Bellingham WA Homes for Sale

Light Impact Industrial


MLS #: 28038507
Price: $334,500
Status: Active
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Address:
5411 Guide Meridian
Bellingham, WA 98225
Neighborhood: Meridian
Type: Commercial for Sale
Floors: Single Story
Parking/Garage: Carport
Bedrooms: 5
Square Feet: 1700+/-
Lot Size: 100 X 210
Year Built: 1965

Description:

Light Impact Idustrial Zoning, priced at $16.00 a sq ft, 10.2 cap rate! 20,000 cars per day exposure. Seller states $3300 to $3600 per month rental income from transition housing operation. Assume current use for qualified buyer. Or property well suited to many uses with flexible zoning classification, benefiting from high visibility and very high traffic count. IMMEDIATELY IN THE PATH OF PROGRESS. Top investment opportunity.

Light Impact Industrial: Surrounded by New Development
High Visibility: 20,000 cars per day traffic count!
Road improvement nearly complete.: Easy access from major arterial.
Top income currently.: 10.6 cap rate!

Interior Features: 
Appliances Disability Features
Fireplace Laundry Room
Main Floor Bathroom Main Floor Bedroom

Exterior Features: 
Fenced Yard

Community Features: 
On-site Laundry Parking Lot
Jan Hamilton, ABR, GRI, CBA, CRS