- Listing #:
- 2141557
- Price:
- $3,100,000
- Status:
- Active
- Property Type:
- Commercial
- Type:
- Industrial
- # of Acres:
- 1.56
- Year Built:
- 1993
- Comm/Assn:
- Ferndale
- City:
- Ferndale
- County:
- Whatcom
- State:
- WA
- Zip:
- 98248
- Right of 1st Refusal:
- No
QR Code
Description
The building is located on the corner of Slater Rd and LaBounty Dr. The building is a maintained industrial flex facility that was constructed in 1993 and features concrete, and tilt-up exterior walls and is located in a growing area of Labounty. Currently occupied by 2 long-term tenants with 6 roll-ups of 12+ doors. The subject has had a new roll roof and windows plus new paint in the last couple of years. Over half an acre of paved parking area.
Property Features
- Cap Rate:
- - 4
- Exterior Features:
- - Tilt-Up
- :
- - Level
- Foundation Details:
- - Poured Concrete
- Gross Scheduled Income:
- - $175,200.00
- Heating Y/N:
- - Yes
- Insurance Expense:
- - $7,846.00
- Interior Features:
- - Concrete
- Lot Size Dimensions:
- - 259X249
- Net Operating Income:
- - $130,595.00
- Approx. Building Sq.Ft.:
- - 18,630.00
- Approx. Office Sq.Ft.:
- - 6,000.00
- Block:
- - 9
- Boundary Survey:
- - false
- Construction Methods:
- - Tilt-up
- Depth Of Lot:
- - 248
- Environmental Survey:
- - false
- Free And Clear:
- - true
- Gross Adjusted Income:
- - 130595
- Improvements Assessed Value:
- - 1469552
- Land Assessed Value:
- - 314754
- Loading:
- - 10'-15' Doors
- Parking Uncovered Total:
- - 30
- Power Company:
- - PSE
- Sewer Company:
- - City of Ferndale
- Site Frontage:
- - 259
- Style Code:
- - 70 - Industrial
- Total Assessed Value:
- - 1784306
- Total Expenses:
- - 44605
- Total Sq. Ft. Rented:
- - 21630
- Water Company:
- - City of Ferndale
- Water Sewer Garbage:
- - 22251
- Zoning Class:
- - Commercial
- - Industrial
- - Industrial-Light
- Zoning Jurisdiction:
- - City
- Parcel Number:
- - 380204240530
- Possible Use:
- - Commercial
- - Industrial
- Property Condition:
- - Good
- Structure Type:
- - Industrial
- Annual Tax Amount:
- - $14,508.00
- Tax Year:
- - 2023
- Total Actual Rent:
- - 14800
- Water Source:
- - Public