Listing Provided Courtesy Of:
Coldwell Banker Bain

$385,000 2080 Alder St Ferndale, WA

MLS: 1129103   Type: Commercial   County: Whatcom   City: Ferndale   Area: Ferndale-custer   Neighborhood: Ferndale   Zip: 98248   Style: Comm Bldg Und 10K     Taxes: $2,685

Mortgage $1,808 /mo



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Main floor office w/5 offices, reception area, full kitchen and 2 bathrooms. Upstairs apartment is an 1800 SF 2 bedroom apartment with large rooms, 2 bathrooms and an open floor plan. 2 outside staircases and an inside staircase to the apartment. New roof in January of this year, separate electric meters and a heat pump for each unit. Great parking includes 16 parking spaces. Nice location in downtown Ferndale. With projected rents the cap rate would be 5.8%.

Elementary School

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Price History

5/20/2017 Listed $425,000
6/29/2017 5% - $405,000
9/15/2017 3% - $395,000
11/9/2017 3% - $385,000

Community Name Ferndale
Energy Source Electric
Heating and Cooling Forced Air
Home Owner Dues 0
Number of Available Pads 0
Water / Sewer / Garbage 0
Water Source Public
Year Built 1977

Interior Features

Approx. Office Square Feet 1680
Approximate Whse/Mfg Square Feet 0
Expansion Area N
Floor Covering Vinyl, Wall to Wall Carpet

Exterior Features

Exterior Features Wood
Foundation Poured Concrete
Pad Ready N
Roof Flat, See Remarks
Sewer Sewer Connected
Site Frontage 75
Style Comm Bldg Und 10K
Total Covered Parking 0
Total Uncovered Parking 16

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Listing Provided Courtesy Of:
Coldwell Banker Bain

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Property vs Zip Code Avg (98248)

Price 385K Avg 1.32M

Taxes $2,685 Avg $1,682

Acres 0.16 Avg 2.54

Visits 5 Avg 7

Days on Site 243 Avg 136

Walkscore® 62 Avg 39

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Listing Provided Courtesy Of: Coldwell Banker Bain

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Location & Address

Ed Finlan
425 Commercial St
Mount Vernon, WA

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