164 W Smith Road, Bellingham, WA 98226
- $4,000,000
Listing courtesy of Muljat Group.
- List Price
- $4,000,000
- Status
- ACTIVE
- MLS#
- 2174911
- Days on Market
- 199
- Annual Tax Ammount
- 9224.41
Property Description
Industrial property centrally located between Bellingham, Ferndale, and Lynden. Easy access to the Canadian Boarder or Interstate via well-traveled Guide Meridian (SR539). The property, over 12 acres in total, features industrial/shop space, office space re-built this year, exterior storage including silo storage, and large yard area. Zoned Rural Industrial and Manufacturing by Whatcom County. New 5-year lease in place; 6.5% Cap Rate.
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Additional Information
- Community
- Guide Meridian
- Style
- 61 - Comm Bldg Ovr 10K
- Year Built
- 1970
- Tax Year
- 2023
- Potential Terms
- Cash Out, Conventional
- Driving Directions
- From Guide Meridian, turn west onto W Smith Rd, property is on the right.
- Buyer Agency Compensation
- 2.5
- Net Operating Income
- $261,413
- Gross Adjusted Income
- $272,460
- Gross Scheduled Income
- $286,800
- Cap Rate
- 6.54
- Vacancy Rate
- 5
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