Super investment opportunity with 100% occupancy and a 6.7% cap rate which is rare if not unheard of on South Whidbey. One level brick building with 3 tenants - 4 spaces located in Freeland South Whidbey's business hub. Many upgrades in past years including septic, roof, interior wiring, ductless mini-splits & tenant improvements. This building has been maintained & is in great condition. 12 parking spots, backyard has area for storage, office picnics & more! Do not disturb tenants, by appointment only!
Listing Provided Courtesy of Cheryl A Keefe, John L. Scott Whidbey Island S
General Information
NWM2298045
Commercial Industrial
224
DOM
0.28 acres
0
1962
Busines
Island
Commercial Sale
Commercial Industrial
Listing Provided Courtesy of Cheryl A Keefe, John L. Scott Whidbey Island S
Krishna Realty data last checked: Jun 20, 2025 10:33 | Listing last modified May 16, 2025 23:36,
Source:
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Residence Information
0
2210
See Remarks, Torch Down
60 - Comm Bldg Und 10K
1962
Slab
Features and Utilities
Brick, Cement/Concrete
Public
Septic Tank
Financial
1587
Cash Out, Conventional
10-04-2024
3647
Comparable Information
224
224
Cash Out, Conventional
$595,000
$595,000
May 16, 2025 23:36
Schools
Map
Listing courtesy of John L. Scott Whidbey Island S.
Super investment opportunity with 100% occupancy and a 6.7% cap rate which is rare if not unheard of on South Whidbey. One level brick building with 3 tenants - 4 spaces located in Freeland South Whidbey's business hub. Many upgrades in past years including septic, roof, interior wiring, ductless mini-splits & tenant improvements. This building has been maintained & is in great condition. 12 parking spots, backyard has area for storage, office picnics & more! Do not disturb tenants, by appointment only!
