168 Birch Bay Lynden Rd $1,625,000

    Close

    168 Birch Bay Lynden Rd Lynden, WA 98264

    • 0.88 Acres
    • Commercial/Industrial
    Listing# 1241149 | Active

    $1,625,000

    Request Info
    Days On Market: 438 23 Views
    Add to Favorites Share

    Go Tour This Home

    Schedule A Showing

    Property Details

    Very nice newer commercial building that is leased to Wisers Furniture. 20,116 square foot building on a 38,333 square foot lot on Birch Bay Lynden Road just off the Guide Meridian. A great and booming area of Lynden. Own a building with a great long term tenant. Net operating income right now is just under $100,000 per year, which is just under a 6% cap rate. Show with discretion.

    • General Features
      • County Whatcom
      • Zoning Class Commercial
      • Zoning Jurisdiction City
      • Style 60-Comm Bldg Und 10K
      • Approx Building SqFt 20,116
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 0
      • Total Uncovered Parking 0
      • Total Covered Parking 0
    • Building Features
      • Exterior Metal/Vinyl
      • Foundation Poured Concrete
      • Roof Flat
      • Floor Covering Concrete
      • Heating and Cooling Forced Air
      • Loading 1-3 Bays
    • Property Features
      • Lot Square Footage 38,333
      • Depth of Lot 254
      • Site Frontage 0
      • Water-Sewer-Garbage 0
      • Sewer Sewer Connected
      • Sewer Company City of Lynden
      • Energy Source Natural Gas
      • Power Company Puget Sound Energy
      • Number of Available Pads 0
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 20,116
      • Total Monthly Rent $10,000
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 5.94
      • Gross Scheduled Income $0
      • Gross Adjusted Income $0
      • Total Expenses $0
      • NOI $104,000
      • Electrical Expenses $0
      • Tax Expense $12,198
      • Heating Expense $0
      • Insurance Expense $0
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2017

    Contact

    Bryant Davis

    Sales Associate

    RE/MAX WHATCOM COUNTY, INC.

    Direct: 360-815-1262

    Neighborhood

    98264 (Lynden) Demographics

    38Median Age
    350Population Density (per sq. mile)
    35%College Educated
    $61,421 Estimated Median Income
    5,308Estimated Total Home Owners
    1,934Estimated Total Renters
    73% / 27%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    19,932Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $380,000 Median Sales Price
    31 Homes Sold
    30 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,625,000
        3/15/2019 4:01:05 PM Price Reduced Source New Value: $1,625,000 -7.14%
        2/5/2018 1:04:00 PM New in Database Source New Value: $1,750,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment

        This property search is part of the RE/MAX Pacific Northwest website. Listing information is courtesy of the WA-NWMLS and RE/MAX Pacific Northwest. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.