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5589 Harbor Avenue

Freeland, WA 98249
  • $695,000
  • STATUS: Active
  • MLS #: 2309044
UPDATED: 15 min ago
$695,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1978
County:

School Ratings & Info

Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Windermere RE/South Whidbey.
Mortgage Calculator is provided by BoomTown.

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!

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MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tri-Cities Realty Group, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-10-11T23:14:55.743. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-10-11T23:14:55.743. 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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5589 Harbor Avenue Freeland, WA 98249

  • Price: $695,000
  • Status: Active
  • On Site: Days
  • Updated: 15 min ago
  • MLS #: 2309044
0
Beds
0
Baths
0
½ Baths
0.27
Acres
1978
Built
Neighborhood:
Freeland
County:
Island
Area:
811 - South Whidbey Island
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!
Exterior Features

Carport YN No Covered Spaces 0 Exterior Features Wood Lot Size Dimensions 111x110 Open Parking YN No Roof Metal Structure Type Office Style Code 73 - Office Topography Level

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 0 Cooling Central AirWall Unit(s) Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Ceramic TileVinylCarpet Heating Heat Pump Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No Foundation Details Slab Irrigation Water Rights YN No Listing Terms Conventional Net Operating Income 56342 Possession Closing Possible Use Commercial Power Company PSE Power Production Type Electric Property Condition Good Property Sub Type Commercial Industrial Senior Community YN No Sewer Septic Tank Special Listing Conditions None Tax Annual Amount 3296.2 Tax Year 2024 Water Company Freeland Water Water Source Public Zoning Description Commercial Zoning Jurisdiction County

MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tri-Cities Realty Group, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-10-11T23:14:55.743. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-10-11T23:14:55.743. 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.

Digital Millennium Copyright Act
 
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Tri-Cities Realty Group, LLC
1919 N 20th Ave
Pasco WA, 99301
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Windermere RE/South Whidbey.
Mortgage Calculator is provided by BoomTown.