5589 Harbor Avenue
Freeland, WA 98249
0.27 acres | #2309044
Description
Prime Location in Freeland. Solid businesses occupies two spaces Farmer Insurance and Chicago Title & Escrow. There is one 500 square foot office that is currently not leased. The going rate for this space is $2.00 per square foot, so if it was occupied it would add $12,000 per year in income so the cap rate would increase to 8.1%. This is a great investment property.
Property Details
- InteriorCeramic Tile, Wall to Wall Carpet
- Property SubtypeCommercial Industrial
- Date ListedNovember 15, 2024
- Style73 - Office
- Sewer InformationSeptic Tank
- Property TypePurchase
- SubdivisionFreeland
- Original List Price$695,000
- MLS #2309044
- MLS #2309044
- Utility SourcePublic
- CountyIsland
- Taxes Annual$2,820
- Cost695000
- Structure TypeOffice
- Exterior MaterialsWood
- Acres0.27
- Year Built1978
- FoundationSlab
- Property ConditionGood
- Days on Market (Cumulative)33
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-16 00:46:09. 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.
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Last Updated:Â . Source: NWMLS
Listing Courtesy
Listing Agent: Mary Matthew (#NWM43190)
Listing Office: Windermere RE/South Whidbey (#NWM9441)
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