Listed by Mary Matthew, Windermere RE/South Whidbey
- Commercial Industrial
- Type
- 1978
- Year built
- 11,761 sq ft
- Lot
- 588
- Days on market
About this property
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.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2309044
- Listed
- November 15, 2024
- Days on market
- 588
Construction
- Year built
- 1978
- Style
- 73 - Office
- Structure
- Office
- Roof
- Metal
Heating & cooling
- Heating
- Heat Pump
- Cooling
- Central AirWall Unit(s)
- Energy source
- Electric
Flooring
- Flooring
- Ceramic TileVinylCarpet
Lot
- Lot size
- 11,761 sq ft
Terms
- Terms offered
- Conventional
Utilities
- Water
- Freeland Water
- Sewer
- Septic Tank
- Power
- PSE
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Office
- Metal
- Heat Pump
- Central Air
- Wall Unit(s)
- Electric
- Ceramic Tile
- Vinyl
- Carpet
- Conventional
- Septic Tank
Listing history
Listed
$695,000
November 15, 2024
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$4,047
- Principal & interest
- $3,514
- Property tax (est.)
- $533
Assumes $139,000 down (20%), a $556,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Similar nearby listings
$800,000
5536 Mutiny Sands Road
Freeland, WA
$696,700
5938 Sundown Lane
Freeland, WA
$658,000
1412 Commodore Place
Freeland, WA
$499,950
2192 Nautilus Road
Freeland, WA
$489,000
4225 Beach Drive
Freeland, WA
$760,000
1796 Twin Oaks Lane
Freeland, WA
Based on information submitted to the MLS GRID as of July 14, 2026 at 12:15 AM PDT. 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.