133 Prince Avenue

133 Prince Avenue (Status: Pending)

133, Prince Ave, Bellingham, WA  98226

Possible 8+ Cap Rate. Newer 5,560 SQFT Commercial Building Near Bellis Fair Mall. Possible E-Z Owner Financing. $280K down, start rate of 4.25% interest & $3,500 Monthly Payments (OAC). Current Single Use tenant can pay $5,560 per month. Ideally Month-to-Month Tenant would stay until 4/26. Then adjust to fair market rent – (closer $8,340 per month). Tenant pays all utilities. 5,660 total SQFT in 2 sections: 4,000 SQFT Office/Retail (80’X50′) & 1,560 SQFT Retail/Warehouse/Shop ( 40’X40′). See photos for building diagram. High Ceilings, Natural Light & 2 Baths. 16’X10′ Exterior Garage Door, 2 10’X10′ Interior Roll-up’s Doors connecting the 2 spaces. Easy conversion for Multiple Tenants. Street parking & private parking lot for 10 cars.

Listing Details

Asset Class: Retail
Year Built: 2005
Building Total Square Feet: 5560
Available Lease Space Square Feet: 5560
Number of Floors: 1
Total Parking Spaces: 10
Local Zoning Information: PCLI

Listing Courtesy of: RE/MAX Whatcom County, Inc.

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.