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5562 Guide Meridian
Bellingham, WA 98226
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,888 SF
Building Class
B
Year Built
1931
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
8 Exterior
Building FAR
0.12
Lot Size
1.92 AC
Zoning
GC
Parking
36 Spaces (3.64 Spaces per 1,000 SF Leased)
Frontage
181’ on Guide Meridian Rd
About 5562 GUIDE MERIDIAN , BELLINGHAM, WA 98226
This is 5562 Guide Meridian. Included are 4 total buildings. A single-family house that is 4 bedroom 2 bathrooms with 1840 square feet with a garage plus 2 3000 SqFt shops, one of which has a studio apartment and the 4th building is a brand new 2000 SqFt shop. All buildings are separately metered. Several storage containers that are rented are also included in the sale. The long term tenants have maintained a great relationship with the owner. Cap rate is currently at 5.2% with a lot of room for rental income expandability. This property also offers owner financing terms. Guide Meridian is a known high-traffic commercial zone with over 23,000 cars a day. See MLS property 1213914 for more information.
Property Taxes
| Parcel Number | 390330-027347-0000 | Improvements Assessment | $812,051 |
| Land Assessment | $349,799 | Total Assessment | $1,161,850 |
Property Taxes
Parcel Number
390330-027347-0000
Land Assessment
$349,799
Improvements Assessment
$812,051
Total Assessment
$1,161,850
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