5577 Vanbarr Place, Freeland, 98249
MLS® #: 2318520
Active, 342 Days on Market
Listing Office: Windermere Whidbey Island
Last Update: 2025-12-14
0
Garages
342
Dom
0.35
Acres
1976
Built
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!
Price & Status History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Status Changed from Pending Feasibility to Active | – |
| Date: | Details: Status Changed from Active to Pending Feasibility | – |
| Date: | Details: Price Reduced from $995,000 to $897,500 |
Features of 5577 Vanbarr Place
| MLS® # | 2318520 |
|---|---|
| Price | $897,500 |
| Bathrooms | 0.00 |
| Acres | 0.35 |
| Year Built | 1976 |
| Type | Commercial Sale |
| Sub-Type | Commercial Industrial |
| Status | Active |
Community Information
| Address | 5577 Vanbarr Place |
|---|---|
| Area | 811 - South Whidbey Island |
| Subdivision | Freeland |
| City | Freeland |
| County | Island |
| State | WA |
| Zip Code | 98249 |
Amenities
| Parking Spaces | 22 |
|---|---|
| Is Waterfront | No |
Interior
| Heating | 90%+ High Efficiency, Heat Pump, Hot Water Recirc Pump |
|---|---|
| Cooling | Heat Pump |
| Fireplace | No |
Exterior
| Exterior Features | Cement/Concrete |
|---|---|
| Foundation | Slab |
Additional Information
| Days on Market | 342 |
|---|---|
| Cumulative Days on Market | 342 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Windermere Whidbey Island |
|---|
Listing Map
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