918 Citadel Dr - Multi-Family FOR SALE


Everson, WA 98247
$1,250,000 USD
360-756-0021
918 Citadel Dr, Everson, WA for Sale
$1,250,000 USD
Multi-Family - FOR SALE
1/71
null | 5.9% Cap Rate

918 Citadel Dr
Everson, WA 98247


HIGHLIGHTS

  • Flexible Small Town Commercial zoning allows residential and commercial use
  • 5,213 SF building with multiple income-generating units
  • 0.81-acre lot with additional development or expansion potential
  • Detached 50’ x 50’ three-bay shop for added income or owner-user use
  • Value-add opportunity through rent optimization and repositioning

OVERVIEW

918 Citadel presents a rare opportunity to acquire a flexible mixed-use asset in Whatcom County with immediate income potential and long-term upside. The property is currently configured with multiple independent living areas, allowing for income generation, owner-user flexibility, or repositioning into a higher-yield investment. Zoned Small Town Commercial, the property supports a wide range of uses including residential, office, retail, service-based businesses, and live/work configurations. The 5,213 SF building sits on a 0.81-acre lot and includes a detached 50’ x 50’ three-bay shop, providing additional income potential or operational use. This asset is well-suited for investors seeking value-add opportunities through rent optimization, as well as owner-users looking to control their operating environment while generating supplemental income. Priced at $1,250,000 and supported by a recent appraisal, offering confidence for both buyers and lenders. VIRTUAL TOUR HERE-- https://discover.matterport.com/space/q3cHB1p5Eap https://my.matterport.com/show/?m=uc6x354c7fkxch8t05c3d4d3d&mls=1

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$240 USD /SF

# OF UNITS

5

PRICE/UNIT

$250,000

CAP RATE

5.9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

Small Town Commercial

APN/PARCEL ID

3903090245040000

ASK ABOUT THIS PROPERTY

Phil DyerSterling Real Estate GroupMore Info
360-756-0021

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Phil DyerSterling Real Estate GroupMore Info
360-756-0021

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