6010 Guide MeridianBellingham, WA 98226

Property Details for 6010 Guide Meridian

Year built

1989

Lot size

0.96 AC

Property size (Sq ft)

2,448 SF

Zone code

RGC

Property type

Auto shops

APN

390319 025408 0000

APU

3903190254080000

Description

This exceptional commercial property boasts an unparalleled location at 6010 Guide Meridian in Bellingham, WA, offering approximately 140 feet of frontage on a major highway frequented by both American and Canadian traffic. The property encompasses a substantial 41,720 square feet of commercially zoned land and includes two distinct buildings. One building is ideally suited for office space, while the second building is a 2,400 square foot shop featuring six high bay doors, providing ample space for various commercial uses. The high visibility and convenient access make this property an excellent investment opportunity for businesses seeking a prominent location with significant traffic exposure. The existing income stream adds to the appeal, presenting a solid return on investment. This is a rare opportunity to acquire a well-situated, versatile commercial property in a thriving area with strong potential for growth. The property's size and layout offer flexibility for a wide range of commercial ventures, making it an attractive option for businesses seeking to establish or expand their operations in a strategic location. The asking price is $975,000. The lot size is 0 acres.

• CAP approach

  CAP return

  Valuation

  6%

  $970,657

  6.5%

  $895,991

  7%

  $831,992

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,875,199

  Geo Method

  $1,188,018

• Alternative Use

  Use

  Valuation

  Residential

  $755,802

  Hospitality

  $692,310

  Educational

  $575,994

  Medical

  $595,804

  Retail

  $895,991

Location Insight

City

Bellingham

County

Whatcom

State

Washington

Latitude

48.859

Longitude

-122.485

CBSA code

13380

CBSA name

BELLINGHAM, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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