1842 Front St

    Lynden, WA 98264
    • $700,000
    • STATUS: Active
    • ON SITE: 218 days
    • ID#: 1219351
    UPDATED: 48 min ago
    $700,000
    • 0
      BEDS
    • 1.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1978
    County:
    Area:

    School Ratings & Info

    Listing Courtesy of Windermere Real Estate Whatcom.

    Description

    Turn-key investment opportunity in Lynden, WA. This is a great retail building on Front St across from the Lynden Fair Grounds. Currently leased by 4 tenants with 1 vacancy. The property is a 8.61% cap based on a modest proforma. 5.46% cap based on actuals with one vacancy of approximately 4,359 SQ FT.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-06-23T20:16:42.063.

    www.nwhomeexperts.com/homes/78807571

    1842 Front St Lynden, WA 98264

    • Price: $700,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: 1219351
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.44
    Acres
    1978
    Built
    Neighborhood:
    Lynden
    County:
    Whatcom
    Area:
    Lynden
    Property Description
    Turn-key investment opportunity in Lynden, WA. This is a great retail building on Front St across from the Lynden Fair Grounds. Currently leased by 4 tenants with 1 vacancy. The property is a 8.61% cap based on a modest proforma. 5.46% cap based on actuals with one vacancy of approximately 4,359 SQ FT.
    Exterior Features

    Building Condition Good Exterior Metal/Vinyl Foundation Slab Lot Depth 0 Roof Metal Site Frontage 169 Style 61 - Comm Bldg Ovr 10K Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 0 Waterfront Footage 0

    Interior Features

    Building Sq Ft 11945 Office Sq Ft 11945 Total Sq Ft Rented 0

    Property Features

    Assessed Value Improvements 0 Assessed Value Land 0 Assessed Value Total 0 Assessed Value Year 0 Available Pads 0 Bank Owned No Boundary Survey 8.61 Cap Rate Y Electrical Expenses 0 Energy Source ElectricOil EPSEnergy 0 Form17 Provided General Zoning Classification BusinessCommercialMulti-FamilyOfficeRetail Gross Adjusted Income 81635 Gross Rent Multiplier 8 Gross Scheduled Income 85932 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1867 Net Operating Income 55942 Other Expenses 7538 Possession Closing Power Company Pse Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company City Of Lynden Tax Amount 5891 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 20632 Total Expenses TEX 20632 Total Monthly Rent 7161 Vacancy Rate 5 Water Company City Of Lynden Water Sewer Garbage 5366 Water Source Private Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by NW Home Experts and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-06-23T20:16:42.063.

     
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    Listing Courtesy of Windermere Real Estate Whatcom.