1. Washington
  2. Freeland
  3. 5577 Vanbarr Place
$897,500

5577 Vanbarr Place, Freeland, WA 98249

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1976
  • Property Lot Size Icon0.35acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

This listing courtesy of Coreen Lerch, Windermere Whidbey Island

Excellent investment opportunity w/this commercial building in the heart of Freeland, WA on beautiful Whidbey Island. Currently a successful medical practice, this property sees a 7.7% cap rate w/long-term triple net tenants. The building underwent an extensive remodel in 2016. Improvements include: NEW store front, LVP flooring, snaploc metal roof, HVAC, water heater w/recirculating pump, solid oak doors, 6 exam rooms complete w/sinks, interior & exterior paint, upgraded fiberoptic cabling, lighting, bath fixtures, maple cabinets throughout, & 1 procedure room w/storage, sink & operatory light. Property sale includes grade level storage containers w/8 bays behind the building. Well maintained w/solid tenants equals a great opportunity!

Listing Status:
Active
Listing Office:
Windermere Whidbey Island : 360-675-5953
Listing Agent:
Coreen Lerch : 360-675-5953
MLS ID:
2318520
  • Flooring: Vinyl Plank
  • A/C: Heat Pump
  • Heating: 90%+ High EfficiencyHeat PumpHot Water Recirc Pump
  • Fireplace: Fireplaces: 0

This listing courtesy of Coreen Lerch, Windermere Whidbey Island

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

South Whidbey Special Services

5520 Maxwelton Rd, Langley, WA, 98260

Grades PK-1

5.27 miles away

S

South Whidbey Middle School

5675 Maxwelton Rd, Langley, WA, 98260

Grades 7-8

5.41 miles away

S

South Whidbey Academy

5675 Maxwelton Rd, Langley, WA, 98260

Grades 10-12

5.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.