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133 Prince Avenue

Bellingham, WA 98226
  • $1,080,000
  • STATUS: Pending Feasibility
  • ON SITE: 116 Days
  • ID#: 2004321
Under Contract
UPDATED: 60 min ago
$1,080,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2005
County:
Area:

School Ratings & Info

Northwest MLS logoListing Courtesy of Re/Max Whatcom County, Inc.: 360-647-1313.


Description

Possible 8+ Cap Rate. Newer 5,560 SQFT Commercial Building Near Bellis Fair Mall. Possible E-Z Owner Financing. $280K down, start rate of 4.25% interest & $3,500 Monthly Payments (OAC). Current Single Use tenant can pay $5,560 per month. Ideally Month-to-Month Tenant would stay until 4/26. Then adjust to fair market rent - (closer $8,340 per month). Tenant pays all utilities. 5,660 total SQFT in 2 sections: 4,000 SQFT Office/Retail (80'X50') & 1,560 SQFT Retail/Warehouse/Shop ( 40'X40'). See photos for building diagram. High Ceilings, Natural Light & 2 Baths. 16'X10' Exterior Garage Door, 2 10'X10' Interior Roll-up's Doors connecting the 2 spaces. Easy conversion for Multiple Tenants. Street parking & private parking lot for 10 cars.

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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 Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-02-05T18:14:08.99. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-02-05T18:14:08.99. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.recordrre.com/homes/133854698
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133 Prince Avenue Bellingham, WA 98226

  • Price: $1,080,000
  • Status: Pending Feasibility
  • On Site: 116 Days
  • Updated: 60 min ago
  • ID#: 2004321
0
Beds
0
Baths
0
½ Baths
0.38
Acres
2005
Built
Neighborhood:
Bellingham
County:
Whatcom
Area:
Bellingham
Property Description
Possible 8+ Cap Rate. Newer 5,560 SQFT Commercial Building Near Bellis Fair Mall. Possible E-Z Owner Financing. $280K down, start rate of 4.25% interest & $3,500 Monthly Payments (OAC). Current Single Use tenant can pay $5,560 per month. Ideally Month-to-Month Tenant would stay until 4/26. Then adjust to fair market rent - (closer $8,340 per month). Tenant pays all utilities. 5,660 total SQFT in 2 sections: 4,000 SQFT Office/Retail (80'X50') & 1,560 SQFT Retail/Warehouse/Shop ( 40'X40'). See photos for building diagram. High Ceilings, Natural Light & 2 Baths. 16'X10' Exterior Garage Door, 2 10'X10' Interior Roll-up's Doors connecting the 2 spaces. Easy conversion for Multiple Tenants. Street parking & private parking lot for 10 cars.
Exterior Features

Carport YN No Construction Methods Standard Frame Covered Spaces 6 Exterior Features Cement/Concrete Lot Size Dimensions 150 X 111 Open Parking YN No Parking Total 16 Roof Composition Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K Topography Level

Interior Features

Building Area Total 0 Fireplace YN No Flooring LaminateLaminateCarpet Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Forced AirWall To Wall CarpetLaminateLaminate Hardwood Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Cumulative Days On Market 96 Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventionalOwner Financing Net Operating Income 58683 Possession Tenant's Rights Possible Use Commercial Power Company Pse Power Production Type ElectricNatural Gas Property Condition Very Good Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company Cob Special Listing Conditions None Tax Annual Amount 6782 Tax Year 2022 Water Company Cob Water Source Public Year Built Effective 2005 Zoning Class Commercial Zoning Jurisdiction City

Listing information © 2023 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 Engel & Völkers Federal Way 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 Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-02-05T18:14:08.99. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2023-02-05T18:14:08.99. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_2_2004321-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_2_2004321-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/1280_boomver_2_2004321-1.jpg
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Engel & Völkers Federal Way
2012 S. 320th St. Suite A
Federal Way WA, 98003
Northwest MLS logoListing Courtesy of Re/Max Whatcom County, Inc.: 360-647-1313.