- Listing #:
- 2185432
- Price:
- $2,655,000
- Status:
- Active
- Property Type:
- Commercial
- Type:
- Comm Bldg Ovr 10K
- # of Acres:
- 0.48
- Year Built:
- 2006
- Comm/Assn:
- Lynden
- City:
- Lynden
- County:
- Whatcom
- State:
- WA
- Zip:
- 98264
- Right of 1st Refusal:
- No
QR Code
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!
Property Features
- 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