Bought with Pacific Continental Realty LLC
$2,750,000
$2,600,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
4654 4666 Guide Meridian Bellingham, WA 98226
9.3 Acres Lot
Key Details
Sold Price $2,750,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Bellingham
MLS Listing ID 1987655
Sold Date 11/14/22
Style 61 - Comm Bldg Ovr 10K
Year Built 1977
Annual Tax Amount $17,550
Lot Size 9.300 Acres
Property Sub-Type Commercial Industrial
Property Description
Two industrial buildings totaling 41k sq ft on 9.3 acres zoned light industrial. 23,400 sq ft building is fully leased to a national tenant with 9 years remaining on lease at $16,182 per month. 18,000 sq ft building is vacant and available for lease. Actual cap is 5.6% with huge upside to substantially increase the cap well over 10% upon leasing the vacant 18k sq ft. Both buildings are sprinkled with 2k plus KVA of 480 volt 3 phase power, and shared commercial onsite septic. Additional land for future building or laydown. Two separate tax parcels 3803060632140000 & 3803060842080000
Location
State WA
County Whatcom
Area 865 - Meridian
Interior
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
Utilities Available Septic System, Electric
Building
Sewer Septic Tank
Water Public
Others
Senior Community No
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