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$575,000
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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!
Full Property Details
Full Property Details for 5570 Harbor Ave
General
- Sold For: $575,000
- Taxes: $1,587 (2025)
- Status: Closed
- Type: Industrial
- Source: NWMLS
- MLS ID: 2298045
- Added to Site: 504 day(s) ago
Rental Information
- Complex Features: Disabled Access
Interior
- Flooring: Vinyl, Carpet
Parking
- Uncovered Spaces: 12
Location
- Area: 811 - South Whidbey Island
- County: Island
- Subdivision: Freeland
- Driving Directions: From Ferry N on 525 to Freeland - Right on S Harbor Ave building on left approx 400 ft. - By Appointment only. Do not disturb tenants.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless
- Heating Type: Ductless, Radiant, Stove/Free Standing, Wall Unit(s)
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Structure Type: Unspecified
- Exterior Const.: Brick, Cement/Concrete
- Foundation: Slab
- Roof: See Remarks, Torch Down
- Office: 2,400 Sq. Ft.
- Year Built: 1962
- Property Condition: Very Good
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,197
- Lot Size Source: Public
- Lot Depth: 162
- Topography: Level
- Zoning: Business, Commercial, Office, Retail
Financial Considerations
- Tax Amount: $1,587
- Tax Year: 2025
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Surveyed: true
- Property ID: R229110390970
Listed by Cheryl A Keefe | John L. Scott Whidbey Island S | (360) 221-1828
Sold by Cindy Kim | Frontier Realty
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Schools
Schools serving 5570 Harbor Ave
School District:South Whidbey School District
| Name | Grades | Distance |
|---|---|---|
South Whidbey Elementary 5380 Maxwelton Road, Langley, WA 98260 | K-6 | 5.3 mi |
South Whidbey Middle School 5675 Maxwelton Road, Langley, WA 98260 | 7-8 | 5.3 mi |
South Whidbey High School 5675 Maxwelton Road, Langley, WA 98260 | 9-12 | 5.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5570 Harbor Ave
Date
Details
Price
Change
Source
11/07/2025
Sold
$575,000
-3.36%
MLS
10/04/2024
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5570 Harbor Avenue, Freeland, WA 98249 (MLS# 2298045) is a Industrial property that was sold at $575,000 on November 07, 2025. Want to learn more about 5570 Harbor Avenue? Do you have questions about finding other Industrial real estate for sale in Freeland? You can browse all Freeland real estate or contact a Coldwell Banker agent to request more information.

