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225 Marine Drive

Blaine, WA 98230
  • $1,500,000
  • STATUS: Pending Feasibility
  • ON SITE: 30 days
  • ID#: 1797611
Under Contract
UPDATED: 21 min ago
$1,500,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2007
County:

School Ratings & Info

Listing Courtesy of Windermere Real Estate Whatcom.

Description

Beautiful cannery-style bldg & add'l free standing building. Main bldg can be expanded to 18,000 SF, zoned for office/retail/commercial on ground floor w/Residential in 2nd & 3rd stories, 25 yr + (3) \10 year renewals on land lease w/Port of Bellingham to 2047. Located on Blaine's beautiful boardwalk across from the public Marine Park. Stunning panoramic saltwater marina, mountain & city views. Steps to your boat & 2 minutes to US/Canada border & I-5. Long term strong tenants. Great investment in booming Blaine, WA. Considered the prime office space in the area due to it's location and unmatched views. Ample parking and walking distance to downtown Blaine with a myriad of restaurants and shops. Residential unit could be expanded if desired.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Five Doors Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-25T12:13:46.537.

www.pugetsoundfivedoors.com/homes/118667857
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225 Marine Drive Blaine, WA 98230

  • Price: $1,500,000
  • Status: Pending Feasibility
  • Updated: 21 min ago
  • ID#: 1797611
0
Beds
0
Baths
0
½ Baths
0.41
Acres
2007
Built
Neighborhood:
Blaine
County:
Whatcom
Area:
Blaine/Birch Bay
Property Description
Beautiful cannery-style bldg & add'l free standing building. Main bldg can be expanded to 18,000 SF, zoned for office/retail/commercial on ground floor w/Residential in 2nd & 3rd stories, 25 yr + (3) \10 year renewals on land lease w/Port of Bellingham to 2047. Located on Blaine's beautiful boardwalk across from the public Marine Park. Stunning panoramic saltwater marina, mountain & city views. Steps to your boat & 2 minutes to US/Canada border & I-5. Long term strong tenants. Great investment in booming Blaine, WA. Considered the prime office space in the area due to it's location and unmatched views. Ample parking and walking distance to downtown Blaine with a myriad of restaurants and shops. Residential unit could be expanded if desired.
Exterior Features

Carport YN No Construction Methods Standard Frame Covered Spaces 0 Exterior Features Metal/VinylWood Products Foundation Details Poured Concrete Open Parking YN No Parking Total 0 Roof Metal Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K Topography Level

Interior Features

Cooling YN Yes Fireplace YN No Flooring Concrete Furnished Unfurnished Heating Cooling Type Forced AirHeat Pump Heating YN Yes Interior Features Heat Pump

Property Features

Building Features Sprinklered Electric Expense 7525 Electric On Property YN No Expansion Area True First Right Of Refusal False Fuel Expense 1040 Gross Adjusted Income 120889 Gross Scheduled Income 120889 Insurance Expense 2880 Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 80646 Power Production Type ElectricNatural Gas Property Condition Very Good Property Sub Type Commercial Industrial Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 6025 Tax Year 2020 Total Expenses 40243 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 1545 Water Source Public Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Five Doors Real Estate and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Five Doors Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-25T12:13:46.537.

 
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Five Doors Real Estate
33434 8th Ave S, Ste 103
Federal Way WA, 98003
Listing Courtesy of Windermere Real Estate Whatcom.