5589 Harbor Avenue · Freeland, WA 98249
Source: NWMLS · Windermere RE/South Whidbey · Mary Matthew #NWM2309044
About this home
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!
Location
Basics
- Property type
- Commercial Industrial
- Style
- Office
- Condition
- Good
- Year built
- 1978
- Lot size
- 11,761 sq ft (0.27 acres)
- County
- Island
- MLS #
- NWM2309044
Interior
- Heating
- Heat Pump
- Cooling
- Central Air, Wall Unit(s)
- Flooring
- Ceramic Tile, Vinyl, Carpet
Exterior & lot
- Exterior features
- Wood
- Roof
- Metal
- Foundation
- Slab
- Topography
- Level
Utilities
- Water
- Public
- Sewer
- Septic Tank
- Power
- Electric
Community & fees
- Subdivision
- Freeland
- Property tax
- $3,296 (2024)
Transaction
- Listed on
- Nov 15, 2024
- Days on market
- 657
- Listing terms
- Conventional
- Possession
- Closing
More homes nearby
Schools
- High
- South Whidbey High SchoolSchoolDigger 4 stars · Top 20% in WA
Listing provided courtesy of: Windermere RE/South Whidbey
Listing agent: Mary Matthew.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-17.