Listing Office: John L. Scott Bellingham Northwest Multiple Listing Service Logo

2010 Grandview Road, Ferndale, WA

$1,995,000

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9.70

Acres

About 2010 Grandview Road

Stable passive income and growth opportunity just off I-5. The Grandview Park consists of a 13,120 sq ft 8-bay bldg, leased office/apartment, and smaller office bldg. Total 14,946 sq ft. 9.7 acres (4 acres usable) - plenty of pad-ready land for more bldgs, or lease the land to businesses needing to park cars/trucks/storage. Current income and bldg footprint gives a 5.2% cap rate + extra 1.75 acres land for development or lease, pushing proforma cap rate to 7+%

Features of 2010 Grandview Road

MLS® # 2062970
Price $1,995,000
Bathrooms 0.00
Acres 9.70
Year Built 2009
Type Commercial Sale
Sub-Type Commercial Industrial
Status Pending Feasibility

Community Information

Address 2010 Grandview Road
Area 870 - Ferndale/Custer
Subdivision Ferndale
City Ferndale
County Whatcom
State WA
Zip Code 98248

Amenities

Parking Spaces 162
Is Waterfront No

Interior

Interior Features Concrete, Wall to Wall Carpet
Heating Forced Air
Cooling Forced Air
Fireplace No

Exterior

Exterior Features Metal/Vinyl, Wood Products
Foundation Poured Concrete

Additional Information

Days on Market 41
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeJohn L. Scott Bellingham

Listing Map

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