7135 Delta Line Road, Ferndale, WA 98248
- $5,800,000
Listing courtesy of Windermere RE Whatcom, Inc..
- List Price
- $5,800,000
- Status
- ACTIVE
- MLS#
- 2392878
- Price Change
- ▼ $500,000 1783035220
- Days on Market
- 408
Property Description
Excellent opportunity to purchase a strong, well-established metal fabrication Business and Real Estate. 6.1 acres of prime, level, dry, serviced industrial property accessed by an all-weather heavy haul road via a full exchange off I-5. Improvements consist of 3 buildings totaling 20,676 SF sited on 3 fenced and graveled acres which are leased long-term by a very strong regional tenant. The property is fully served and features 2000 Amps of 480v/3 phase. The remaining 3.1 vacant acres represents upside potential through expansion of the laydown yard and existing buildings or adding new buildings and tenants. Either way, true upside potential exists by generating more income with the additional land. See OM for more details.
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Additional Information
- Community
- Ferndale
- Style
- 71 - Light Indrl.
- Year Built
- 2000
- Roof
- Metal
- HOA Dues
- $1,800
- Potential Terms
- Cash, Conventional
- Flooring
- Concrete, Vinyl
- Driving Directions
- Take the Grandview exit off I-5. Head West. Turn right on Vista Drive. Turn Right on Delta Line Road. Property is on the left as you enter the park.
- Energy Source
- Electric, Natural Gas
- Net Operating Income
- $228,000
- Gross Adjusted Income
- $228,000
- Gross Scheduled Income
- $228,000
- Cap Rate
- 5
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.