Property Details
121 Riverwalk Drive
Lynden, WA 98264
$1,100,000
Active
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Property Overview
24 Unit Storage building one block from downtown Lynden in the heart of the Riverwalk community. Twelve 319' units with 13'8" overhead doors and twelve 88' units. Here is a low maintenance investment opportunity close to town and easily rented.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Whatcom
Neighborhood
Lynden
Listed
Jun 19, 2026
Parcel Number
4003203772900000
Tax & HOA
Annual Property Tax
$3,021 (2026)
Est. Monthly Tax
$252/mo
HOA Fee
$3,600/annually
Financial Summary
Cap Rate
5.60%
Net Operating Income
$60,840
Gross Scheduled Income
$79,200
Gross Rent Multiplier
13.89
Total Expenses
$18,360
Total Actual Rent
$6,600/mo
Building & Use
Total Units
2
Sq Ft Rented
4,884
Zoning
Residential
Possible Use
Residential
Year Built
1989
Exterior & Lot
Lot Size
0.27 sqft
Year Built
1989
Exterior Materials
Metal/Vinyl, Stone, Wood
Exterior Features
Metal/Vinyl, Stone, Wood Products
Community & Access
Directions
Use your GPS.
Location
City
Lynden
County
Whatcom
Coordinates
48.94239, -122.44947
Additional Information
Tax Year
2026
Annual Taxes
$3,021
Possession
Array
Based on information submitted to the MLS GRID as of July 17, 2026 12:30 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX 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. Copyright 2026 NWMLS. All rights reserved.
IDX 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. Copyright 2026 NWMLS. All rights reserved.
