5524 Myrtle Avenue Freeland, WA 98249
Listing Courtesy of: Northwest MLS / American Dream R. E. Services

  5524 Myrtle Avenue Freeland, WA 98249

Active (185 Days)
$575,000

Description

This fully permitted mixed-use building site is located in the vibrant heart of Freeland, presenting a prime opportunity for residential and commercial investment. The architectural plans include approximately 3,200 square feet of versatile commercial space on the ground floor, perfect for retail or office use. Above, you'll find three thoughtfully designed 2-bedroom apartments, each offering comfortable living spaces. Combines the best of both worlds, providing potential rental income from the apartments while benefiting from the foot traffic generated by the commercial space. Septic plan capacity expanded for development. Save 2 years of per-application work! Don’t miss this opportunity to invest in a thriving community!

MLS #:
2302056
Taxes
$690(2024)
Lot Size
0.71 acres
Type
Land
Style
Comm/Industrial
School District
South Whidbey Island
County
Island County
Community
Freeland

Listed By

Forbes Hansen, American Dream R. E. Services
Source
Northwest MLS as distributed by MLS Grid
Last checked Oct 18 2024 at 1:40 AM GMT+0000
Bathroom Details
Subdivision
  • Freeland
Property Features
  • Fireplace: 0
Utility Information
  • Utilities: Electricity Available
  • Sewer: Not Available
Additional Listing Info
  • Buyer Brokerage Compensation: 2
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 2024 10/17/24 18:40. 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.