$695,000
For Sale

5589 Harbor Avenue

Freeland, WA 98249
Listing OfficeWindermere RE/South Whidbey
Browse 37 photos
Type:Purchase
Structure:Industrial
Zone:Commercial

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
Real Property Associates, Inc.
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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