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Listing provided courtesy of Windermere RE/South WhidbeyNWMLSMLS# NWM2309044MLS Provider
  • 5 views

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.

Source: NWMLS, MLS#: NWM2309044

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  • Property Type
    Commercial Sale
  • Lot
    0.27 acres

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  • Median Age
    60
  • Population Density
    180
  • College Educated
    55%
  • Estimated Median Income
    $76,614
  • Estimated Total Home Owners
    1,808
  • Estimated Total Renters
    436
  • Owner / Renter Divide
    81% / 19%
  • Estimated Average Household Size
    2
  • Total Population
    4,458
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 5589 Harbor Avenue

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
1/8/2026Source: NWMLS Status Change
Active
12/22/2025Source: NWMLS Status Change
Pending Feasibility
11/15/2024Source: NWMLS Added to Database
November 15, 2024