Ferndale, WA 98248,2693 Delta Ring RD
See all 27 photos
Ferndale, WA 98248,2693 Delta Ring RD
Ferndale, WA 98248,2693 Delta Ring RD
Ferndale, WA 98248,2693 Delta Ring RD
Ferndale, WA 98248,2693 Delta Ring RD
Listed by Windermere Real Estate Whatcom
Bought with Windermere Real Estate Whatcom

$2,100,000

Est. payment /mo

$2,200,000

4.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2693 Delta Ring RD Ferndale, WA 98248

1.16 Acres Lot

SOLD DATE : 10/25/2024

Key Details

Sold Price $2,100,000

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Ferndale

MLS Listing ID 2276854

Style 61 - Comm Bldg Ovr 10K

Year Built 2009

Annual Tax Amount $11,214

Lot Size 1.160 Acres

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

Location

State WA

County Whatcom

Area 870 - Ferndale/Custer

Interior

Flooring Concrete

Exterior

Exterior Feature Metal/Vinyl

Roof Type Metal

Building

Sewer Septic Tank

Water Community, Private, Shared Well

Others

Acceptable Financing Cash Out

Listing Terms Cash Out

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Northwest MLS (NWMLS)

Maynard Wagner

Team Leader

+1(206) 369-8201

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.