$575,000
For Sale

5524 Myrtle Avenue

Freeland, WA 98249
Listing OfficeAmerican Dream R. E. Services
Browse 14 photos
Type:Purchase
Structure:Land
Zone:Residential

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!

  • Property Details
      • Acres0.71
  • Construction Details
      • Style43 - Comm/Industrial
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available
      • Sewer InformationNot Available
      • Utility SourceAvailable
  • Community and Neighborhood Details
      • SubdivisionFreeland
    • Location
      • School DistrictSouth Whidbey Island
      • CountyIsland
  • Financial Details
      • Original List Price$575,000
      • Taxes Annual$689
      • Days on Market (Cumulative)223
  • Other
      • MLS #2302056
Andrew KnutzenReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00