4250 Dewey Road, Bellingham, WA 98226

$1,299,999

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Listing courtesy of Windermere RE Whatcom, Inc..

List Price
$1,299,999
Status
ACTIVE
MLS#
2540127
Days on Market
47

Property Description

Income producing property with immediate value-add opportunity on beautiful 6.66 acre parcel. This property provides a stable income through four month-to-month leases while allowing for future upside through repositioning, redevelopment, or operational optimization. NOI is $57,500 and proforma NOI is $99,000. All tenants are under-market. Residential leases are month to month and the shop tenant has a lease through December 2026. Zoning is R5A.

Additional Information

Community
Bellingham
Style
60 - Comm Bldg Und 10K
Potential Terms
Cash
Driving Directions
GPS
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