Listing photo for 4200 Meridian, Bellingham, WA

4200 Meridian,

Bellingham, WA

$6,000,000

Listing Office: Saratoga Commercial R.e.
4.38 Acres

Bellingham Business Park currently has over 30 Tenants paying $52,750.00 per month in rent. This is a business park for tenants looking to pay economy rent for professional office and industrial spaces. The price is based on actual rent and expenses to find (NOI) and applying a 6.3 CAP rate. There is upside potential to increase rental income by filling the current vacancies.

Facts & Features
MLS® # 1504510
Price $6,000,000
Acres 4.38
Year Built 1975
Type Business/Commercial
Sub-Type Commercial
Status Active
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Commission
Buyer's Agent Commission 1.67
Community Information
Address 4200 Meridian
Area Bellingham
Subdivision Bellingham
City Bellingham
County Whatcom
State WA
Zip Code 98226
Amenities
Is Waterfront No
Has Pool No
Interior
Heating Forced Air
Fireplace No
Exterior
Roof Flat
Foundation Poured Concrete
Additional Information
Days on Market 9
Cumulative Days on Market 9
Days on Website 199
Zoning Business, Commercial, Industrial-Light
Short Sale No
RE / Bank Owned No
Listing Details
Office Saratoga Commercial R.e.
Photo of The Cascade Team Real Estate

The Cascade Team Real Estate

Office: 800.509.6905
Cell: 425-891-7447

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Listing information last updated on February 28th, 2020 at 4:30am PST.