549 Cherry St - Specialty FOR SALE


Blaine, WA 98230
$999,000 USD
360-441-5566
549 Cherry St, Blaine, WA for Sale
$999,000 USD
Specialty - FOR SALE
1/46
null | 6% Cap Rate

549 Cherry St
Blaine, WA 98230


OVERVIEW

What an Opportunity to own an income-producing property in the heart of Blaine! The Peace Arch Montessori has been a staple Daycare Business in Blaine for over 15 years and has capacity to care for approximately 50 children. The house and school building are both included in the purchase and are both tenanted. The rent for the entire property is $7,000/month including all utilities with an opportunity for additional income via a profit share agreement with the tenant. Both house and school buildings are in very good shape with minimal upgrades needed.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$191 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

549 Cherry St, Blaine

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

-

APN/PARCEL ID

4001060533830000

ASK ABOUT THIS PROPERTY

Justin BrunsvikLifeline EquityMore Info
360-441-5566

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Justin BrunsvikLifeline EquityMore Info
360-441-5566

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