35 Acre
  • Status: Expired
  • Office Name: Windermere Whidbey Island
  • Agent Name: Coreen Lerch
  • Property Sub Type: Commercial Industrial
  • Roof: Metal
Features
  • Heating System Heat Pump, Hot Water Recirc Pump, 90%+ High Efficiency
  • Cooling System Heat Pump
  • Exterior Features Cement/Concrete
  • Flooring Vinyl Plank
  • Sewer Septic Tank
Address Map
  • Country US
  • State WA
  • County Island
  • City Freeland
  • Zipcode 98249
  • Street: Vanbarr
  • Street Number: 5577
  • Street Suffix: Place
  • Longitude: W123° 28' 23.7''
  • Latitude: N48° 0' 30.9''
  • Directions: From Hwy 525 to Freeland turn onto Main Street to Right on Vanbarr Place. Building is last on the left.
  • Mls Area Major: 811 - South Whidbey Island
Additional Information
  • Water Source: Public
  • Virtual Tour: Virtual Tour
  • Possible Use: Commercial,Office
  • On Market Date: 2025-01-01
  • Foundation Details: Slab
  • Construction Materials: Cement
Listing Information
  • List Agent Mls Id: 102265
  • List Office Mls Id: 8677
  • Listing Term: Cash Out,Conventional
  • Mls Status: Expired
  • Modification Timestamp: 2026-01-01T08:29:25Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-01-01T08:25:22Z
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

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