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Listed by:Windermere RE/South Whidbey • Mary Matthew
$ 695,000
Est. payment | /mo
0.27 Acres Lot
$ 695,000
Est. payment | /mo
0.27 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Freeland
MLS Listing ID 2309044
Style 73 - Office
Year Built 1978
Annual Tax Amount $3,296
Lot Size 0.270 Acres
Lot Dimensions 111x110
Property Sub-Type Commercial Industrial
Property Description
Prime location in Freeland. Solid business occupy three spaces Farmers Insurance, Chicago Title and Poptop World. This commercial building is in an excellent location and fully leased. The going rate for these offices is $2.00 per square foot. The tenants are stable and long term. The cap rate for this building is 8%. The building itself is in excellent condition. A new roof has been scheduled to be completed in the summer of 2026. This is an excellent investment! Call listing agent for more information.
Location
State WA
County Island
Area 811 - South Whidbey Island
Interior
Flooring Ceramic Tile, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Roof Type Metal
Building
Sewer Septic Tank
Water Public
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
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