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JRJeff ReynoldsCompass · Seattle

Listed by Leanne R. Finlay, Piper Finlay Real Estate

Commercial Industrial
Type
2002
Year built
25,700 sq ft
Lot
60
Days on market

About this property

Located in the Freeland Business General zone, potential for mixed residential/commercial use per county. This is a great income producing, fully leased high quality 2-story Freeland comm'l bldg, single tenant, full bldg. 2-story entry, no-stairs from parking to main level. Flag lot gives extra street frontage & Main Street signage exposure, lot incl landscaped walkway from Main St to building + private parking area. Beautiful NW landscaping w/7-zone irrigation system. Onsite parking w/21 spaces, 1 disabled space, bike rack. Amazing tenant flexibility, w/doors and windows on all 4 sides. Potential for multiple tenants. Main floor area 3360 sf, upper 1022 sf. Excellent flexible areas for more than one showroom, offices, etc. 12' ceiling height + plenty of windows help create stunning showroom vignette areas. 3 baths on main, 1 up, staff kitchen on main. Upper w/vaulted ceilings, meeting space + ofc area. Upstairs easily could have separate entrance. Current tenant is Frontier Millworks, affiliated with Frontier Building Supply, located across the street. Hydronic in-floor heating on main, fueled by an oil boiler. Upstairs has a freestanding propane stove, elec wall heater in bth. NNN lease, base lease approx $1.35 sf. Fire hydrant is 100' from front entry. Did you know that IRS rules allow you to use retirement funds, such as a self-directed IRA or Solo 401(k) to purchase comm'l property? Strict compliance regulations apply, check w/financial advisor. Appointment only please.

Location & commute

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Directions

Property details

Listing details

Listing number
#2521831
Listed
May 14, 2026
Days on market
60

Parking

Total spaces
21

Construction

Year built
2002
Style
60 - Comm Bldg Und 10K
Structure
Unspecified
Roof
Composition

Heating & cooling

Heating
RadiatorStove/Free Standing
Cooling
See Remarks
Energy source
ElectricNatural GasOil

Flooring

Flooring
ConcreteHardwoodCarpet

Lot

Lot size
25,700 sq ft

Terms

Terms offered
ConventionalOwner Will Carry

Utilities

Water
Freeland Water
Sewer
n/a
Power
Whidbey Telecom

What stands out to you?

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  • Unspecified
  • Composition
  • Radiator
  • Stove/Free Standing
  • See Remarks
  • Electric
  • Natural Gas
  • Oil
  • Concrete
  • Hardwood
  • Carpet
  • Conventional

Listing history

  1. Listed

    $1,495,000

    May 14, 2026

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

$8,706

Principal & interest
$7,560
Property tax (est.)
$1,146

Assumes $299,000 down (20%), a $1,196,000 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

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.