Property Details
4041 Bakerview Spur Road
Bellingham, WA 98226
$2,800,000
Pending
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Property Overview
Discover a rare opportunity to own a one-of-a-kind commercial property in the heart of Bellingham, fully leased. Located in the Iron Gate area this property combines strategic location with a turnkey business operation, providing immediate income with fully leased space. Includes two legal parcels. A large 14,626 warehouse that includes 7 bays sits on almost an acre. Second parcel is .50 acres and has a 1920 sq foot building and fenced in parking lot. This well-established company has built a solid reputation for expertise and reliability in the industry, offering a seamless transition for new ownership.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Pending
County
Whatcom
Neighborhood
Irongate
Listed
Aug 9, 2024
Financial Summary
Net Operating Income
$85,100
Gross Scheduled Income
$125,190
Total Expenses
$40,090
Total Actual Rent
$10,037/mo
Building & Use
Building Sq Ft
16,546
Total Units
5
Sq Ft Rented
16,546
Zoning
Commercial
Possible Use
Commercial
Lot Size
1.36 acres
Year Built
1999
Exterior & Lot
Lot Size
1.36 sqft
Year Built
1999
Exterior Materials
Metal/Vinyl
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Metal/Vinyl
Location
City
Bellingham
County
Whatcom
Coordinates
48.78832, -122.44843
Additional Information
Tax Year
2024
Annual Taxes
$20,525
Possession
Array
