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For more information on this listing, please contact...
Lloyd's Inc Realtors
509-525-4110
800-962-8095
Email
Description
Beautifully remodeled, upscale mixed use building in the heart of Lynden! Featuring three, 1400 SqFt townhomes each with 3 bedrooms and a rental income of $2595 each. The remaining building is 8775 SqFt of commercial use that is all rented by four different tenants. Building is in excellent condition with good off-street parking. Call to set up a showing!
  • Listing #:
    • 2185432
  • Price:
    • $2,655,000
  • Status:
    • Active
  • Type:
    • Comm Bldg Ovr 10K
  • # of Acres:
    • 0.48
  • Year Built:
    • 2006
  • Address:
    • 211 Grover Street
  • City:
    • Lynden
  • County:
    • Whatcom
  • State:
    • WA
  • Zip:
    • 98264
  • CDOM:
    • 1
  • Building Features:
    • - Disabled Access
  • Cap Rate:
    • - 5.67
  • Cooling Y/N:
    • - Yes
  • Electric Expense:
    • - 7077
  • Exterior Features:
    • - Metal/Vinyl
    • - Stone
    • - Wood
  • :
    • - Level
  • Foundation Details:
    • - Poured Concrete
  • Fuel Expense:
    • - $4,748.00
  • Gross Scheduled Income:
    • - $209,220.00
  • Heating Y/N:
    • - Yes
  • Insurance Expense:
    • - $7,058.00
  • Interior Features:
    • - Ceramic Tile
    • - Concrete
    • - Laminate
  • Lot Size Dimensions:
    • - 140X150
  • Net Operating Income:
    • - $155,721.00
  • Approx. Building Sq.Ft.:
    • - 11,083.00
  • Approx. Office Sq.Ft.:
    • - 12,975.00
  • Approx. Warehouse/Manufacturing Sq.Ft.:
    • - 1,892.00
  • Gross Adjusted Income:
    • - 209220
  • Gross Rent Multiplier:
    • - 13.1
  • Improvements Assessed Value:
    • - 1754157
  • Land Assessed Value:
    • - 522009
  • Power Company:
    • - Puget Sound Energy
  • Sewer Company:
    • - City of Lynden
  • Style Code:
    • - 61 - Comm Bldg Ovr 10K
  • Total Assessed Value:
    • - 2276166
  • Total Expenses:
    • - 53499
  • Total Sq. Ft. Rented:
    • - 12975
  • Water Company:
    • - City of Lynden
  • Water Sewer Garbage:
    • - 4375
  • Zoning Class:
    • - Commercial
  • Zoning Jurisdiction:
    • - City
  • Other Expense:
    • - 11652
  • Parcel Number:
    • - 4003203473590000
  • Possible Use:
    • - Commercial
  • Property Condition:
    • - Very Good
  • Structure Type:
    • - Unspecified
  • Annual Tax Amount:
    • - $18,589.00
  • Tax Year:
    • - 2023
  • Total Actual Rent:
    • - 17435
  • Water Source:
    • - Public

For more information on this listing, please contact...
Lloyd's Inc Realtors
509-525-4110
800-962-8095
Email

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