5214 Guide Meridian - Auto Repair FOR SALE


Bellingham, WA 98226
$4,400,000 USD
206-799-9869
5214 Guide Meridian, Bellingham, WA for Sale
$4,400,000 USD
Auto Repair - FOR SALE
1/40
null | Request Cap Rate

5214 Guide Meridian
Bellingham, WA 98226


HIGHLIGHTS

  • Highly profitable, established business opportunity with room to expand!

OVERVIEW

Unique opportunity to acquire a profitable business and residential rental property with room to expand! Additional vacant building that can be used to generate added income, as well as excess land for development if desired. Guide Meridian Frontage zoned Rural General Commercial. Incredible street exposure to over 20,000 vehicles daily, unmatched in the region. The property is 5 acres with a thriving automotive shop (5866 sf), occupied single family rental (2040 sf), large vacant shell (previously a kennel, 5200 sf), barn (600 sf) and additional land. All structures are well built, with history and character, and uncrowded on a beautiful site with a private pond, established fruit trees and landscaping, with a peekaboo Mt. Baker view! Please call Sam Mullen at 206-799-9869 for details and to arrange a showing. The office and shops are continuing business operations and the single family home is occupied, please do not disturb. Thorough (prior three years) financial records available, as well as stabilized proforma and valuation methodology for prospective buyers. Recent sales numbers (T3) continue to improve on projections. Complete Matterport 360 tour of the inside of the shop and offices available upon request.

FOR SALE DETAILS

PRICE

$4,400,000 USD

PRICE/SF

$321 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Martin's Automotive

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Repair, Veterinarian/Kennel, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

GC

APN/PARCEL ID

390331-041418-0000

ASK ABOUT THIS PROPERTY

Sam MullenHomeSmart One RealtyMore Info
206-799-9869

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Sam MullenHomeSmart One RealtyMore Info
206-799-9869

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.