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Investment @property Directory

Cabaret Leasehold Bellingham, WA

Commercial Income Property (Retail)

Listing Expired about 2 years ago

List Price:

$1,075,000

XXXX Railroad Ave
Bellingham, Washington 98226 Get Map


Posted November 05, 2009



Description:

Opportunity to own prime CBD Bellingham real estate with solid tenants. Rental history with same tenants for 26 and 10 years respectively, net operating income of over $90K/year NNN, next door to exceptionally busy brewery and facing the port of Bellingham waterfront redevelopment project. Web cam of building and bay at bellngham herald web cam. 11,560 square feet of downtown opportunity. Seller to provide up to $50k at closing for Sprinklers or buyer’s prepaids. 9% cap rate after concessions.