2010 Grandview Road Ferndale, WA $ 1,995,000
2010 Grandview Road
$ 1,995,000
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2010 Grandview Road

Ferndale, WA, 98248
$ 1,995,000
Baths0.0

Monthly Estimate*

$ 13,259

Listed by John L. Scott Bellingham
2010 Grandview Road, Ferndale, WA 98248 - Image 1
2010 Grandview Road, Ferndale, WA 98248 - Image 2
2010 Grandview Road, Ferndale, WA 98248 - Image 3
2010 Grandview Road, Ferndale, WA 98248 - Image 4
2010 Grandview Road, Ferndale, WA 98248 - Image 5
2010 Grandview Road, Ferndale, WA 98248 - Image 6
Studio

Commercial Property for sale in Ferndale, WA

for $1,995,000. This building was built in 2009 on a lot size of 9.7.

Stable passive income and growth opportunity just off I-5. The Grandview Park consists of a 13,120 sq ft 8-bay bldg, leased office/apartment, and smaller office bldg. Total 14,946 sq ft. 9.7 acres (4 acres usable) - plenty of pad-ready land for more bldgs, or lease the land to businesses needing to park cars/trucks/storage. Current income and bldg footprint gives a 5.2% cap rate + extra 1.75 acres land for development or lease, pushing proforma cap rate to 7+%

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Commercial Pending

Price

$ 1,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,283

Style

Comm Bldg Ovr 10K

Lot Size

9.7

Year Built

2009

Town/City

Ferndale

County/Region

Whatcom

MLS | Web ID

2062970

Features
General
Interior Features Concrete Wall to Wall Carpet
Sewer Septic Tank
Heating Forced Air
Cooling Forced Air
Possession Closing Tenant's Rights
Roof Metal
Exterior Features Metal/Vinyl Wood Products
HOA 0
Year Built 2009
Topography Level
Property SubType Commercial Industrial
Tax Year 2023
County Whatcom
Property Type Commercial Sale
HOA / Comm Assn N
Subdivision Name Ferndale
Possible Use Business
Building Features Disabled Access Signage Included Storage
Special Listing Conditions None
Status Pending Feasibility
Directions I-5 north to exit 266. Head East property on left
City Ferndale
Buyer Agent Compensation 2.5
Senior Community Y/N N
NumberOfUnitsTotal 0
MLS Area 870 - Ferndale/Custer
Lot Size Units Square Feet
Lot Size Square Feet 422532
Carport Y/N N
Street Name Grandview
Listing Terms Cash Out Conventional Owner Financing
Tax Annual Amount 9283
Property Condition Good
Public Remarks Stable passive income and growth opportunity just off I-5. The Grandview Park consists of a 13 120 sq ft 8-bay bldg leased office/apartment and smaller office bldg. Total 14 946 sq ft. 9.7 acres
Structure Type Unspecified
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Water Company PUD #1
Zoning Class Business
Property Style 61 - Comm Bldg Ovr 10K
Cap Rate 5.2
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Interior
Flooring Concrete Carpet
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Road
Bedrooms Possible 0
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Vegetation Wooded
Water Source Public
Total Parking 162
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 9.7
Open Parking Y/N N
Irrigation Water Rights Y/N N
Site Frontage 500
Parking Uncovered Total 162
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Internal Only
OriginalMLSID NWM2062970
Street Number 1 2010
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* Excluded Features
List By
Patrick Starr

Listing Agent

John L. Scott Bellingham

Broker

Affordability Calculator

$14,033
Per Month
94%
6%
0%
Monthly Principal & Interest
$13,259
Monthly Property Taxes
$774
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2023$1,995,000 Listed Price

Map


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2010 Grandview Road, Ferndale, WA, 98248 is a Commercial Property for sale at $1,995,000 with a lot size of 9.7. 2010 Grandview Road is a studio with 0.0 baths and was built in 2009. The property's zip code is 98248 which is in Ferndale, WA