2693 Delta Ring Road , Ferndale, Wa 98248

WA, Ferndale
$2,200,000
  • 1.16 Acre
  • Commercial Sale Property Type
  • 2009 Year Built
  • Closed Status
Property Description

Delta Ring Commercial Condominium presents a prime investment opportunity in the industrial sector. Key highlights include:Condominium: seven tax parcels, 100% occupancy over recent years.Leasing Potential: Short-term leases currently below market rates, significant upside potential.Condition: Excellent, no deferred maintenance, metal siding and metal roof contribute to low maintenance costs.Construction Quality: The building is well-constructed and meticulously maintained, enhancing its long-term value.Investment Appeal: Priced at the 2023 appraised value, it’s an attractive option for a 1031 exchange or as a stable investment asset.Overall, this property is ideal for investors seeking a reliable, well-maintained industrial asset

Source: NWMLS
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 2276854
  • Price: $2,200,000
  • Year Built: 2009
  • Lot Area: 1.16 Acre
  • Status: Closed
  • Office Name: Windermere Real Estate Whatcom
  • Agent Name: Bob Sandoz
  • Property Sub Type: Commercial Industrial
  • Roof: Metal
Features
  • Exterior Features Metal/Vinyl
  • Flooring Concrete
  • Interior Features Concrete
  • Sewer Septic Tank
Address Map
  • Country US
  • State WA
  • County Whatcom
  • City Ferndale
  • Zipcode 98248
  • Street: Delta Ring
  • Street Number: 2693
  • Street Suffix: Road
  • Longitude: W123° 22' 43.4''
  • Latitude: N48° 54' 0.2''
  • Directions: I-5 Exit 266 East on Grandview Rd. to Vista Drive, turn rt., immediate rt. on Delta Tech, follow to Delta Ring Rd.
  • Mls Area Major: 870 - Ferndale/Custer
Additional Information
  • Lot Size Dimensions: 324' X 155'
  • Water Source: Private, Community, Shared Well
  • On Market Date: 2024-08-13
  • Foundation Details: Post & Pillar
Financial
  • Tax Annual Amount: 11214.95
Listing Information
  • List Agent Mls Id: 44491
  • List Office Mls Id: 9110
  • Listing Term: Cash Out
  • Mls Status: Sold
  • Modification Timestamp: 2024-11-25T12:04:13Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-11-01T19:10:07Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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