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Listed by John L. Scott Whidbey Island S Cheryl A Keefe
$595,000
Est. payment /mo
0.28 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Pending
Purchase Type For Sale
Subdivision Freeland
MLS Listing ID 2298045
Style 60 - Comm Bldg Und 10K
Year Built 1962
Annual Tax Amount $1,587
Lot Size 0.280 Acres
Property Sub-Type Commercial Industrial
Property Description
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!
Location
State WA
County Island
Area 811 - South Whidbey Island
Interior
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Cement/Concrete
Roof Type See Remarks,Torch Down
Building
Sewer Septic Tank
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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