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Listed by Windermere Whidbey Island
$ 995,000
Est. payment /mo
Active
5577 Vanbarr PL Freeland, WA 98249
0.35 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Freeland
MLS Listing ID 2318520
Style 60 - Comm Bldg Und 10K
Year Built 1976
Lot Size 0.350 Acres
Property Sub-Type Commercial Industrial
Property Description
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!
Location
State WA
County Island
Area 811 - South Whidbey Island
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Cement/Concrete
Roof Type Metal
Building
Sewer Septic Tank
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
Virtual Tour https://snowberrylanephotography.hd.pics/d/995EED8C546C4C428
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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