Freeland, WA 98249 5589 Harbor Avenue

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Presented By: Windermere RE/South Whidbey and NWMLS
  • Northwest Multiple Listing Service (NWMLS) - 21 - WA
  • MLS# 2309044
  • 11/15/2024
  • Get pre-approved
  • Request Tour
  • Request Info
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Home Details

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.
Presented By: Windermere RE/South Whidbey and NWMLS

Interior Features for 5589 Harbor Avenue

Bedrooms

Bedrooms Upper

Bathrooms

Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper

Other Interior Features

Air Conditioning Y/NYes
Ceiling Height8
Fireplace Y/NNo
FlooringCeramic Tile, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces

General for 5589 Harbor Avenue

Building Area UnitsSquare Feet
Cap Rate8
Carport Y/NNo
CityFreeland
CoolingCentral A/C, Wall Unit(s)
CountyIsland
DirectionsFrom the Clinton ferry Hwy 525 N to Right on Harbor Avenue to address.
HOANo
HOA Fee$
HeatingHeat Pump
Insurance Expense4097
Listing TermsConventional
Lot Size Square Feet11761
Lot Size UnitsSquare Feet
MLS Area811 – South Whidbey Island
ModificationTimestamp2025-09-25T20:58:11.555Z
NWM_ShowMapLinkY
Net Operating Income55418
Number Of Units Total3
PossessionClosing
Possible UseCommercial
Property ConditionGood
Property Style73 – Office
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksPrime 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 ra
RoofMetal
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeOffice
Subdivision NameFreeland
Tax Annual Amount2820.5
Tax Year2024
TopographyLevel
Total Actual Rent4550
Water CompanyFreeland Water
Water Sewer Garbage1114
Year Built1978
Zoning DescriptionCommercial

Exterior for 5589 Harbor Avenue

Building Area Total
Covered Spaces
Exterior AmenitiesWood
Foundation DetailsSlab
Irrigation Water Rights Y/NNo
Lot Dimensions111×110
Lot Size Acres0.27
Parking Uncovered Total14
Site Frontage110
Total Parking14
Water SourcePublic

Additional Details

Price History

Josh QA1

REALTOR ® SRES ®
Price $695,000
MLS#2309044
List Date 11/15/2024
Property Type Commercial
Phone 925.123.4567
Get pre-approved
Request Tour
Request Info
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