Freeland WA Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1976
- Baths:
- MLS#:
- 2318520
View additional info
Courtesy: Windermere Real Estate Whidbey
360-675-5953
Coreen Lerch
ADDITIONAL INFORMATION
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!
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1978
- Baths:
- MLS#:
- 2309044
View additional info
Courtesy: Windermere RE/South Whidbey
360-221-8898
Mary Matthew
ADDITIONAL INFORMATION
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.
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1962
- Baths:
- MLS#:
- 2298045
View additional info
Courtesy: John L. Scott Whidbey Island S
360-221-1828
Cheryl Keefe
ADDITIONAL INFORMATION
Super investment opportunity with 100% occupancy and a 6.5% cap rate which is rare if not unheard of on South Whidbey. One level brick building with 3 tenants - 4 spaces located in Freeland South Whidbey's business hub. Many upgrades in past years including septic, roof, interior wiring, ductless mini-splits & tenant improvements. This building has been maintained & is in great condition. 12 parking spots, backyard has area for storage, office picnics & more! Do not disturb tenants, by appointment only!
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Based on information submitted to the MLS GRID as of {{last updated}}. 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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Freeland Real Estate
The median home value in Freeland, WA is $668,700. This is higher than the county median home value of $544,500. The national median home value is $338,100. The average price of homes sold in Freeland, WA is $668,700. Approximately 55.94% of Freeland homes are owned, compared to 14.43% rented, while 29.64% are vacant. Freeland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Freeland real estate agent to arrange a tour today!
Freeland, Washington 98249 has a population of 1,997. Freeland 98249 is less family-centric than the surrounding county with 19.9% of the households containing married families with children. The county average for households married with children is 26.09%.
The median household income in Freeland, Washington 98249 is $78,872. The median household income for the surrounding county is $75,628 compared to the national median of $69,021. The median age of people living in Freeland 98249 is 54.6 years.
Freeland Weather
The average high temperature in July is 73.2 degrees, with an average low temperature in January of 36.7 degrees. The average rainfall is approximately 23.1 inches per year, with 2.1 inches of snow per year.