2693 Delta Ring Road
Ferndale, WA 98248
1.16 acres | #2276854
Description
Delta Ring Commercial Condominium presents a prime investment opportunity in the industrial sector. Key highlights include:Condominium: seven tax parcels, 100% occupancy over recent years.Leasing Potential: Short-term leases currently below market rates, significant upside potential.Condition: Excellent, no deferred maintenance, metal siding and metal roof contribute to low maintenance costs.Construction Quality: The building is well-constructed and meticulously maintained, enhancing its long-term value.Investment Appeal: Priced at the 2023 appraised value, it's an attractive option for a 1031 exchange or as a stable investment asset.Overall, this property is ideal for investors seeking a reliable, well-maintained industrial asset
Interior Details
- InteriorConcrete
Property Details
- Exterior MaterialsMetal/Vinyl
Measurements
- Acres1.16
Construction Details
- Style61 - Comm Bldg Ovr 10K
- Property TypePurchase
Condition
- Year Built2009
Material information
- FoundationPost & Pillar
Utilities / Energy Details
- Utility SourceCommunity, Private, Shared Well
- Sewer InformationSeptic Tank
Community and Neighborhood Details
- SubdivisionFerndale
Location
- CountyWhatcom
Financial Details
- Original List Price$2,200,000
- Taxes Annual$11,214
- Days on Market (Cumulative)37
Other
- MLS #2276854
Legal
Disclaimer: The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - 21 - WA and should be verified by the buyer.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright 2024 Northwest Multiple Listing Service. All rights reserved.
Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Bob Sandoz (#NWM44491)
Listing Office: Windermere Real Estate Whatcom (#NWM9110)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
