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$749,000 New For Sale

3201 Northwest Ave
Bellingham, WA 98225


3,641 sq ft;
lot: 15878 sq ft lot
Commercial: Commercial - MLS# 1409160
Property Photo
1/25

Description

Great income producing property with long-term tenants - all but 3 tenants have been there since at least 2008. Building is 3641 and fully rented. Lots of off-street parking. Tenants pay their utilities above rent. Building has been well-maintained. New roof in 2017. Located on busy arterial with convenient I-5 access. Many nearby business' and amenities help draw traffic and customers.

Features

  • Approximate Office Square Feet: 3641
  • Area: Columbia
  • Area Number: 860
  • Building Condition: Good
  • Cap Rate -NOI div LP: 7.10
  • County/Area: Whatcom County
  • Description Unit 1: 1
  • Description Unit 2: 2
  • Description Unit 3: 3
  • Description Unit 4: 4-6
  • Description Unit 5: 7
  • Description Unit 6: 8-9
  • Energy Source(heat): Natural Gas
  • Expansion Area: Yes
  • Exterior: Brick, Wood
  • Features: J
  • Floor Covering: Ceramic Tile, Concrete, Vinyl, Wall to Wall Carpet
  • Foundation: Slab
  • General Zoning Classification: C
  • Gross Scheduled Income: $62148
  • Heating/Cooling: Forced Air
  • Insurance Expenses: $2725
  • Lease Expiration Unit 1: 1800-01-01 00:00:00
  • Lease Expiration Unit 2: 1800-01-01 00:00:00
  • Lease Expiration Unit 3: 1800-01-01 00:00:00
  • Lease Expiration Unit 4: 1800-01-01 00:00:00
  • Lease Expiration Unit 5: 1800-01-01 00:00:00
  • Lease Expiration Unit 6: 1800-01-01 00:00:00
  • Listing Status: Active
  • Lot Dimensions: 109 x 100 x 58 x 80 x 150
  • Lot Number: 2
  • Lot Size: 0.3645
  • Net Operating Costs: 54194
  • Power Company: Pse
  • Property Type: Commercial
  • Rent Unit 1: $610
  • Rent Unit 2: $499
  • Rent Unit 3: $750
  • Rent Unit 4: $1875
  • Rent Unit 5: $425
  • Rent Unit 6: $1020
  • Sewer: Sewer Connected
  • Sewer Company: City
  • Sq.Ft.: 3641
  • Sub Type: Commercial
  • Topography: I
  • Total Monthly Rent: $5179
  • Total Square Feet Rented: $3641
  • Total Uncovered Parking: 21
  • Type of Use Unit 1: Record Sales
  • Type of Use Unit 3: Nail Salon
  • Type of Use Unit 4: Pawn
  • Type of Use Unit 5: Audio
  • Type of Use Unit 6: Audio
  • Water Company: City
  • Water Source: Public
  • Water/Sewer/Garbage: 1200
  • Year Built: 1946
  • Zip Code: 98225
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than RE/MAX Whatcom County, Inc. are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-06-16

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