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4200 Meridian Street

Bellingham, WA 98225
  • $7,200,000
  • STATUS: Active
  • ON SITE: 226 days
  • ID#: 1685577
$7,200,000
  • 0
    BEDS
  • 4.91
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1977
County:
Area:

School Ratings & Info

Listing Courtesy of Saratoga Commercial R.E..

Description

The 4.9 acre site is prime for redevelopment with a general commercial zone that supports dense development as estimated at 356 units (consultant report attached). Basic plans have been reviewed by the City of Bellingham in a permit pre-application meeting. Design, traffic study and soil seports attached. The site currently consists of six buildings and over 30 short and mid term tenants that will provide over $357K NOI until construction commences

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Simmi Real Estate | Keller Williams Eastside are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-18T00:15:58.26.

www.simmirealestate.com/homes/111580527
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4200 Meridian Street Bellingham, WA 98225

  • Price: $7,200,000
  • Status: Active
  • ID#: 1685577
0
Beds
0
Baths
0
½ Baths
4.91
Acres
1977
Built
Neighborhood:
Bellingham
County:
Whatcom
Area:
Bellingham
Property Description
The 4.9 acre site is prime for redevelopment with a general commercial zone that supports dense development as estimated at 356 units (consultant report attached). Basic plans have been reviewed by the City of Bellingham in a permit pre-application meeting. Design, traffic study and soil seports attached. The site currently consists of six buildings and over 30 short and mid term tenants that will provide over $357K NOI until construction commences
Exterior Features

Carport YN No Covered Spaces 373 Exterior Features Cement/ConcreteMetal/VinylStuccoWood Foundation Details Poured Concrete Open Parking YN No Parking Total 373 Roof Flat Site Frontage 300 Structure Type Unspecified Style Code 61 - Comm Bldg Ovr 10K Topography Level

Interior Features

Fireplace YN No Flooring ConcreteCarpet Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Concrete

Property Features

Building Features Disabled AccessSignage Included Electric On Property YN No Expansion Area False First Right Of Refusal False Gross Scheduled Income 567000 Insurance Expense 19900 Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 1 Net Operating Income 357000 Possible Use CommercialIndustrialMulti-FamilyOfficeResidentialSee Remarks Power Production Type ElectricNatural Gas Property Condition Fair Property Sub Type Commercial Industrial Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 46000 Tax Year 2020 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Source Public Zoning Class CommercialIndustrialMulti-FamilyOfficeResidentialSee Remarks Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Simmi Real Estate | Keller Williams Eastside and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Simmi Real Estate | Keller Williams Eastside are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-18T00:15:58.26.

 
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Simmi Real Estate | Keller Williams Eastside
2616 241st Ave SE
Sammamish WA, 98075
Listing Courtesy of Saratoga Commercial R.E..