Waldron & Young Buildings – Bellingham, WA

  • $4,413,500
1318 McKenzie Ave, Bellingham, WA, 98225
For Sale
Waldron & Young Buildings – Bellingham, WA
1318 McKenzie Ave, Bellingham, WA, 98225
  • $4,413,500

Overview

Property ID: 693870
  • Multi-Family
  • Property Type
  • For Sale
  • Listing Type
  • 19820
  • Building (sq ft)
  • 5435
  • Lot Size
  • 1891
  • Year Built
  • Retail,Office
  • Asset Class

Description

Waldron & Young Buildings #693870
Status: Available
Here’s your chance to own a piece of historic downtown Fairhaven. 8 street-level commercial/retail condos split between the Waldron & Young Buildings encompassing Finnegan’s Alley. Multiple addresses. 100% occupied. Total 19,820 sq feet with 14,275 rentable. All leases include escalations and are NNN. All #s are actual, NOT pro-forma. 6.75% cap rate. View units with discretion only. Do not disturb tenants. Sale also includes some underground parking rights. Potential to assume underlying mortgage at 4.125% if desired.

Market Area: Whatcom County
County: Whatcom
Listing Type: For Sale
Asset Class: Retail,Office
General Zoning: Commercial/ Retail
Cap Rate: 0
Year Built: 1891
Construction Type: Brick,Masonry
Floors: 4
Parking: 0  (Covered: 0 & Uncovered: 0)


Listing Courtesy of: John L. Scott – Bellingham – Patrick Starr, CCIM (#22029)

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.

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  • 1318 - McKenzie Ave
    Bellingham, WA 98225
    USA
  • Whatcom County

Features

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Properties with the CBA logo are listed by the Commercial Brokers Association.
Disclaimer: The information contained in this listing has not been verified by Muljat Group Inc. - Bellingham and should be verified by the buyer.

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