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$725,000 For Sale

120 W Smith Rd
Bellingham, WA 98226


9,867 sq ft;
lot: 1.88 acres
Commercial: Commercial - MLS# 1370312
Property Photo
1/25

Description

1.8 acre commercial zoned property in prime location. 8% Cap Rate! This diverse property has many potential income streams- Office, Shop, Storage, Parking. Property features 7 separate spaces totaling 9,867 sq ft + 2 Fenced Yards (36,700 sq ft total). Property has the potential to house multiple small businesses, one large business, and/or storage rentals. Yards bring in additional income as R/V, Boat, Auto, Semi truck, and/or Equipment storage, or utilize for business operations.

Features

  • Area: Guide Meridian
  • Area Number: 865
  • Cap Rate -NOI div LP: 8.90
  • County/Area: Whatcom County
  • Depth of Lot: 325
  • Description Unit 1: Unit 1 Proforma
  • Description Unit 2: Unit 2 Proforma
  • Description Unit 3: Unit 3 Proforma
  • Description Unit 4: Unit 4 Proforma
  • Description Unit 5: Unit 5 Proforma
  • Description Unit 6: Unit 6 Proforma
  • Energy Source(heat): Electric
  • Exterior: Wood Products
  • Features: C|g
  • Floor Covering: Concrete, Vinyl
  • Foundation: Slab
  • General Zoning Classification: B|c|k
  • Gross Adjusted Income: $74700
  • Gross Scheduled Income: $74700
  • Heating/Cooling: Baseboard, Insert
  • Insurance Expenses: $100
  • Lease Expiration Unit 1: 1800-01-01 00:00:00
  • Lease Expiration Unit 2: 1800-01-01 00:00:00
  • Lease Expiration Unit 3: 1800-01-01 00:00:00
  • Lease Expiration Unit 4: 1800-01-01 00:00:00
  • Lease Expiration Unit 5: 1800-01-01 00:00:00
  • Lease Expiration Unit 6: 1800-01-01 00:00:00
  • Listing Status: Active
  • Lot Dimensions: 325'x205'
  • Lot Number: 1
  • Lot Size: 1.8800
  • Net Operating Costs: 64532
  • Other Expenses: $6723
  • Power Company: Pse
  • Property Type: Commercial
  • Rent Unit 1: $1100
  • Rent Unit 2: $350
  • Rent Unit 3: $490
  • Rent Unit 4: $550
  • Rent Unit 5: $600
  • Rent Unit 6: $735
  • Roof: Composition, Metal
  • Sewer: Septic
  • Site Frontage: 205
  • Sq.Ft.: 9867
  • Square Feet Unit 1: 3005
  • Square Feet Unit 2: 700
  • Square Feet Unit 3: 720
  • Square Feet Unit 4: 792
  • Square Feet Unit 5: 1800
  • Square Feet Unit 6: 1050
  • Sub Type: Commercial
  • Topography: I
  • Total Expenses: $10168, $10168
  • Total Monthly Rent: $6225
  • Total Square Feet Rented: $9867
  • Type of Use Unit 1: Storage
  • Type of Use Unit 2: Shop/Storage
  • Type of Use Unit 3: Office & Shop
  • Type of Use Unit 4: Office & Shop
  • Type of Use Unit 5: Shop/Storage
  • Type of Use Unit 6: Shop/Storage
  • Water Company: Deer Creek Water Association
  • Water Source: Private
  • Water/Sewer/Garbage: 90
  • Zip Code: 98226
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Real estate listings held by brokerage firms other than RE/MAX are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-02-21

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