Here's your chance to own a piece of historic downtown Fairhaven. 8 street-level commercial/retail condos split between the Waldron & Young Buildings encompassing Finnegan's Alley. Multiple addresses. 100% occupied. Total 19,820 sq feet with 14,275 rentable. All leases include escalations and are NNN. All #s are actual, not pro-forma. 6.75% cap rate. View units with discretion only. Do not disturb tenants. Sale also includes some underground parking rights. Potential to assume underlying mortgage at 4.125% if desired.
MLS# | 2341185 |
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Listing Type | For Sale |
Style | Commercial |
HOA Dues | $1 |
Sub-Type | Resale |
Status | Active |
Year | 2008 |
Days On Site | 44 |
Listing Provided By | John L. Scott Bellingham | Patrick Starr |
Zoning | Business,Commercial,Office,Retai |
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Acreage | 0.33 |
State | WA |
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County | Whatcom |
City | Bellingham |
Zip Code | 98225 |
Area | 860 Bellingham |
Community Name | Fairhaven |
Listing VS Median (In Fairhaven) | |
Price: $4,413,500 low | high Med: $695,000 On site: 44 low | high Med: 24.000000 |