Courtesy: Piper Finlay Real Estate
360-320-5066
Leanne Finlay
Wonderful South Whidbey high-quality commercial building looking for a wonderful new owner! Located in the Freeland Business General zone, potential for mixed residential/commercial use per county. Income producing, fully leased high quality 2-story Freeland bldg. Single tenant. Bright 2-story entry, no-stairs from parking to main level. Flag lot gives extra side street frontage & Main Street signage exposure. Lot incl landscaped walkway from Main St to bldg & 21-space private pkg area + 1 disabled space, bike rack. Beautiful NW landscaping w/7-zone irrigation system. Amazing tenant flexibility, w/doors and windows on all 4 sides. Potential for multiple tenants. Main floor area 3360 sf, upper 1022 sf. Excellent flexible areas for more than one showroom, offices, etc. 12' ceiling height + plenty of windows help create stunning showroom vignette areas. 3 baths on main, 1 up, staff kitchen on main. Upper w/vaulted ceilings, meeting space + ofc area. Current tenant is Frontier Millworks, affiliated with Frontier Building Supply, located across the street. Hydronic in-floor heating on main, fueled by an oil boiler. Upstairs has a freestanding propane stove, elec wall heater in bth. NNN lease, base lease approx $1.35 sf. Fire hydrant is 100' from front entry. Did you know that IRS rules allow you to use retirement funds, such as a self-directed IRA or Solo 401(k) to purchase comm'l property? Strict compliance regulations apply, check w/financial advisor. App't only pls.
Courtesy: Windermere RE/South Whidbey
360-221-8898
Mary Matthew
Prime location in Freeland. Solid business occupy three spaces Farmers Insurance, Chicago Title and Poptop World. This commercial building is in an excellent location and fully leased. The going rate for these offices is $2.00 per square foot. The tenants are stable and long term. The cap rate for this building is 8%. The building itself is in excellent condition. A new roof has been scheduled to be completed in the summer of 2026. This is an excellent investment! Call listing agent for more information.
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Freeland is located in Washington. Freeland, Washington has a population of 1,997. Freeland is more family-centric than the surrounding county with 28.84% of the households containing married families with children. The county average for households married with children is 26.09%.
The median household income in Freeland, Washington is $78,872. The median household income for the surrounding county is $75,628 compared to the national median of $69,021. The median age of people living in Freeland is 54.6 years.
The average high temperature in July is 73.2 degrees, with an average low temperature in January of 36.7 degrees. The average rainfall is approximately 23.1 inches per year, with 2.1 inches of snow per year.
