for sale $725,000 - loopnet

MIGUEL BRIONEZ BROKER360.393.7009 | [email protected]

www.BellinghamPropertySearch.com

FOR SALE $725,000120 W. SMITH RD BELLINGHAM, WA

1.8 Acres in Prime Locat ion at Smith & Guide

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representat ion is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other condit ions, prior sale, lease or financing or withdrawal without not ice. No liability of any kind is to be imposed on the broker herein.

1.8 acre property in prime locat ion. Property features 7 separate spaces totaling 9,867 sq ft + 2 Fenced Yard areas.

Property has the potent ial to house mult iple small businesses or one large business.

Yards can bring in addit ional income as R/V, Boat, Auto, Semi truck, and/or Equipment storage, or ut ilize for business operat ions.

- 8.9% Cap Rate- 10,225 sq ft of usable building space- 36,600 sq ft Fenced Yard Area- High Traffic Locat ion - 18,000 cars/day - Just off Guide Meridian (State Route 539)

direct route to Canadian Border- Access from W. Smith & Guide Meridian- 205 ft Frontage - Zoned Rural General Commercial (RGC)- 2 Commercial Water Shares- Biofilter Sept ic System- Full Site Alarm System- Seismic Upgrades

120 W. SMITH RD. BELLINGHAM, WA PROPERTY SUMMARY

MIGUEL BRIONEZ BROKER

360.393.7009 | [email protected] www.BellinghamPropertySearch.com

PROPERTY USE & RENTAL HISTORY

Property was formerly ut ilized by the owner to operate a motorcycle dealership & Budget moving truck rental affiliate office. Owner ut ilized front office and storage. The remainder of the shop, office, storage, and yard spaces were rented out to individual tenants.

The last year the property was fully rented was 2015, prior to the business relocat ion to a new facility. After moving the business of site, the owner has used the storage areas, but has not rented spaces as he is not able to manage tenants from his new locat ion. Current ly, there is one tenant occupying the detached shop & office space (building 6 on financial statement). Tenant is on a month-to-month rental agreement.

MAINTENANCE & UPGRADES

New sept ic system was installed in 2010

New roofs on office & storage buildings within the last 5 years

Seismic Upgrades approved by county

120 W. SMITH RD. BELLINGHAM, WA EXECUTIVE SUMMARY

MIGUEL BRIONEZ BROKER

360.393.7009 | [email protected] www.BellinghamPropertySearch.com

FINANCIAL SUMMARY120 W. SMITH RD. BELLINGHAM, WA

MIGUEL BRIONEZ BROKER360.393.7009 | [email protected] | www.BellinghamPropertySearch.com

MAPS120 W. SMITH RD. BELLINGHAM, WA


MAPS120 W. SMITH RD. BELLINGHAM, WA


NEIGHBORING BUSINESSES REGIONAL MAP

SITE PHOTOS120 W. SMITH RD. BELLINGHAM, WA


TRAFFIC COUNT120 W. SMITH RD. BELLINGHAM, WA



DEMOGRAPHICS120 W. SMITH RD. BELLINGHAM, WA


ZONING120 W. SMITH RD. BELLINGHAM, WA

PERMITTED USES RURAL GENERAL COMMERCIAL

Unless otherwise provided herein, permit ted and condit ional uses shall be administered pursuant to the applicable provisions of Chapter 20.80 WCC (Supplementary Requirements) and Chapter 20.84 WCC (Variances, Condit ional Uses, Administrat ive Approval Uses and Appeals). In a rural community designat ion, nonresident ial uses listed below are permit ted if a use of the same type existed in that same rural community designat ion on July 1, 1990, per WCC 20.80.100(1). In a rural business designat ion all uses are permit ted. Resident ial type uses listed below are permit ted in rural community and rural business designat ions.

.051 Retail and office type uses.

(1) Mobile home and recreat ional vehicle sales.

(2) Indoor commercial recreat ion facilit ies such as bowling alleys, skat ing

rinks, indoor theaters and physical fitness centers.

(3) Service establishment including but not limited to barber and beauty shops,

laundries, dry cleaners, furniture repair, frozen food lockers, funeral parlors,

animal hospitals, auct ion houses, financial inst itut ions, fraternal organizat ions

and professional offices.

(4) Retail establishments including but not limited to grocery, liquor, drug,

sundries, variety, building supplies, clothing, florist , nurseries, opt ical, sport ing

goods, appliance, music, pet stores and marijuana retail facilit ies.

(5) Print ing and publishing establishments.

(6) Mini-day care centers and day care centers.

(7) Construct ion contractors? business offices, including outdoor storage of

equipment.

.052 Storage and warehousing type uses.

(1) Rental storage establishments.

.053 Restaurant type uses.

(1) Eat ing and drinking establishments.

.054 Automotive and equipment repair type uses.

(1) Automobile, motorcycle, marine and farm implement sales, rental agencies,

repair and service; provided, that all repair services are conducted within an

enclosed building.

(2) Automobile service stat ions, car washes and public garages.

.055 Resident ial type uses.

One single-family dwelling or duplex per lot of record subject to:

(1) Health department requirements regarding soil type and water supply.

(2) A deed restrict ion recorded with the Whatcom County auditor is attached

to the lot(s) at the t ime of building permit issuance stat ing that the dwelling(s)

is located in a Rural General Commercial Zone and buyers should be aware

that commercial uses will be allowed on surrounding parcels and owners have

no grounds for protest.

(3) This permit ted use is only allowed on lots created as of May 22, 2011, or

lots created according to WCC 20.59.257.

.056 Public and community type uses.

(1) Public ut ilit ies, except broadcast towers, which require a condit ional use

permit pursuant to WCC 20.82.030(5), and water and sewer treatment plants,


https://www.codepublishing.com/WA/WhatcomCounty/html/WhatcomCounty20/WhatcomCounty2080.html#20.80

https://www.codepublishing.com/WA/WhatcomCounty/html/WhatcomCounty20/WhatcomCounty2084.html#20.84

https://www.codepublishing.com/WA/WhatcomCounty/html/WhatcomCounty20/WhatcomCounty2080.html#20.80.100



ZONING120 W. SMITH RD. BELLINGHAM, WA

which require a condit ional use permit pursuant to WCC 20.82.030(8).

(2) Public community facilit ies including police and fire stat ions, libraries,

community centers, recreat ion facilit ies, and other similar noncommercial

uses.

(3) Public parks and recreat ion facilit ies included in an adopted city or county

Comprehensive Plan or Park Plan.

(4) Trails, t railheads, restroom facilit ies and associated parking areas for no

more than 30 vehicles.

(5) Act ivity centers.

(6) Adult family homes as defined in Chapter 70.128 RCW.

(7) Boarding homes that are similar in size, facilit ies and occupancy to other

resident ial structures permit ted in the zoning district .

(8) Mental health facilit ies that provide resident ial t reatment and are similar

in size, facilit ies and occupancy to other resident ial structures permit ted in

the zoning district .

(9) Substance abuse facilit ies that provide resident ial t reatment and are

similar in size, facilit ies and occupancy to other resident ial structures

permit ted in the zoning district .

(10) Secure community transit ion facilit ies for sex offenders.

(a) A secure community transit ion facility shall not be located adjacent to,

immediately across the street or parking lot from, or within the line of sight

of exist ing risk potent ial facilit ies, which are:

(i) Public schools;

(ii) Private schools;

(iii) School bus stops;

(iv) Licensed day care;

(v) Licensed preschool facilit ies;

(vi) Public parks;

(vii) Publicly dedicated trails;

(viii) Sports fields;

(ix) Playgrounds;

(x) Recreat ional and community centers;

(xi) Churches, synagogues, temples or mosques;

(xii) Public libraries;

(xiii) Public and private youth camps; and

(xiv) Other uses ident ified by the State Department of Social and Health

Services pursuant to RCW 71.09.020.



https://www.codepublishing.com/cgi-bin/rcw.pl?cite=70.128

https://www.codepublishing.com/cgi-bin/rcw.pl?cite=71.09.020

EASEMENTS120 W. SMITH RD. BELLINGHAM, WA


BPA EASEMENT & LAND USE AGREEMENT



VARIED ACCESS EASEMENT

for sale $725,000 - loopnet

Documents