Listing Office: Saratoga Commercial R.E. Northwest Multiple Listing Service Logo

4781 Meridian St, Bellingham, WA

$2,900,000

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About 4781 Meridian St

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

Features of 4781 Meridian St

MLS® # 2168730
Price $2,900,000
Bathrooms 0.00
Acres 0.00
Type Commercial Sale
Sub-Type Commercial Industrial
Status Active

Community Information

Address 4781 Meridian St
Area 865 - Meridian
Subdivision Guide Meridian
City Bellingham
County Whatcom
State WA
Zip Code 98226

Amenities

Is Waterfront No

Interior

Fireplace No

Additional Information

Days on Market 58
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSaratoga Commercial R.E.

Listing Map

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