120 W Smith Road, Bellingham, WA 98226
- $686,000
Listing courtesy of RE/MAX Whatcom County, Inc.. Selling Office: Coldwell Banker Bain.
- Sold Price
- $686,000
- List Price
- $725,000
- Status
- SOLD
- MLS#
- 1370312
- Closing Date
- Sep 20, 2019
- Days on Market
- 446
- Annual Tax Ammount
- 3255
Property Description
NEW ANCHOR TENANT 7.6% ACTUAL CAP RATE! 1.8 acre commercial zoned property in prime location. This diverse property has many potential income streams- Office, Shop, Storage, Parking. Property features 7 spaces totaling 9,867 sq ft + 2 Fenced Yards. Potential to house multiple small businesses, one large business, and/or shop/storage rentals. Yards bring in addtl income as R/V, Boat, Auto, Semi truck, Equipment storage, or utilize for business operations.
/u.realgeeks.media/rbosold/ben_kinney.jpg)
Additional Information
- Community
- Guide Meridian
- Style
- 60 - Comm Bldg Und 10K
- Roof
- Composition, Metal
- Tax Year
- 2018
- Potential Terms
- Cash Out, Conventional
- Interior Features
- Concrete
- Flooring
- Concrete, Vinyl
- Driving Directions
- From Bellingham go north on Guide Meridian, left on W. Smith Rd. Property is on the immediate right just past the corner.
- Electric Expenses
- 70
- Net Operating Income
- $55,179
- Gross Scheduled Income
- $61,554
- Water/Sewer/Garbage Expenses
- $90
- Cap Rate
- 7.6
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .