Bought with Brandon Nelson Partners
$302,500
$302,500
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2.42 Acres Lot
SOLD DATE : 08/23/2023
Key Details
Sold Price $302,500
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Roosevelt
MLS Listing ID 2127686
Sold Date 08/23/23
Style 61 - Comm Bldg Ovr 10K
HOA Fees $77/mo
Year Built 2022
Lot Size 2.420 Acres
Property Description
Fully leased through March 2026. Rented for $1,650 per month with 3% annual increases. Very attractive 6.5% cap rate. High-quality centrally located warehouse-condo within the Carolina Business Park. New steel construction with wood-framed interiors and dividing walls. Gated & secured entry. 1,302 SF unit (945 SF ground-floor plus 357 SF mezzanine space above). One entry-door, one 14' high Roll-Up Door. 14' clear-height (below mezzanine) allows for storage of large rec. vehicles. 3-Phase Power (125A, 120/208). Bathroom includes ADA shower. High-speed Internet, LED lighting, heated, insulated, sheet-rocked, and primed below mezzanine and inside bathroom. Fully sprinklered for fire protection and life safety. Light Industrial zoning.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Fireplace No
Exterior
Exterior Feature Metal/Vinyl
Roof Type Metal
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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