Skip To Content

1897 Front Street , Abc

Lynden, WA 98264
  • $1,750,000
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: 1939450
UPDATED: 48 min ago
$1,750,000
  • 0
    BEDS
  • 0.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2005
County:
Area:

School Ratings & Info

Northwest MLS logoListing Courtesy of Windermere Real Estate Whatcom.

Description

Fantastic investment opportunity with a good mix of tenants making this a great low risk property to either add to your portfolio or as a start in investing in real estate. This well kept 10,700 sf bldg includes 5,200 sf of mini storage, 1,600 sf of office, & a 3,800 sf upper floor area leased to a well established dance studio. Plenty of parking for the exist users. The mini storage area consists of 40-5'x5' units renting at $40/mo ea, 40-5'x10' units renting at $60/mo ea, and 4-10'x10' & 4-10'x15' units renting for a total of $4,880/mo. These rents are well under market rates by as much as half or more as compared to the competition on the Guide Meridian. The office & dance tenants have been in place long term and have no plans to vacate.

Monthly Payment Calculator



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 2022-06-25T22:15:51.48.

www.nwhomeexperts.com/homes/129035561
Print Image

1897 Front Street , Abc Lynden, WA 98264

  • Price: $1,750,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 48 min ago
  • ID#: 1939450
0
Beds
0
Baths
0
½ Baths
0.53
Acres
2005
Built
Neighborhood:
Lynden
County:
Whatcom
Area:
Lynden
Property Description
Fantastic investment opportunity with a good mix of tenants making this a great low risk property to either add to your portfolio or as a start in investing in real estate. This well kept 10,700 sf bldg includes 5,200 sf of mini storage, 1,600 sf of office, & a 3,800 sf upper floor area leased to a well established dance studio. Plenty of parking for the exist users. The mini storage area consists of 40-5'x5' units renting at $40/mo ea, 40-5'x10' units renting at $60/mo ea, and 4-10'x10' & 4-10'x15' units renting for a total of $4,880/mo. These rents are well under market rates by as much as half or more as compared to the competition on the Guide Meridian. The office & dance tenants have been in place long term and have no plans to vacate.
Exterior Features

Carport YN No Exterior Features Metal/VinylStoneWood Open Parking YN No Parking Total 0 Roof Composition Structure Type Unspecified Style Code 61 - Comm Bldg Ovr 10K

Interior Features

Building Area Total 0 Fireplace YN No Flooring ConcreteVinylCarpet Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Forced AirConcreteWall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Energy Source ElectricNatural Gas FIRPTAYN No Foundation Details Slab Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 4 Net Operating Income 87520 Possession Closing Possible Use BusinessCommercialMulti-FamilyOfficeResidentialRetail Power Company Pse Power Production Type ElectricNatural Gas Property Condition Very Good Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company City Of Lynden Special Listing Conditions None Tax Annual Amount 4000 Tax Year 2022 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Company City Of Lynden Water Source Public Zoning Class BusinessCommercialMulti-FamilyOfficeResidentialRetail Zoning Jurisdiction City

Listing information © 2022 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 2022-06-25T22:15:51.48.

 
https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_1939450-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_1939450-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_1_1939450-1.jpg
Logo
NW Home Experts
2211 Elliott Avenue Suite 200
Seattle WA, 98121
Northwest MLS logoListing Courtesy of Windermere Real Estate Whatcom.