3201 Northwest Ave $749,000

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    3201 Northwest Ave Bellingham, WA 98225

    • 0.37 Acres
    • Commercial/Industrial
    Listing# 1409160 | Active

    $749,000

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    Days On Market: 228 4 Views
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    Property Details

    Well maintained 8 Unit Commercial Building in the Columbia Neighborhood adjacent to Yeagers Sporting Goods. Located on the Main North/South Arterial to Downtown with Excellent Visibility. Fully Leased some long term tenants. Tenants pay their utilities above rent. New roof in 2017. Lots of Parking. Owner is willing to consider creative financing options.

    • General Features
      • County Whatcom
      • Zoning Class Commercial
      • Zoning Jurisdiction City
      • Style 60-Comm Bldg Und 10K
      • Approx Building SqFt 3,641
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 3,641
      • Total Uncovered Parking 21
      • Total Covered Parking 0
      • Lot Dimensions 109 x 100 x 58 x 80 x 150
    • Building Features
      • Exterior Brick, Wood
      • Foundation Poured Concrete, Slab
      • Floor Covering Ceramic Tile, Concrete, Vinyl, Wall-to-Wall Carpet
      • Heating and Cooling Forced Air
    • Property Features
      • Lot Square Footage 15,879
      • Depth of Lot 0
      • Site Frontage 0
      • Expansion Area Y
      • Water-Sewer-Garbage 1200
      • Sewer Sewer Connected
      • Sewer Company City
      • Energy Source Natural Gas
      • Power Company PSE
      • Number of Available Pads 0
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 3,641
      • Total Monthly Rent $5,330
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 7.1
      • Gross Scheduled Income $63,960
      • Gross Adjusted Income $0
      • Total Expenses $0
      • NOI $54,194
      • Electrical Expenses $0
      • Tax Expense $4,030
      • Heating Expense $0
      • Insurance Expense $2,725
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2019

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    Neighborhood

    98225 (Bellingham) Demographics

    29Median Age
    3,901Population Density (per sq. mile)
    52%College Educated
    $40,370 Estimated Median Income
    7,991Estimated Total Home Owners
    11,632Estimated Total Renters
    41% / 59%Estimated Owner / Renter Divide
    0Estimated Average Household Size
    49,240Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $385,000 Median Sales Price
    35 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $749,000
        5/10/2019 12:10:58 PM Price Reduced Source New Value: $749,000 -1.32%
        2/7/2019 10:41:00 AM New in Database Source New Value: $759,000

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.