Listing #:
- 2174911
- Price:
- $4,000,000
- Status:
- Active
- Property Type:
- Commercial
- Type:
- Comm Bldg Ovr 10K
- # of Acres:
- 12.04
- Year Built:
- 1970
- Comm/Assn:
- Guide Meridian
- City:
- Bellingham
- County:
- Whatcom
- State:
- WA
- Zip:
- 98226
- Right of 1st Refusal:
- No
QR Code
Description
Industrial Property Centrally Located Between Bellingham, Ferndale, And Lynden. Easy Access To The Canadian Boarder Or Interstate Via Well-traveled Guide Meridian (sr539). The Property, Over 12 Acres In Total, Features Industrial/shop Space, Office Space Re-built This Year, Exterior Storage Including Silo Storage, And Large Yard Area. Zoned Rural Industrial And Manufacturing By Whatcom County. New 5-year Lease In Place; 6.5% Cap Rate.
Property Features
- Building Features:
- - Storage
- Cap Rate:
- - 6.54
- Gross Scheduled Income:
- - $286,800.00
- Net Operating Income:
- - $261,413.00
- Approx. Building Sq.Ft.:
- - 33,804.00
- Approx. Office Sq.Ft.:
- - 3,464.00
- Approx. Warehouse/Manufacturing Sq.Ft.:
- - 24,620.00
- Gross Adjusted Income:
- - 272460
- Gross Rent Multiplier:
- - 13.94
- Style Code:
- - 61 - Comm Bldg Ovr 10K
- Vacancy Rate:
- - 5
- Zoning Class:
- - Commercial
- - Industrial
- Zoning Jurisdiction:
- - County
- Parcel Number:
- - 3902254590790000
- Possible Use:
- - Commercial
- - Industrial
- :
- - Septic Tank
- Structure Type:
- - Unspecified
- Annual Tax Amount:
- - $9,224.41
- Tax Year:
- - 2023
- Water Source:
- - Shares
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