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Listed by Windermere RE/South Whidbey
$ 695,000
Est. payment | /mo
0.27 Acres Lot
$ 695,000
Est. payment | /mo
0.27 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Freeland
MLS Listing ID 2309044
Style 73 - Office
Year Built 1978
Annual Tax Amount $2,820
Lot Size 0.270 Acres
Lot Dimensions 111x110
Property Sub-Type Commercial Industrial
Property Description
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
State WA
County Island
Area 811 - South Whidbey Island
Interior
Interior Features Ceramic Tile
Flooring Ceramic Tile, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Roof Type Metal
Building
Sewer Septic Tank
Water Public
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
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