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2731 Meridian St 2731 Meridian St 2,448 SF Retail Building Bellingham, WA 98225 $1,077,795 CAD ($440.28 CAD/SF) 5.43% Cap Rate
Executive Summary
Excellent corner location off busy Meridian St. Fully leased stand alone building with 1,774 SF retail & 672 SF apartment above. Pole signage on Meridian St for retail space. Both spaces have separate entrances. Parking lot with 7 spaces. Additional space with alley access storage building (man door entry). Commercial zoning offers wide range of uses possible, including Airbnb rentals.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,448 SF
Building Class
C
Year Built
1904
Price
$1,077,795 CAD
Price Per SF
$440.28 CAD
Cap Rate
5.43%
NOI
$58,558 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.11 AC
Zoning
C - Commercial
Walk Score®
Very Walkable (85)
Bike Score®
Biker's Paradise (97)
Nearby Major Retailers
Property Taxes
| Parcel Number | 380224-554219-0000 | Improvements Assessment | $222,910 CAD |
| Land Assessment | $470,240 CAD | Total Assessment | $693,150 CAD |
Property Taxes
Parcel Number
380224-554219-0000
Land Assessment
$470,240 CAD
Improvements Assessment
$222,910 CAD
Total Assessment
$693,150 CAD
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2731 Meridian St | 2731 Meridian St
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