2693 Delta Ring RD Pending Save Request In-Person Tour Request Virtual Tour
Ferndale,WA 98248
Key Details
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Pending
Purchase Type For Sale
Subdivision Ferndale
MLS Listing ID 2276854
Style 61 - Comm Bldg Ovr 10K
Year Built 2009
Annual Tax Amount $11,214
Lot Size 1.160 Acres
Property Description
Delta Ring Commercial Condominium presents a prime investment opportunity in the industrial sector. Key highlights include:Condominium: seven tax parcels, 100% occupancy over recent years.Leasing Potential: Short-term leases currently below market rates, significant upside potential.Condition: Excellent, no deferred maintenance, metal siding and metal roof contribute to low maintenance costs.Construction Quality: The building is well-constructed and meticulously maintained, enhancing its long-term value.Investment Appeal: Priced at the 2023 appraised value, it's an attractive option for a 1031 exchange or as a stable investment asset.Overall, this property is ideal for investors seeking a reliable, well-maintained industrial asset
Location
State WA
County Whatcom
Area 870 - Ferndale/Custer
Interior
Flooring Concrete
Exterior
Exterior Feature Metal/Vinyl
Roof Type Metal
Building
Sewer Septic Tank
Water Community,Private,Shared Well
Others
Acceptable Financing Cash Out
Listing Terms Cash Out