4229 Guide Meridian St $3,000,000

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    4229 Guide Meridian St Bellingham, WA 98226

    • 1.82 Acres
    • Commercial/Industrial
    Listing# 1003580 | Active

    $3,000,000

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    Days On Market: 995 26 Views
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    Property Details

    Well located, multi-tenant Guide Meridian property with solid anchor tenant is now available. The building is an excellent investor opportunity. Room for expansion to existing buildings or renovations plans are available. New roof and new paint recently completed. The mattress store recently signed a new 10-year corporate lease, and accounts for over 60% of the income.

    • General Features
      • County Whatcom
      • Zoning Class Commercial
      • Zoning Jurisdiction City
      • Style 61-Comm Bldg Ovr 10K
      • Approx Building SqFt 21,560
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 0
      • Total Uncovered Parking 0
      • Total Covered Parking 0
    • Building Features
      • Exterior Cement/Concrete
      • Foundation Poured Concrete
      • Roof Built-Up, Metal
      • Loading 1-3 Bays
    • Property Features
      • Lot Square Footage 79,135
      • Depth of Lot 0
      • Site Frontage 0
      • Water-Sewer-Garbage 0
      • Sewer Sewer Connected
      • Number of Available Pads 0
    • Financials
      • Vacancy Rate 4
      • Total SqFt Rented 18,000
      • Total Monthly Rent $0
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 6.5
      • Gross Scheduled Income $212,760
      • Gross Adjusted Income $204,250
      • Total Expenses $4,752
      • NOI $199,498
      • Electrical Expenses $0
      • Tax Expense $15,595
      • Heating Expense $0
      • Insurance Expense $0
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2016

    Contact

    Bryant Davis

    Sales Associate

    RE/MAX WHATCOM COUNTY, INC.

    Direct: 360-815-1262

    Neighborhood

    98226 (Bellingham) Demographics

    39Median Age
    389Population Density (per sq. mile)
    43%College Educated
    $56,280 Estimated Median Income
    10,274Estimated Total Home Owners
    6,020Estimated Total Renters
    63% / 37%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    41,740Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $377,000 Median Sales Price
    57 Homes Sold
    69 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,000,000
        7/28/2016 3:33:00 PM New in Database Source

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        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.