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Listed by Windermere Real Estate Whatcom

$2,200,000

Est. payment - /mo

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1.16 Acres Lot

Pending

2693 Delta Ring RD Ferndale, WA 98248

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Whitney Johnson

whitney@unitedcountrynw.com +1(509) 240-6438

UPDATED:

10/01/2024 07:42 AM

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

Lot Dimensions 324' X 155'

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

Interior Features Concrete

Flooring Concrete

Fireplace Yes

Exterior

Exterior Feature Metal/Vinyl

Roof Type Metal

Building

Sewer Septic Tank

Water Community, Private, Shared Well

Others

Senior Community No

Acceptable Financing Cash Out

Listing Terms Cash Out

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

Whitney Johnson

2693 Delta Ring RD Ferndale, WA 98248

Whitney Johnson

Key Details

Location

Interior

Exterior

Building

Others

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