5524 South Myrtle Avenue

Freeland, WA 98249

$575,000
Price
30,928 / 0.71
Lot Size / Acres

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...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!
  1. Listed by Forbes Hansen • American Dream R. E. Services
  2. Listed by Brent Wolters • Best Choice Realty

Property Details for 5524 South Myrtle Avenue

Community Name
Freeland
School District
South Whidbey Island
Entry Date
10-16-2024
Sewer
Not Available
LISTING UPDATED: 11/14/2024 09:00 AM

Property Details for 5524 South Myrtle Avenue

StatusActive
MLS #2302056
Days on Market36
Cumulative Days on Market219
Taxes$690 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.71 AC
CountyIsland County

Building Information for 5524 South Myrtle Avenue

Lot Size0.71 AC

Property Information for 5524 South Myrtle Avenue

Summary
Location and General Information
  • Style: 43 - Comm/Industrial
  • Area: 811 - South Whidbey Island
  • Directions: On Whidbey Island, take SR 525 to E Main Street in Freeland, then turn onto Myrtle Ave; 5524 Myrtle Ave will be on your left.
  • Property Sub Type: VACL
  • Road Information: Paved
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Carport: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • FIRPTA: No
Exterior Features
  • Road Surface Type: Paved
Property
Utilities
  • Electricity: In Street
  • Electric On Property: No
  • Gas Available: Not Available
  • Water Source: Available
  • Utilities: Electricity Available
Property and Assessments
  • Zoning Jurisdiction: County
  • Zoning Class: Business
  • Water Jurisdiction: Freehand Water & Sewer
  • Restrictions: CC&R
  • Possible Use: Business
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 14
Lot Information
  • Lot Size Source: Assessor
  • Parcel Number Free Text: S637500000040
  • Calculated Square Footage: 0
  • Structure Type: Industrial
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 5524 South Myrtle Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5524 South Myrtle Avenue

This home is within South Whidbey School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 1
Rating
School
Distance
South Whidbey Elementary
PublicK to 6

South Whidbey Middle School
Public7 to 8

South Whidbey High School
Public9 to 12

South Whidbey Special Services
PublicPK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5524 South Myrtle Avenue is a 0.71 ac of land for sale in Freeland, WA 98249. This property was listed for sale on October 16, 2024 by American Dream R. E. Services, it's currently listed at $575,000. This listing's school district is South Whidbey School District. Nearby schools include South Whidbey Elementary, South Whidbey Middle School and South Whidbey High School. 5524 South Myrtle Avenue is a 0-bed, 0-bath, 0.71 ac of land on a 30,928 sq. ft. / 0.71 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of American Dream R. E. Services; Best Choice Realty

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.