401 Lincoln Street
Everson, WA 98247
3.27 acres | #2318708
Description
Excellent Investment Opportunity! 8% Cap Rate, Absolute Lease, Amazing, Solid Tenant w 10 yr term and 2 - 5yr options. This is 'the one.' Flex Building features brand new TPO over steel roof, 45,330 s.f. of main floor, warehouse, production and sales space, with 6 dock high and 3 grade level doors, demised for single or multi-tenant occupancy, with an additional 2,905 s.f. of upper floor offices, a media production studio & mezzanine. High Profile commercially zoned corner property w/ high traffic count situated on 2 parcels, totaling 3.2 acres in the growing bedroom community of Everson. There are 55+ parking stalls w fresh paving from the loading docks to Lincoln St.
Property Details
- InteriorConcrete, Laminate Hardwood, Laminate Tile, Wall to Wall Carpet
- Style61 - Comm Bldg Ovr 10K
- FoundationPoured Concrete, Slab
- Property SubtypeCommercial Industrial
- Date ListedJanuary 17, 2025
- Sewer InformationSewer Connected
- Exterior MaterialsMetal/Vinyl
- Structure TypeUnspecified
- Original List Price$7,400,000
- Property ConditionVery Good
- Property TypePurchase
- SubdivisionEverson
- CountyWhatcom
- MLS #2318708
- Cost7400000
- MLS #2318708
- Utility SourcePublic
- Acres3.27
- Year Built1975
- Days on Market (Cumulative)36
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-01-30 22:43:10. 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.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Lyle Sorenson (#NWM92771)
Listing Office: Windermere Real Estate Whatcom (#NWM5756)
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