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1842 Front St Lynden WA 98264

$ 700,000
1842 Front St, Lynden,
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Turn-key investment or redevelopment opportunity on Front Street in Lynden for only $60 per sq ft. This is a great retail building on Front St across from the Lynden Fair Grounds. Currently leased by 4 tenants with 1 vacancy. The property is a 8.61% cap based on a modest proforma. 5.46% cap based on actuals with one vacancy of approximately 4,359 sq ft.

Address: 1842 Front St, Lynden
City:
State/County:
Zip: 98264
Country: United States
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Property Id : 18373
Price: $ 700,000
Building Size - Square Feet: 11945
Lot Size - Square Feet: 62726
Building Status: Existing
Rentable Area - Square Feet: 11945
Year Built: 1978
Number Of Floors : 1
Parking Spaces: 20
Grade Doors: 1
Zoning: CS-1
APN/Parcel ID: 4003191951540000
Actual/Proforma: Proforma
Gross Scheduled Income: 85932
Vacancy Factor: 4297
Gross Adjusted Income: 81635
Operating Expenses: 20632
Net Operating Income: 61003
CAP Rate: 8
Grade Doors

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