5577 Vanbarr PL Active Save Request In-Person Tour Request Virtual Tour
Freeland,WA 98249
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
Exterior
Exterior Feature Cement/Concrete
Roof Type Metal
Building
Sewer Septic Tank
Water Public
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional
Virtual Tour https://snowberrylanephotography.hd.pics/d/995EED8C546C4C428