Bought with ZNonMember-Office-MLS
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Key Details
Sold Price $1,550,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Ferndale
MLS Listing ID 1252764
Sold Date 03/15/19
Style 70 - Industrial
Year Built 2008
Annual Tax Amount $15,909
Property Description
According to co-star, over the last five years, the Whatcom County industrial real estate market has seen a 21% rise in lease rates and a vacancy rate drop by 6%.
!THE INDUSTRIAL MARKET IS WHITE HOT!
This is an opportunity to own a 7 Cap Industrial Retail Investment with an NOI of $112,976 in an uphill market.
This property is GREAT for OWNER OCCUPIERS as well!
Location
State WA
County Whatcom
Area 870 - Ferndale/Custer
Interior
Interior Features Forced Air, Concrete
Flooring Concrete
Fireplace No
Exterior
Exterior Feature Metal/Vinyl, Stone
Utilities Available Electric, Natural Gas Connected
Roof Type Metal
Building
Water Public
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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