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!
Property Map
From Hwy 525 to Freeland turn onto Main Street to Right on Vanbarr Place. Building is last on the left.
Listing # Courtesy of Coreen Lerch of Windermere Whidbey Island. Last Updated: January 2, 2025.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
Outstanding location on busy four-lane Midway boulevard in the heart of town and only a mile away from the naval Air station. This building has a completely renovated exterior...
Over 13,000 ft² of prime commercial, industrial, retail or manufacturing space located just off high traffic count Goldie Road. This recently updated building is currently be...
