4781 Meridian St is a $2,900,000 home located in Bellingham, WA.
This property is an excellent investment opportunity with a working storefront. The property has the benefit of TWO curb cutouts, 336 Feet of frontage, up to date septic, and water rights to Deer Creek Water association. New ownership would have the opportunity to work in the front of the property and live in the rear! There are 7 leasable buildings onsite. This includes 3 RESIDENTIAL dwellings, 2 shop spaces, 1 “barn”, and a showroom. All spaces are either owner user or currently on MTM leases Current market gross rent is $170,000 annually Current Cap rate at 5.5% Property would be perfect for an industrial redevelopment in the future
Exterior Features | Negotiable Industrial Bank Or REO None |
Sewer | Septic Tank |
Property Type | Commercial Sale |
Property Sub Type | Commercial Industrial |
Style | Industrial |
HOA Fee | $0.00 |
Taxes | $13,230.00 |
County | whatcom |
Neighborhood | Guide Meridian |
Based on information from the Northwest Multiple Listing Service (NWMLS), last updated
12/01/2023 at 04:00pm MST. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website. Disclaimer: The information contained in this listing has not been verified by John L Scott | Jason Randall and should be verified by the buyer. See full DMCA disclaimer