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Listed by:Windermere RE Whatcom, Inc. • Hannah Cano
$ 1,299,999
Est. payment | /mo
6.66 Acres Lot
$ 1,299,999
Est. payment | /mo
6.66 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Bellingham
MLS Listing ID 2540127
Style 60 - Comm Bldg Und 10K
Lot Size 6.660 Acres
Property Sub-Type Commercial Industrial
Property Description
Income producing property with immediate value-add opportunity on beautiful 6.66 acre parcel. This property provides a stable income through four month-to-month leases while allowing for future upside through repositioning, redevelopment, or operational optimization. NOI is $57,500 and proforma NOI is $99,000. All tenants are under-market. Residential leases are month to month and the shop tenant has a lease through December 2026. Zoning is R5A.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Fireplace false
Building
Sewer Septic Tank
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
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