Share this with your friends
(253) 209-4200
Real Estate Company
5577 Vanbarr Place, Freeland, WA 98249
- $865,000
Listing Broker: Windermere Whidbey Island; Coreen Lerch; 360-914-0936; coreen@windermere.com
- List Price
- $865,000
- Status
- ACTIVE
- MLS#
- 2593502
- Days on Market
- 0
- Annual Tax Ammount
- 2917.64
Property Description
Looking to relocate your practice to Whidbey Island or add an investment to your portfolio? This 2,400 SF freestanding building sits on a 15,246 SF lot with convenient access off SR 525, South Whidbey’s main highway. An extensive 2016 remodel touched nearly every system and finish. The updated storefront gives the building a clean, professional street presence. Inside are durable LVP floors, updated lighting, and maple cabinetry throughout. The layout is purpose-built for healthcare, with six exam rooms that each have a sink, plus a dedicated procedure room with storage, a sink, and an operatory light. Mechanical and infrastructure upgrades include: a Snap-Loc metal roof, high efficiency forced air furnace with heat pump, water heater with recirculating pump for instant hot water, upgraded fiber-optic cabling for modern IT and telehealth needs, solid oak doors, and updated bath fixtures. It was previously leased at $6,500/month NNN ($78,000 annually), which gives an investor a proven income baseline. The site has 22 parking spaces, a ratio of roughly 9 spaces per 1,000 SF, well above typical medical office standards. The building is handicap accessible. The sale also includes grade-level storage containers with 8 bays behind the building. The property suits an owner-user in medical, dental, chiropractic, veterinary, or wellness, or an investor looking for a low-maintenance NNN asset with major capital improvements already completed. Bring your business to Freeland.
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- Community
- Freeland
- Building Condition
- Good
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1976
- # of Assigned Spaces
- 22
- Roof
- Metal
- Tax Year
- 2026
- Potential Terms
- Cash, Conventional
- Flooring
- Vinyl Plank
- Driving Directions
- From Hwy 525 to Freeland turn onto Main Street to Right on Vanbarr Place. Building is last on the left.
- Energy Source
- Electric
- Net Operating Income
- $78,000
- Cap Rate
- 8
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.